Uranium futures were steady at around $49 per pound in August, firming under the $49.5 mark from earlier in the month as reliability problems around the nuclear power industry dented demand for its fuel. Prolonged corrosion issues and lack of appropriate cooling due to drying rivers made it necessary for France to close nearly half of its 56 reactors. The disconnections exacerbated Europe’s energy crisis, as plant shutdowns jeopardized nuclear energy that was responsible for nearly 70% of the France’s electricity last year and drove the country to be a net importer of energy after leading EU’s energy exports in the past. Confidence in the sector was compounded as Ukraine had to disconnect its Zaporzhzhia power plant, the largest in Europe, after Russian forces shelled its grid nearby. On the other hand, the sector is set to receive a large amount of investments in the US after the “Inflation Reduction Act” will set $369 billion into reducing carbon emissions.

Historically, Uranium reached an all time high of 148 in May of 2007. Uranium - data, forecasts, historical chart - was last updated on August of 2022.

Uranium is expected to trade at 50.18 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 54.90 in 12 months time.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website

Price Day Month Year
Crude Oil 90.49 -0.011 -0.01% -9.40% 45.62%
Brent 96.47 -0.123 -0.13% -5.77% 48.00%
Natural gas 9.32 0.1289 1.40% 17.95% 141.93%
Gasoline 3.00 -0.0252 -0.83% -4.30% 48.30%
Heating Oil 3.70 0.0547 1.50% 4.16% 94.13%
Ethanol 2.52 0.0100 0.40% -0.79% 12.12%
Naphtha 666.82 10.23 1.56% -13.94% 5.01%
Propane 1.09 0.02 1.44% -5.30% -2.26%
Uranium 49.00 0.3000 0.62% 4.93% 50.77%
Methanol 2,437.00 6.00 0.25% 1.08% -8.31%

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
49.00 48.70 148.00 7.10 1988 - 2022 USD/LBS Daily