##{"id":59080,"date":"2011-11-01T11:04:33","date_gmt":"2011-11-01T00:04:33","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/11\/01\/uranium-goes-nowhere-in-a-hurry\/"},"modified":"2011-11-01T11:04:33","modified_gmt":"2011-11-01T00:04:33","slug":"uranium-goes-nowhere-in-a-hurry","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/11\/01\/uranium-goes-nowhere-in-a-hurry\/","title":{"rendered":"Uranium Goes Nowhere In A Hurry"},"content":{"rendered":"

\n\tBy Greg Peel<\/p>\n

\n\tEarly last week uranium market participants gather in Arizona for a Uranium Fuel Seminar and such conferences have a tendency to remove players from the market. Industry consultant TradeTech<\/span> implies this was the case when a seller entered the spot market early in the week and found no one much home, sending the spot price down US75c<\/span> to US$51.25\/lb.<\/p>\n

\n\tThe conference was over by later in the week and while both sides of the price spread remain thin, the spot price recovered to be unchanged at US$52.00\/lb where TradeTech<\/span> has again settled its indicative price. Seven transactions totalling<\/span> 900,000lbs<\/span> made for a slightly higher volume week than recent times with the usual suspects on either side of the deals.<\/p>\n

\n\tIt would appear for the moment spot uranium is going nowhere much either side of its US$50\/lb support level until more significant interest can return to the market.<\/p>\n

\n\tTerm prices remain unchanged at $55\/lb (medium) and $63\/lb (long).<\/p>\n

\n\t <\/p>\n

\n\tFind out why FNArena<\/span> subscribers like the service so much: "Your Feedback (Thank You)<\/a>" – Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Activity was brisk but the spot market thin as ups and downs in the week saw the uranium price unchanged.<\/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\/59080"}],"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=59080"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/59080\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=59080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=59080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=59080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}