Uranium Spot Market a ‘Ghost Town’ With No Price Change, Ux Says

Bloomberg.com reports on the uranium spot market.

The market news is quoted as saying:

Uranium spot prices, depressed by the nuclear crisis in Japan, were unchanged last week amid low trading volume, Ux Consulting Co. said.

Uranium-oxide concentrate for immediate delivery sold for $50.50 a pound in the seven days ended yesterday, the same as the previous week, Ux said in an e-mailed report today. That’s based on the most-competitive offer tracked by the Roswell, Georgia-based company.

Click here to access the entire news.