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Aug 21, 2015 - Spot uranium market activity remains slow, with a total of five transactions reported this week. Buyers included utilities and intermediaries, while producers and traders acted as sellers. While transaction volume languishes, there were signs that the summer slump is nearing an end. Fewer sellers are actively seeking to sell material and buyers showed a grudging willingness to pay slightly higher prices to secure material. The shift in buyer and seller views is tied primarily to the increase in mid- and long-term uranium demand in recent weeks. TradeTech’s Weekly U3O8 Spot Price Indicator is $36.50 per pound U3O8, an increase of $0.25 from last week’s Indicator and up $0.25 from the August 20 Daily U3O8 Spot Price Indicator. read more