Commodities | Apr 21 2010
By Rudi Filapek-Vandyck
Industry consultant TradeTech reports its weekly spot price indicator for yellow cake, or U3O8, has risen by US25c in the week ending Friday. This implies the consultant's new benchmark is now US$41.25/lb.
TradeTech only registered two transactions involving approximately 300,000 pounds U3O8 equivalent during the week.
TradeTech has a mid-term price benchmark of US$50/lb (unchanged) and a longer term price benchmark of US$60/lb (unchanged).
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