Uranium nuclear power plant

Uranium Price Outlook

Uranium prices continued their ongoing rally in recent weeks amid production cutbacks. On 2 November, uranium traded at USD 27.9 per pound, which was 1.8% higher than on the same day last month. Furthermore, the price was up 17.5% on a year-to-date basis and was 39.8% higher than on the same day in 2017. Prices were first supported by reports in mid-October that a project to open a uranium mine in Spain was rejected by the government. Then, on 23 October, Kazatomprom—the world’s largest producer—cut its production forecast for 2018 by nearly 20.0%, and announced further output cuts of around 20.0% a year in 2019 and 2020, further helping prices.

Uranium Price History Data (USD per pound, aop)

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

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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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