The Market

摘要

As summer continues to roll on, spot uranium activity remains lackluster, as only two transactions have been reported so far this month. Demand levels for all delivery locations have been minimal since the end of July. While minimal purchases have been reported for ConverDyn delivery over the past week, previous demand levels witnessed for Cameco delivery have declined notably over the past couple of weeks. As a result, at least some of the multiple sellers that had been looking to place material for this location at the end of last month have become more competitive with their offers resulting in the previous week's price decline for Cameco delivery. These aggressive offers for Cameco delivery increased last week with at least one seller becoming slightly more interested in moving material in the face of nearly zero demand.