Short-term price formation in the U. S. uranium market

Journal Article · Mon Jul 01 04:00:00 EDT 1985 · Energy J.; (United States)

DOI:https://doi.org/10.5547/ISSN0195-6574-EJ-Vol6-No3-3· OSTI ID:5188747

Owen, A D

Since the establishment of a private market for uranium in the US in the late 1960s, the industry's fluctuating fortunes have been reflected in the short-term price as represented by NUEXCO's exchange value. The current excessive level of uranium inventories is the result of a slump in demand and the slow response in production to changing market conditions. Import quotas and favored-nation trading policies have spared many high-cost producers. As a result, uranium production outside the centralized economies has exceeded reactor requirements for the past decade. The expansion of uranium requirements expected for the 1980s should ensure that this surplus diminishes, but excessive inventory levels will continue to dampen prices for some years. 4 figures, 2 tables.

• Research Organization: Univ. of New South Wales, Kensington, Australia
• OSTI ID: 5188747
• Journal Information: Energy J.; (United States), Journal Name: Energy J.; (United States) Vol. 6:3; ISSN ENJOD
• Country of Publication: United States
• Language: English

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ACTINIDES
ELEMENTS
GLOBAL ASPECTS
GOVERNMENT POLICIES
INVENTORIES
MARKET
METALS
NUCLEAR TRADE
PRICES
STOCKPILES
SUPPLY AND DEMAND
TRADE
URANIUM