Uranium spot price to stay around US$40: RCR

- March 31st, 2010

AJM reports RCR has predicted spot price of uranium will trade between US$40/lb and US$45/lb for some time.
The uranium spot price is currently trading at US$41.25/lb, down 8 per cent from three months ago (US$45.00/lb) and compares with US$52.50/lb at year end December 2008.
The Fund Implied Price (FIP) is US$42.50/lb, which compares with US$41.40/lb at […]

AJM reports RCR has predicted spot price of uranium will trade between US$40/lb and US$45/lb for some time.

The uranium spot price is currently trading at US$41.25/lb, down 8 per cent from three months ago (US$45.00/lb) and compares with US$52.50/lb at year end December 2008.
The Fund Implied Price (FIP) is US$42.50/lb, which compares with US$41.40/lb at year end December 2008.

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