Study on the trend of uranium supply, demand and cost

With the development of China’s nuclear power, uranium prices gradually become the focus of the industry.The international uranium market trends is one of the key considerations when China’s enterprises are in the implementation of overseas investment in resources, trade, and operate overseas uranium deposits. Enterprises can control and reduce costs by accurately grasping the future market price. The purpose of this paper is to explain and forecast the future uranium price from the perspective of uranium supply, demand and cost. The potential adequate primary supply and ample secondary supply cause the market imbalanced, and will reduce the probability of uranium price rising in the recent future, so the uranium price in the next ten years will be increased slowly.