RE:Will this boom begin in 2023?How can there be a structural deficit?And if there is one, is it real or imagined? The reason I am skeptical is because of the way the spot price is behaving. Various U pumpers suggest that there is very limited spot material available but the when SPUT is able to buy, there is always some available. There just seems to be enough available on the spot market to satisfy the demand for spot material. The spot price is lackluster and shows no signs of an imminent supply crunch. I think there are enough operators out there like Uzbekistan that keep U flowing to the spot market.
If the stock market looks out 6 months into the future, and the U supply shortage is real, then the spot price should be reacting. It has not and shows no real spark that things will change soon.