Japan's Economy, Trade, and Industry Ministry plans to foster start-ups in the field of nuclear power, providing funds and human r...
First concrete has been poured for the "common raft" of the UK's Hinkley Point C Nuclear Power Plant, on which the reactor buildin...
Russia Industry and Trade Minister Denis Manturov hopes that Russian state nuclear corporation Rosatom will be invited to particip...
The US Nuclear Regulatory Commission (NRC) has accepted for review an application from Virginia Electric and Power Co. (Dominion E...
Fresh doubts have been raised over prospects for the UK’s new nuclear power program after a report that Hitachi is considering a...
India's Kaiga Atomic Power Station has set a new world record as Unit 1 at the faculty completed uninterrupted operation for more ...
Uranium Prices - Daily U3O8 Spot Price Indicator
TradeTech began publishing a Daily U3O8 Spot Price Indicator on March 1, 2011, which reflects data from completed and pending transactions in the uranium spot market.
The uranium spot market has witnessed more vigorous trading activity over the past two years, with a wider range of buyers and sellers, which has led to greater price volatility. In fact, the increase in the spot price in 2010, which climbed above US$60 per pound of uranium oxide (U3O8) for the first time in over two years, was also supported by record spot market activity. Total spot uranium sales volume in 2010 reached 42.8 million pounds U3O8 -- the highest level since 1990.
In addition, a global nuclear power renaissance has been gaining momentum over the past several years and has led to increased uranium spot market activity on an international level. Many nations, particularly in Asia, are engaged in nuclear power expansion programs with upgrades at existing nuclear plants and plans to build new reactors, while others are preparing to launch new nuclear power programs. China’s ambitious nuclear power expansion plan has attracted renewed interest from the financial and investor sectors and helped propel spot price movement in 2010.
Similar to TradeTech’s Weekly U3O8 Spot Price Indicator and monthly NUEXCO Exchange Value®, the Daily U3O8 Spot Price Indicator reflects the company’s judgment of the price at which spot and near-term transactions for significant quantities of natural uranium concentrates could be concluded as of the close of business each day.
Prices are available to clients only. Clients need to login to retrieve a complete list of prices.
