Wednesday, January 20, 2010

Uranium Tumbles (price)

19/01/2010 1:15:02 PM

Industry consultant TradeTech's weekly spot price indicator for yellow cake has tumbled more than 1.5% during the week ending on Friday. TradeTech puts the blame on a "combination of offers from aggressive sellers and limited, largely discretionary, demand".

TradeTech's U3O8 spot price indicator now stands at US$43.75/lb, US75c (1.69%) lower than the week prior.

Read more:
http://money.ninemsn.com.au/article.aspx?id=1001431