Prices dip, activity increases in unrestricted uranium market. [Uranium market overview]
April's activity in the restricted uranium market fluctuated in the same range as that observed in March. At the same time, NUKEM detects a weakening of prices in the unrestricted market to $7.45-$7.65. Unrestricted buyers seem to have detected lower prices as well; much of the new demand noted this month emerged in the unrestricted segment of the market. With this issue, NUKEM inaugurates a new market statistic. To better follow developments in the conversion market, we will report a spot price range for conversion services. This price measure will be derived in a manner analogous to NUKEM's other spot market price ranges. We will continue to publish the current NUKEM price range for new contracts for a few months. If you wish to retain the old conversion contract price range in future editions, please contact our US office. Four deals for near term delivery occurred in the uranium market in April, resulting in spot market transaction volume of 2.5 million lbs U3O8 equivalent. In the first week, a US non-utility purchased a small quantity of enriched uranium product from an intermediary in a spot transaction representing about 75,000 lbs U3O8. The second week saw the stealthy purchase of Portland General Electric's inventory of natural and enriched uranium. The buyer of PGE's 1.1 million lbs U3O8 equivalent has achieved an unusual degree of anonymity. Also during the second week, a US utility bought a small quantity of enriched uranium containing less than 25,000 lbs natural U3O8 equivalent.
- OSTI ID:
- 6946823
- Journal Information:
- NUKEM Market Report; (United States), Journal Name: NUKEM Market Report; (United States); ISSN NMREEO
- Country of Publication:
- United States
- Language:
- English
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Prices dip along with volume. [Uranium market overview - July 1993]
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Related Subjects
Industrial
& Business Aspects
11 NUCLEAR FUEL CYCLE AND FUEL MATERIALS
ACTINIDE COMPOUNDS
CHALCOGENIDES
ECONOMICS
ELECTRIC UTILITIES
FLUORIDES
FLUORINE COMPOUNDS
HALIDES
HALOGEN COMPOUNDS
MARKET
OXIDES
OXYGEN COMPOUNDS
PRICES
PUBLIC UTILITIES
SPOT MARKET
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URANIUM COMPOUNDS
URANIUM FLUORIDES
URANIUM HEXAFLUORIDE
URANIUM OXIDES
URANIUM OXIDES U3O8