Uranium futures in the US were at $88 per pound, trading in a narrow range since pulling back from the two-year high of $101.5 in late January, tracking the drop for industrial commodities as the dollar rebounded and traders eased concerns of dollar debasements. Still, yellowcake contracts remained nearly 10% higher since the start of the year on the bullish view of demand. Recent developments in nuclear power investment have been headlined by operators of power-hungry data centers, driving multiple tech giants in the US to sign contracts for small modular reactors. The US cut regulations on the construction and permits for uranium converters and enrichers and announced deals for the construction of new power plants. These include a partnership with Cameco, which approved the development of Westinghouse reactors, and a fresh $2.7 billion in contracts to Centrus and two other reactors and enrichers to offset the shun of supply from Russia following sanctions on their nuclear fuel.

Uranium fell to 88.20 USD/Lbs on February 25, 2026, down 0.84% from the previous day. Over the past month, Uranium's price has fallen 1.18%, but it is still 34.66% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Uranium reached an all time high of 148 in May of 2007. Uranium - data, forecasts, historical chart - was last updated on February 26 of 2026.

Uranium fell to 88.20 USD/Lbs on February 25, 2026, down 0.84% from the previous day. Over the past month, Uranium's price has fallen 1.18%, but it is still 34.66% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Uranium is expected to trade at 90.03 USD/LBS by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 95.56 in 12 months time.



Price Day Month Year Date
Crude Oil 64.39 -1.026 -1.57% 3.21% -8.47% Feb/26
Brent 69.96 -0.886 -1.25% 3.54% -4.90% Feb/26
Natural gas 2.79 -0.0748 -2.61% -26.88% -29.00% Feb/26
Gasoline 1.98 -0.0091 -0.46% 6.32% -11.54% Feb/26
Heating Oil 2.63 -0.0436 -1.63% -0.60% 9.79% Feb/26
Ethanol 1.79 0.0550 3.17% 8.16% 1.70% Feb/25
Naphtha 570.36 8.78 1.56% 7.83% -12.78% Feb/25
Propane 0.66 0.02 3.48% 0.13% -28.83% Feb/25
Uranium 88.20 -0.7500 -0.84% -1.18% 34.66% Feb/25
Methanol 2,180.00 -36.00 -1.62% -3.11% -16.15% Feb/26


Uranium
Uranium is a highly dense metal which occurs in most rocks and is mostly used as a fuel in nuclear power plants. The standard contract unit is 250 pounds of U3O8 and is traded on New York Mercantile Exchange. Top uranium producers are Kazakhstan, Canada and Australia. The Uranium prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
88.20 88.95 148.00 7.10 1988 - 2026 USD/LBS Weekly

News Stream
Uranium Holds YTD Advance
Uranium futures in the US were at $88 per pound, trading in a narrow range since pulling back from the two-year high of $101.5 in late January, tracking the drop for industrial commodities as the dollar rebounded and traders eased concerns of dollar debasements. Still, yellowcake contracts remained nearly 10% higher since the start of the year on the bullish view of demand. Recent developments in nuclear power investment have been headlined by operators of power-hungry data centers, driving multiple tech giants in the US to sign contracts for small modular reactors. The US cut regulations on the construction and permits for uranium converters and enrichers and announced deals for the construction of new power plants. These include a partnership with Cameco, which approved the development of Westinghouse reactors, and a fresh $2.7 billion in contracts to Centrus and two other reactors and enrichers to offset the shun of supply from Russia following sanctions on their nuclear fuel.
2026-02-26
Uranium Declines from 2-Year High
Uranium futures in the US fell to $92 per pound from the near two-year high of $101.5 after a fresh increase in global supply momentarily outweighed the view of soaring growing demand expectations that carried prices in recent quarters. The Uzbek Atomic Energy Agency boosted its annual production of Uranium to 7,000 tonnes last year, well above market expectations, and increased reserves estimates. Still, yellowcake prices remain sharply higher on expectations that nuclear power capacity will continue to increase to match datacenter and electrification demand. The US government cut regulation on permits for uranium converters and announced deals for the construction of new plants. These include a partnership with Cameco, which approved the development of Westinghouse reactors, and a fresh $2.7 billion in contracts to Centrus and two other reactors and enrichers to offset the shun of supply from Russia following sanctions on their nuclear fuel.
2026-02-04
Uranium Rises to 20-Month High
Uranium futures in the US rose to $100 per pound in January, the highest since February 2024, on bets of high demand in the long term. The US cut regulations on the construction and permits for uranium converters and enrichers and announced deals for the construction of new power plants. These include a partnership with Cameco, which approved the development of Westinghouse reactors, and a fresh $2.7 billion in contracts to Centrus and two other reactors and enrichers to offset the shun of supply from Russia following sanctions on their nuclear fuel. In the meantime, US utilities secured contracts over enriched uranium from Western producers and drove European counterparts to maintain Russian supply chains, despite the EU's call for lower dependency on Russian energy. Bets of higher investment in the sector due to governments aiming to increase energy security and pledges of expenditure on power-hungry datacenters supported buying from physical uranium funds.
2026-01-27