\n\tBy Greg Peel<\/p>\n
\n\tBuyers may have been eager to pile in back in March when spot uranium fell below US$50\/lb in the initial Fukushima plunge, but having drifted to under that level once more on general nuclear energy uncertainty, there was no sign of such interest emerging last week.<\/p>\n
\n\tVolumes picked up from the previous week's levels, industry consultant TradeTech<\/span> notes, with a total of one million pounds of U3O8<\/span> equivalent changing hands in five transactions. However each deal saw successively lower pricing as the sellers pushed to find buying interest, TradeTech<\/span> notes.<\/p>\n \n\tThe result is a US$1.05 fall in the consultant's weekly spot price indicator to US$48.85\/lb. Some buying interest did nevertheless emerge late in the week for settlement this week for 250,000lbs<\/span>.<\/p>\n \n\tThere were no new deals in the term markets and no change to prices.<\/p>\n","protected":false},"excerpt":{"rendered":" No sign of a cavalry under US$50\/lb as spot uranium continues to slide.<\/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\/58759"}],"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=58759"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58759\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=58759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=58759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=58759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}