Fall in uranium prices points to slow restart in Japan | ForexLive: "Fall in uranium prices points to slow nuclear restart in Japan
April 29th, 2014 16:43:35 GMT by Adam Button | 0 comments
Uranium prices fell to long-term lows today with the front-month futures contract at the lowest since at least 2007.
The FX market underestimates the importance of the planned restart of nuclear energy stations in Japan for the yen. The country is currently importing massive quantities of coal and fuel to power the national grid. Prices have risen more than 20% and will continue to rise until the government deems its reactors fit for service."
'via Blog this'
April 29th, 2014 16:43:35 GMT by Adam Button | 0 comments
Uranium prices fell to long-term lows today with the front-month futures contract at the lowest since at least 2007.
The FX market underestimates the importance of the planned restart of nuclear energy stations in Japan for the yen. The country is currently importing massive quantities of coal and fuel to power the national grid. Prices have risen more than 20% and will continue to rise until the government deems its reactors fit for service."
'via Blog this'
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