Uranium Spot Prices Fall as Vacation Season Cuts Demand, Ux Says
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Uranium spot prices, which weakened after the Fukushima reactor crisis in Japan, fell 1.9 percent in the past week during the Northern Hemisphere’s summer holiday season, Ux Consulting Co. said.
Uranium-oxide concentrate for immediate delivery traded at $50.50 a pound in the seven days through yesterday compared with $51.50 the previous week, Ux said in an e-mailed report today. That’s based on the most competitive offer tracked by the Roswell, Georgia-based company.