U3O8 spot price edges higher amidst resistance to deals below $20/lb

摘要

The spot price of uranium moved slightly higher during the weekrnending June 23, as sellers were reluctant to conclude deals at belowrn$20 a pound, market sources said.rnThe spot price of uranium at midday June 23 was $20.15 a pound,rn10 cents lower than the price S&P Global Platts reported a week ago,rnaccording to market sources.rnHowever, the spot price has remained stable-to-slightly higher since June 6, when price reporting company TradeTech said it wasrn$19.65/lb. It reported the spot price at $20/lb June 19-20 and atrn$20.10/lb June 21-22.rnThe company June 16 reported a $19.95/lb weekly U3O8 spot price,rnup 5 cents from June 9.