Prices dip along with volume. [Uranium market overview - July 1993]

Journal Article · Sun Aug 01 00:00:00 EDT 1993 · NUKEM Market Report; (United States)

OSTI ID:7221464

The summer doldrums took hold in July, with only eight deals taking place, four on the spot concentrates market, two in conversion and two in enrichment. Spot concentrates volume dropped by 23% to nearly 1.2 million lbs U308 equivalent, resulting in slight declines in NUKEM's restricted and unrestricted price ranges. There were four deals on the spot market in July, totaling nearly 1.2 million lbs U3O8 equivalent. One of the buyers, a US utility, bought low-enriched uranium containing up to 440,000 lbs equivalent. Two of the buyers, a European and a US utility, purchased nearly 580,000 lbs of concentrates, with most going to the European utility. And another US utility bought UF6 containing 149,000 lbs equivalent. As for new demand, four buyers - including the European and US utilities that bought concentrates, as well as an East European utility and a non-US producer - entered the market during the month seeking 1.4 million lbs equivalent. The latter two buyers, along with another European utility and another US utility, are now weighing offers for more than 2.2 million lbs U3O8 equivalent. Looking ahead, we anticipate that as many as 17 buyers may enter the market for nearly 5 million lbs equivalent.

• OSTI ID: 7221464
• 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