TradeTech's Weekly Uranium Spot Price Indicator shows U3O8 holding in a narrow band from March through late September 2026. The chart plots U.S. dollars per pound and runs from about 85 dollars in early March to roughly 90 dollars at the end of September.

The line dips to about 83 dollars in late March, recovers to the mid-80s by April, and stays near 86 dollars through the early summer. It slips slightly in July, then climbs through August and reaches about 90 dollars in September, where it has flattened. The chart's vertical axis spans 50 to 125 dollars, which makes the six-month movement appear small relative to the scale.

TradeTech describes the indicator as its judgment of the price at which spot transactions for significant quantities of natural uranium concentrates could be concluded as of the end of each Friday. The firm has published it in its weekly Nuclear Market Review since March 8, 1996. The indicator draws on completed transactions, pending transactions and firm bids and offers.

The spot price sits below long-term contract pricing. Anfield Energy cited a long-term contract price of 96.50 dollars per pound for August 2026, with spot near 90 dollars per pound, in a September release about its JD-8 mine in Colorado.

Several U.S. producers are expanding output at these levels. Uranium Energy Corp reported a 157 percent jump in fiscal fourth-quarter production in results released September 29, according to market coverage of the report. Anfield is working to restart JD-8 in Colorado by mid-2027.

The weekly indicator is one of several price series TradeTech publishes, alongside long-term and mid-term indicators, conversion and enrichment values.

Source: TradeTech - https://www.uranium.info/