Survey of United States uranium marketing activity

Technical Report · Mon May 01 00:00:00 EDT 1978

DOI:https://doi.org/10.2172/6774398· OSTI ID:6774398

Uranium marketing activity was much lower in 1977 than during 1976, which was the largest procurement year to date. Results from the survey suggest that there is an adequate supply of uranium--at least through 1985--in light of apparent buyer concepts of demand. Unfilled requirements were reduced by additional procurement and slippages in requirements. U.S. buyers continue to concentrate almost exclusively on U.S. sources for procurement. Buyer and producer inventories changed only slightly during the year. The average price reported for 1977 deliveries was $19.75 per pound of U/sub 3/O/sub 8/, compared to the $17.20 estimate reported as of July 1, 1977. An average of $17.40 was reported for 1978. Settlements of market prices in 1977 averaged $41.50 and for 1978 averaged $43.95. Most market price contracts have a base price. These prices are much higher than average contract prics and are closer to market price settlements. Producers estimate they will be able to offer for sale substantial additional quantities of uranium, indicating that they expect to expand production considerably.

• Research Organization: Department of Energy, Washington, D.C. (USA). Div. of Uranium Resources and Enrichment
• Sponsoring Organization: USDOE
• OSTI ID: 6774398
• Report Number(s): DOE/RA-0006
• Country of Publication: United States
• Language: English

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ACTINIDES
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CONTRACTS
ELEMENTS
INVENTORIES
MARKET
METALS
NORTH AMERICA
PROCUREMENT
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URANIUM
USA