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Uranium Investing News and U308.biz reports the ongoing global markets uncertainty has further contributed to the fall in uranium spot price last week. Price publisher Ux Consulting reduced its uranium spot price estimate by US$2 to US$44 a pound U3O8. Analysts are now waiting for things to stabilize at a point where demand would be …
Uranium Investing News and U308.biz reports the ongoing global markets uncertainty has further contributed to the fall in uranium spot price last week.
Price publisher Ux Consulting reduced its uranium spot price estimate by US$2 to US$44 a pound U3O8. Analysts are now waiting for things to stabilize at a point where demand would be strong enough to absorb the biggest bargains on the spot market. Rumour has it interested buyers are already waiting in the wings, but for the moment, they seem to be waiting for further drops in price. They may well be waiting awhile; just last week, price publisher Tradetech reported that sellers were resistant to offer material at the then lowest bid levels.