April market review. [Spot market prices for uranium (1993)]

Journal Article · Sat May 01 00:00:00 EDT 1993 · NUEXCO. Monthly Report to the Nuclear Industry; (United States)

OSTI ID:7193424

The spot market price for uranium outside the USA weakened further during April, and at month end, the NUEXCO Exchange Value had fallen $0.35, to $7.10 per pound U3O8. This is the lowest Exchange Value observed in nearly twenty years, comparable to Values recorded during the low price levels of the early 1970s. The Restricted American Market Penalty (RAMP) for concentrates increased $0.40, to $2.95 per pound U3O8. Transactions for significant quantities of uranium concentrates that are both deliverable in and intended for consumption in the USA could have been concluded on April 30 at $10.05 per pound U3O8, up $0.05 from the sum of corresponding March Values. Four near-term concentrates transactions were reported, totalling nearly 1.5 million pounds equivalent U3O8. One long-term sale was reported. The UF6 Value also declined, as increased competition among sellers led to a $0.50 decrease, to $24.50 per kgU as UF6. However, the RAMP for UF6 increased $0.65, to $5.90 per kgU as UF6, reflecting an effective US market level of $30.40 per kgU. Two near term transactions were reported totalling approximately 1.1 million pounds equivalent U3O8. In total, eight uranium transactions totalling 28 million pounds equivalent U3O8 were reported, which is about average for April market activity.

• OSTI ID: 7193424
• Journal Information: NUEXCO. Monthly Report to the Nuclear Industry; (United States), Vol. 297; ISSN 0742-4582
• Country of Publication: United States
• Language: English

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11 NUCLEAR FUEL CYCLE AND FUEL MATERIALS
URANIUM OXIDES U3O8
PRICES
DATA COMPILATION
ECONOMICS
NUCLEAR FUEL CONVERSION
SPOT MARKET
SUPPLY AND DEMAND
URANIUM HEXAFLUORIDE
ACTINIDE COMPOUNDS
CHALCOGENIDES
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FLUORIDES
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