TradeTech’s Weekly Uranium Spot Price Indicator is currently at its highest level since the Fukushima accident in Japan on March 11, 2011. After reaching a low of $17.75 per pound U3O8 in December 2016, the spot price has been on an upward trend. Over the past two months, the price indicator has risen 17 percent, and since the beginning of the year, it has increased by 34 percent. Since September 2022, the spot price has climbed by 38 percent. According to TradeTech data, the average weekly spot price in 2023 is $54.09 per pound U3O8, which is 8.9 percent higher than the average in 2022.
TradeTech’s weekly “Nuclear Market Review” provides ongoing uranium market analysis and updates on the company’s Weekly Uranium Spot Price Indicator.
About TradeTech
TradeTech introduced its Daily Uranium Spot Price Indicator in March 2011, which is made available to subscribers worldwide. The company publishes its “Nuclear Market Review” (NMR) every Friday, featuring the Weekly Uranium Spot Price Indicator, uranium trading activity, industry news, and market data. The monthly edition of the NMR, released on the last day of each month, includes TradeTech Market Values (Exchange Value, UF6 Value, Loan Rate, Conversion Value, SWU Value, and Transaction Value), as well as Mid- and Long-Term Uranium Price Indicators and Production Cost Indicator. It also provides analysis related to price determinations, supply/demand information, industry news, and financial news. Additionally, TradeTech publishes “The Nuclear Review,” a monthly E-magazine dedicated to the international uranium and nuclear energy industry, and a quarterly “Uranium Market Study,” which includes near- and long-term forecasts. For information on TradeTech products, services, and educational resources about the uranium and nuclear fuel industries, please visit: https://www.uranium.info.
TradeTech—and its predecessor companies—have been supporting the uranium and nuclear fuel cycle industry for over 50 years. The company is highly regarded for its expertise in trading activities and comprehensive knowledge of the technical, economic, and political factors that impact the industry. TradeTech provides expert market consulting, maintains relationships with international nuclear fuel buyers and sellers, and maintains an extensive information database on these industries.
Media Contact
Treva Klingbiel, TradeTech, 1 303-573-3530, [email protected], www.uranium.info
Gail Fox, TradeTech, 1 303-573-3530, [email protected], www.uranium.info
SOURCE TradeTech
