Published on Thursday June 07 2012 (AEST)
June 4, 2012 - Two transactions are reported this week in the spot uranium market. Traders and financial entities acted as buyers and sellers in these transactions. While mid- and long-term demand has been robust, spot uranium demand remains extremely thin with few sales opportunities for sellers seeking to conclude spot transactions.
Several utilities have reached decisions in their mid-term evaluations and there is an expectation that market activity may increase as market participants awaiting feedback on outstanding tenders re-enter the market on either the buy or sell side as a result of these awards.
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