Activity Remains Brisk
Weekly Reports | 10:00 AM
Solid volumes continue to be traded in the uranium spot market while term market interest continues to show signs of life.
-Traders pushing up spot prices
-Utilities returning to term markets
-BHP shuts down Olympic Dam uranium production
By Greg Peel
Activity in the uranium spot market was once again brisk last week, with industry consultant TradeTech reporting 1.4mlbs U3O8 equivalent changing hands over the week. Traders dominated the buy-side although utilities were also involved. Once again there was a disparity in pricing dependent on delivery location, with most transactions last week requiring Canadian delivery.
TradeTech’s weekly spot price indicator has risen US50c to US$26.50/lb.
Quality post about secondary supply, page-2
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Last
5.7¢ |
Change
0.002(3.64%) |
Mkt cap ! $274.0M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.9¢ | 5.5¢ | $1.879M | 33.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 230880 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 277792 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PEN (ASX) Chart |
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