Uranium Spot Price Stability Sign of a Turnaround? Market Commentary - Thursday, April 04, 2013
Title: Uranium Spot Price Stability Sign of a Turnaround?
Publisher: U3O8.biz
Author: Melissa Pistilli
The uranium spot price remains stable, trading at $42.25 per pound U3O8 for the third consecutive week, according to industry consulting firm TradeTech. "Current demand is highly discretionary with several buyers watching activity closely and evaluating possible entry into the market," reported the firm. "Although buying interest has been light, sellers are not aggressively pursuing sales and have shown little willingness to drop prices in order to attract buyers."
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Message sent on Thu Apr 4, 2013 at 9:22:45 PM Pacific Time