Prices sink below $10. [Uranium market overview - January 1993]
The new year is off to a slow start, with very few deals in any segment of the uranium market. NUKEM detects a slight erosion in spot market prices for both the restricted and the unrestricted markets. In the restricted spot market, the price range is now under the ten-dollar market at $9.80 to $9.90. Prices slipped in the unrestricted market as well to $7.75 to $7.90. The enrichment market remained within December's price range. There is a noteworthy trend in recent market activity. Some US utilities are reaping the fruits of their prescient strategy of diversification in their enrichment and conversion supply contracts. US utilities with European enrichment and conversion contracts are taking advantages of the flexibility to acquire CIS material in accordance with the recently-negotiated suspension agreement.
- OSTI ID:
- 6992735
- Journal Information:
- NUKEM Market Report; (United States), Journal Name: NUKEM Market Report; (United States); ISSN NMREEO
- Country of Publication:
- United States
- Language:
- English
Similar Records
Prices dip, activity increases in unrestricted uranium market. [Uranium market overview]
Uranium market enters slow summer period as enrichment market heats up. [Uranium market overview - May 1993]
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