Uranium market sees thin activity and lower price, Industrial Fuels and Power, August 17th, 2011 The uranium spot price delivered no surprises this week as it slipped further by US$1.00 to US$50.50/lb. Three days earlier, TradeTech had noted a US$1.25 WoW fall to US$50.25/lb, attributing the drop to thin demand and supply “with a few sellers competing for even fewer sales opportunities.”
Buyers – this week utilities, traders and financial entities – are largely uninterested and reluctant to commit purchases. …http://www.ifandp.com/article/0013083.html
