New month sees mild rise in uranium spot price
On 2 December, TradeTech reported the weekly spot price for uranium oxide down US$0.50 to US$51.75/lb with eight transactions for the week. Market participants included utilities, traders, financial entities and producers. The middle of the week saw the spot price slip as the month came to a close and sellers sought to place material by month end.
However, on 5 December, The Ux Consulting Co noted a US$0.50 swing in the opposite direction to US$52.25/lb.
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