Uranium Price OutlookUranium prices increased over the past month amid news of lower production in the United States. On 11 May, uranium traded at USD 21.8 per pound, which was 3.6% higher than on the same day in April. The price was down, however, 8.4% on a year-to-date basis and was 3.3% lower than on the same day in 2017. The U.S. Energy Information Administration stated on 9 May that the country’s uranium production in the first quarter of 2018 fell 50% compared to the same period a year earlier, to a record quarterly low. This stoked interest in some U.S. mining companies’ petitions for higher U.S. tariffs on uranium imports. Meanwhile, the eighth Japanese nuclear reactor since the Fukushima nuclear meltdowns in 2011 is expected to come back online this month, representing another vote of confidence in nuclear energy generation.
Uranium Price History Data (USD per pound, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Uranium Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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