How are uranium prices determined?

This is one of the questions UxC is often asked. We have developed a brief overview to discuss this question. In addition to the Ux Prices, below is some general information concerning other sources of price information in the nuclear industry.

NYMEX Partners with Ux Consulting to Offer Uranium Futures Contracts

On April 13, 2007, UxC and NYMEX issued a joint press release announcing the introduction of on and off-exchange traded uranium futures products on the CME Globex® and NYMEX ClearPort® electronic platforms on May 6 for the May 7, 2007 trade date.

View the current CME/NYMEX UX futures contract expanded current session table.

Additional information on the NYMEX UX contract is available on this site.

Over the past several years, uranium has moved closer to commodities-style trading. A number of new participants have entered the market providing a wide variety of services. Included in this group are commodities brokers such as Armajaro Securities, Evolution Markets and ICAP Energy. Previous brokers included MF Global, and Tullett Prebon.

Additional information on the UxC Broker Average Price (BAP) is available on this site.

Armajaro Securities Limited
Armajaro

Evolution Markets
Evolution Markets - Nuclear Fuel Markets

ICAP Energy
ICAP - Nuclear Fuel Markets

Other related sources of price and indexes will also be provided as they become available. See below for additional information related to the nuclear industry.

WNA Nuclear Energy Index
Check the current index values.