The uranium spot prices averaged at about US$37/lb year-over-year (y-o-y) in the first 9 months of 2015 — a 15 percent increase from the 2014 average of about US$32/lb.
On a positive note, the uranium price remains steady, if not spectacular, unlike other commodities that have experienced significant recent price declines. The uranium price is underpinned by strong long-term fundamentals given significant new build in China and Japanese restarts in Fukushima.
The latest Commodity Insights Bulletin provides insights into price outlook, supply and demand, major deals and projects as well as key developments in the market of Uranium.
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