Uranium Tumbles On Japan Crisis
Mar. 17, 2011 06:42AM PST
Long TailWSJ reports on the uranium sector as the Japanese crisis continues.
WSJ reports on the uranium sector as the Japanese crisis continues.
The market news is quoted as saying:
The most volatile market since the Japanese earthquake isn’t Japanese or U.S. stocks. It is uranium, which until Friday was a little-noticed pocket of the commodities markets.
Trading in uranium is often sporadic, with just a few dozen transactions taking place each month, and trading on the spot market totaling about $2.5 billion last year.