zum Spotmarkt:
TradeTech letzte Woche:
" A mismatch between buyers and sellers
Industry consultants TradeTech recorded twenty-eight U3O8 spot transactions in November, totaling 3.2mlbs. Year-to-date spot U3O8 sales have reached 251 transactions, for a combined volume of 24.9mlbs.
The consultants observed “volatility” as a key characteristic of November, driven by the imbalance between sellers aiming for December delivery sales and a lack of support from buyers. Buyers were noted as having largely met their immediate requirements with “little unspent budget remaining for discretionary purchases before year-end.” "
TradeTech diese Woche:
"A quiet week with no transactions
As reported by industry consultants TradeTech, prior to the above the spot uranium market showed signs of buyers moving to the sidelines in the wind-up to 2024.
The U3O8 spot price slipped -US$0.50/lb to US$76.75/lb on Friday from a week earlier and down -US$1/lb from the day prior. TradeTech highlights several sellers are eager to shift stock before the end of the year.
In contrast, the spot buyers are hesitant to partake, particularly if payment is due by year-end. Sellers responded with lower offer prices at US$76.75/lb at the end of the week, but no sales were transacted on market.
Despite a lack of transactions in the spot market, TradeTech details the potential flow-on effects from a non-US utility seeking enriched uranium product for delivery in December or January. Offers were due December 6.
While not directly impacting the spot market, the utility seeking enriched product has a flow-on effect, as the enriched product will need to be replaced using spot U3O8 as feedstock."
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