\n\tBy Rudi Filapek-Vandyck<\/p>\n
\n\tDespite widespread scepticism about the sustainability of last month's increase in overall spot market activity, the spot price of U3O8 has added another US75c to US$46\/lb at industry consultant TradeTech.<\/p>\n
\n\tAmidst a seemingly buoyant environment, TradeTech reports new entrants, increased demand and relatively busy buyers accepting gradually higher purchase prices as the week ending on Friday progressed.<\/p>\n
\n\tA total in excess of 1 million pounds in U3O8 equivalent changed hands through seven concluded deals, reports the consultant. With two US utilities entering the market for a combined 500,000 pounds in U3O8 equivalent, it would seem the level of overall market activity is not about to evaporate anytime soon.<\/p>\n
\n\tTradeTech's weekly spot price indicator has now caught up with peer Ux Consulting's which raised its own weekly spot price indicator to US$46\/lb two weeks ago already, but then left it unchanged last week.<\/p>\n
\n\tTradeTech has left its mid-term price indicator unchanged at US$50\/lb while its long-term indicator has remained steady at US$60\/lb.<\/p>\n","protected":false},"excerpt":{"rendered":"
Overall market activity is heating up for spot uranium, or so it seems. This has an impact on pricing too.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[25],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/57031"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=57031"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/57031\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=57031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=57031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=57031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}