Uranium spot price rises slightly, but gain may be temporary

- July 20th, 2010

 
 
Platts.com reports spot uranium rises to $41.75/lb.
And while offer prices increased slightly (UxC bases its price on the most competitive offers
it is aware of), that trend may not hold, UxC said. “Once the outcomes of the solicitations [to Taiwan Power and New Jersey’s Public Service Electric and Gas] are known, sellers may look to market […]

 

 

Platts.com reports spot uranium rises to $41.75/lb.

And while offer prices increased slightly (UxC bases its price on the most competitive offers
it is aware of), that trend may not hold, UxC said. “Once the outcomes of the solicitations [to Taiwan Power and New Jersey’s Public Service Electric and Gas] are known, sellers may look to market their unsold material a little more aggressively.”

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