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.
CME/NYMEX Partners with UxC to Offer Uranium Futures Contracts
On April 13, 2007, UxC and CME/NYMEX issued a joint press release
announcing the introduction of on and off-exchange traded uranium futures products on the CME Globex®
and CME ClearPort® electronic platforms on May 6 for the May 7, 2007 trade date.
Additional information on the CME/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 the UxC Participating Brokers: Evolution Markets and Numerco Limited.
Additional information on the UxC Broker Average Price (BAP) is available on this site.
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.
Uranium Participation Corporation is a company that invests substantially
all of its assets in uranium oxide in concentrates ("U3O8") and uranium hexafluoride ("UF6"), with the primary investment objective of achieving appreciation
in the value of its uranium holdings through increases in the uranium price. The shares are listed on the Toronto Stock Exchange under the symbol "U".
Yellow Cake plc is a specialist company operating in the uranium sector,
founded and established by Bacchus Capital Advisers (“Bacchus Capital”) to purchase and hold uranium oxide (“U3O8”), with the objectives of:
1) offering shareholders exposure to the uranium price; and
2) exploiting a range of expected opportunities connected with owning physical U3O8 and uranium based financial initiatives such as commodity streaming and royalties.
The shares are listed on the London Stock Exchange under the symbol "YCA".
S-Network Nuclear Energy IndexSM
Check the current index values.
(Formerly WNA Nuclear Energy IndexSM)