25.08.2008, 11:33 2585

Prices for uranium increased at spot market last month

For the last month, according to consulting companies TradeTech Uranium Information and The Ux Consulting Company, prices of uranium oxide at the spot market (with immediate delivery) have increased.

Almaty. August 25. Kazakhstan Today - For the last month, according to consulting companies TradeTech Uranium Information and The Ux Consulting Company, prices of uranium oxide on the spot market (with immediate delivery) have increased.

However, as a whole, for the last year spot prices for uranium have decreased. The main reason of prices decrease was reduction of demand: too high price of uranium has forced consumers, who prefer to spend available stocks or to use sharing schemes and borrowing this raw material, to lower purchases on the spot market.

The number of transactions on the spot market and prices for uranium, according to the forecast, will increase up to the end of 2008.

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