Uranium Spot Prices Dip Below $53/lb

Platts reported the spot uranium price dropped to slightly below $53 a pound U3O8, according to price publishers TradeTech and Ux Consulting.

As quoted in the market news:

Most analysts are predicting that trading volumes will continue to be light each week through the remainder of this year. As Ux noted in its Monday report, a number of buyers and sellers already have met their volume expectations for the year, which is not surprising given volume levels posted since July.

Click here to read the full Platts report.