Uranium prices slipped this week with limited activity as a num- ber of market players took leave for summer holidays, reminding the large infux of uranium investors of the relative illiquidity of the nuclear fuel trade, especially compared to other commodities that have frequent daily price movements. Nuclear fuel prices for July, meanwhile, hardly budged from June. Since early June uranium prices have hovered between $32.20 per pound and $32.50/lb., with the average price assessment delivered by Energy Intelligence’s Uranium Price Panel down 15c on the week to $32.25/lb. U3O8 on Thursday, Aug. 5. In the conversion market, with few and atypical transactions completed, the price held fat at $19.50-$21.50/kgU.
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