GREY:ESOFD - Post by User
Post by
infocountson Jul 09, 2013 9:00am
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Post# 21595792
Spot price - no fireworks
Spot price - no fireworks"There were a few signs of life in the term market last week. TradeTech reports that one producer said it had booked a multi-year deal for the supply of 200,000-300,000 pounds of U3O8 per year from 2017. A number of US and non-US utilities are also expected to enter the long-term uranium any day now. Despite the signs of life, there was no change to TradeTech’s Mid-Term U3O8 Price Indicator, which was flat at $43.00/lb. The Long-Term Price Indicator stayed put at US$57.00."
FNArena report:
https://www.fnarena.com/index2.cfm?type=dsp_newsitem&n=8401A36C-06CD-02A0-484870FD68B5664B