##{"id":58516,"date":"2011-07-26T12:27:22","date_gmt":"2011-07-26T02:27:22","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/07\/26\/uranium-remains-under-pressure\/"},"modified":"2011-07-26T12:27:22","modified_gmt":"2011-07-26T02:27:22","slug":"uranium-remains-under-pressure","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/07\/26\/uranium-remains-under-pressure\/","title":{"rendered":"Uranium Remains Under Pressure"},"content":{"rendered":"<p>\n\tBy Greg Peel<\/p>\n<p>\n\tIndustry consultant <span>TradeTech<\/span> noted the week before last that buying in the spot uranium market had become &ldquo;highly discretionary&rdquo; and that participants were expecting flat to weaker prices in the near term. That scenario played out last week as a new order to sell 500,<span>000lbs<\/span> of <span>U3O8<\/span> equivalent through to October caused existing sellers to tick down prices to encourage buying.<\/p>\n<p>\n\tProducers were the sellers last week and utilities were the buyers, with traders also in on both sides, <span>TradeTech<\/span> reports. By week&#039;s end five transactions had been completed at reducing prices, <span>totalling<\/span> 750,<span>000lbs<\/span> of <span>U3O8<\/span> equivalent.<\/p>\n<p>\n\t<span>TradeTech&#039;s<\/span> weekly price indicator has fallen US$1.50 to US$51.75\/lb. There were no deals in the term market where indicative prices remain US$58\/lb (medium) and US$68\/lb (long).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A big enough sell order hit the spot uranium market last week to see prices dropped to ensure completed trades.<\/p>\n","protected":false},"author":8,"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\/58516"}],"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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=58516"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58516\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=58516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=58516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=58516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}