Uranium nuclear power plant

Uranium Price Outlook

Uranium prices weakened in recent weeks due to upbeat supply-side news. Uranium traded at USD 28.1 per pound on 8 March, which was 2.8% lower than on the same day last month and was down 1.4% on a year-to-date basis. Nevertheless, the price was 26.3% higher than on the same day in 2018 due to the late-year rally, which came on the back of significant supply-cut announcements. Australian company Boss Resources announced on 25 February that its Honeymoon mine in South Australia contained 30% more uranium resources than initially estimated, triggering a decrease in uranium prices on the same day. In addition, Fitch Solutions reported on 27 February that uranium production should rise by 50% in Namibia this year, which would be more than double last year’s growth.

Uranium Price History Data (USD per pound, aop)

2013  2014  2015  2016  2017  2018  
Uranium38.66  33.44  36.81  26.45  22.06  24.55  

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Price forecasts and historical data for Energy, Metals and Agricultural Commodities.

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Uranium Historical Price Chart


Uranium historical price chart
Note: Uranium U308, prices in USD per pound (lb). Daily prices.

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Price forecasts and historical data for Energy, Metals and Agricultural Commodities

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