Uranium market goes quiet as Christmas and New Year approach
The spot uranium market entered the holidays as only four transactions were concluded and TradeTech’s weekly indicator fell by US$0.25 to US$52.25/t on 16 December. While some new buyers emerged, they were mainly bargain hunting and with sellers largely unwilling to offer lower prices, trading slowed considerably, reported the uranium research firm.
The trend was largely confirmed by The Ux Consulting Company which saw its WoW uranium spot price fall by US$0.50 to US$52.00/t on 19 December.
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