Uranium Price OutlookThe price of uranium slipped in recent weeks and the commodity traded at USD 24.4 per pound on 13 March, which was 1.0% lower than on the same day a month earlier. Moreover, the price was down 2.4% on a year-to-date basis and was 12.2% lower than on the same day last year. The worsening of the coronavirus outbreak, particularly in countries with high energy demand such as the United States, has dampened demand for energy across the board, including uranium, weighing on prices. However, Kazatomprom, the world’s largest uranium producer, announced in March that its production target for 2020 will be largely unchanged from 2019, suggesting world supply will remain tight this year, buttressing prices.
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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