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Commodities
Spot U3O8 Rising, And Rising
FNArena News - October 15 2009

By Rudi Filapek-Vandyck

Following on from yesterday's story that industry consultant TradeTech had increased its weekly spot price indicator for uranium (U3O8), we can report that fellow-consultant to the uranium sector Ux Consulting also added US$2.50 to its weekly spot price benchmark this week.

This now takes the UxC spot price to US$46/lb.

As reported earlier, TradeTech's spot price is now at US$45.50/lb.

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