GREY:UEXCF - Post by User
Post by
easyryderon Dec 13, 2010 9:18am
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Post# 17837226
Uranium Spot volume record.
Uranium Spot volume record.Uranium Spot Market Trading Volume Hits Record on Asian Demand
Bloomberg reports uranium spot market hits record high with the Asian demand.
The market news is quoted as saying:
Some 41.6 million pounds of uranium-oxide concentrate was sold in the market for the week ending Dec. 10, breaking a previous 1990 record of 40.6 million pounds, Denver-based pricing service TradeTech LLC said in a Dec. 10 report. The spot price rose 25 cents to $60.50 and new demand has emerged from a non-U.S. utility, TradeTech said.