Kazakh uranium producer Kazatomprom today reported a notable increase in its full-year profit and revenue for 2024, which was attr...
Nuclear Power Corp. of India Ltd. (NPCIL) has successfully synchronized a 700 MW unit at its Rajasthan Atomic Power Project (RAPP)...
France's Nuclear Policy Council--headed by President Emmanuel Macron--has agreed that a subsidized government loan should be issue...
Forecast Report - Conversion Market Study
The Conversion Market Study provides a price forecast based on supply and demand fundamentals, expected developments, and correlated spot and term market dynamics. With an eye on strategic agreements and recent improvements to key facilities, TradeTech takes a forward-looking view of the Conversion market’s prospects in an increasingly competitive environment.
Market Dynamics
The conversion industry remains in a state of tight supply and utilities have been actively locking in additional conversion commitments in an effort to secure other supply options in response to Russia's aggression against Ukraine.
Market Review
TradeTech continues to re-evaluate its Long-Term Forecasts, with this report extending the supply and demand analysis through 2040. In doing so, TradeTech examines the sources of future demand, which converters are best positioned to meet future needs, and how increased demand will be satisfied. This evaluation corresponds with a robust price forecast and outlook for the nuclear industry.
Conversion Market Segmentation
The Conversion Market is segmented into two markets—Western and Non-Western Demand—with the later typically satisfied through Russian Supply. TradeTech analyzes the segmented markets and any reliance either market has on the other to meet demand.
For a quote of the Conversion Market Study, please complete the inquiry form here. We will respond to you as soon as possible.
