URA - Why Uranium Markets Are Gaining Interest
By Owain Johnson
At A Glance
Uranium futures prices have risen as supply has declined due to COVID-19 concerns.
Demand for uranium remains strong due to its use as a power-generation fuel.
Uranium futures is one of the few contracts that has experienced price gains in recent weeks, as the economic impact of COVID-19 continues to weigh heavily on prices for most commodities.
Front-month uranium futures settlement prices have traded up to $32.50/pound in late April compared with around $24/pound in early March, when most of the world's advanced economies began shutting down.
In contrast