Uranium market enters slow summer period as enrichment market heats up. [Uranium market overview - May 1993]

Journal Article · Tue Jun 01 04:00:00 EDT 1993 · NUKEM Market Report; (United States)

OSTI ID:7110913

Prices slipped in the restricted and unrestricted uranium markets. Prices in the restricted market remained above the $10-benchmark, with uranium trading in the relatively narrow range of $10.05 to $10.20 per lb U3O8. Meanwhile, NUKEM detected a lowering and widening of the range in the unrestricted market; $7.10 to $7.45 per lb U3O8 was the order of the day there. The other notable feature of recent price movements has been the aggressive competition in the US spot conversion market. Many analysts have noted favorable prices for UF6 relative to components in recent market activity. Summer doldrums appear to be setting in. May and a correspondingly small number of offers are outstanding as of the end of the month. Last month NUKEM inaugurated a spot conversion price range and asked for readers' views. Those expressing an opinion were unanimous; NUKEM will publish both its longstanding estimate of new contract prices as well as the spot range. Some noted the somewhat wide range of last month's spot conversion prices. In explanation, we note that this figure encompasses activity over the full month and in the US as well as the non-US markets. Thus, it resembles the spot SWU range.

• OSTI ID: 7110913
• Journal Information: NUKEM Market Report; (United States), Journal Name: NUKEM Market Report; (United States); ISSN NMREEO
• Country of Publication: United States
• Language: English

Related Subjects

051000* -- Nuclear Fuels-- Economic
Industrial
& Business Aspects
11 NUCLEAR FUEL CYCLE AND FUEL MATERIALS
ACTINIDE COMPOUNDS
CHALCOGENIDES
DATA
DATA COMPILATION
ECONOMICS
FLUORIDES
FLUORINE COMPOUNDS
HALIDES
HALOGEN COMPOUNDS
INFORMATION
MARKET
NUCLEAR FUEL CONVERSION
OXIDES
OXYGEN COMPOUNDS
PRICES
SPOT MARKET
SUPPLY AND DEMAND
URANIUM COMPOUNDS
URANIUM FLUORIDES
URANIUM HEXAFLUORIDE
URANIUM OXIDES
URANIUM OXIDES U3O8