Prices dip on slow demand. [Uranium market overview - December 1992]
The Restricted Uranium Spot Market Price Range slipped to $9.90-$10.35, mostly due to lackluster demand. Only three transactions took place during the month. Two of the purchases, accounting for 98% of the month's volume, were by European utilities; the other was made by a US utility. One of the European purchases was made in the unrestricted market, but since it included a host of fuel cycle services, the U3O8 price could not be determined. Hence, NUKEM's Unrestricted Uranium Spot Market Price Range stays the same, at $7.90-$8.00. The other European deal, concluded in the restricted market, represents the low end of the restricted market price range. The US deal was based on bids that were made at the beginning of November and therefore does not reflect market conditions in December. Looking ahead, we see four utilities ready to enter the market for nearly 1 million lbs U3O8 equivalent.
- OSTI ID:
- 7110909
- Journal Information:
- NUKEM Market Report; (United States), Journal Name: NUKEM Market Report; (United States)
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
URANIUM OXIDES U3O8
PRICES
ECONOMICS
ELECTRIC UTILITIES
MARKET
SPOT MARKET
SUPPLY AND DEMAND
URANIUM HEXAFLUORIDE
ACTINIDE COMPOUNDS
CHALCOGENIDES
FLUORIDES
FLUORINE COMPOUNDS
HALIDES
HALOGEN COMPOUNDS
OXIDES
OXYGEN COMPOUNDS
PUBLIC UTILITIES
URANIUM COMPOUNDS
URANIUM FLUORIDES
URANIUM OXIDES
051000* - Nuclear Fuels- Economic
Industrial
& Business Aspects