Uranium Spot Prices Fall Amid Weak Investor Demand, Ux Says

Long Tail

Bloomberg.com reports on the uranium spot price with weak investor demand.

Bloomberg.com reports on the uranium spot price with weak investor demand.

The market news is quoted as saying;

Uranium spot prices fell 2.8 percent amid weak demand as traders of the nuclear fuel entered the holiday season, Ux Consulting Co. said.

Uranium-oxide concentrate for immediate delivery was at $52.75 a pound in the four days through June 30, Ux said in an e-mailed report today. That’s based on the most competitive offer tracked by the Roswell, Georgia-based company. Prices from this week were unavailable due to the U.S. holiday season, it said.

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