Uranium Prices

Uranium prices averaged USD 85.78 per pound in June, down 6.3% from May. On 28 June, the commodity traded at USD 85.65 per pound, down 3.5% from 31 May.

While prices fell for the third time in four months in June, they remained at one of the highest average levels since the pre-financial-crisis bubble in 2007. The fall may reflect a market correction: The spot price has eased so far this year, but the long-term contract price—which better reflects market fundamentals—has risen.