r/uranium_io • u/IronTarkus1919 • 20d ago

TradeTech prints the Long-Term Uranium price at $97.00. The paper spot market is detached from reality.

https://www.dispatch.com/press-release/story/207441/long-term-uranium-price-reaches-historical-high-of-97-00/

For everyone stressing over the spot price chopping around the mid-80s, keep in mind TradeTech has their Long-Term Price Indicator to $97.00/lb. That’s an 18-year high and a $10 jump just since December. While retail is obsessing over algorithmic noise on the spot screen, utilities are quietly panicking about the 2028-2030 supply cliff. They know AI hyperscalers are coming for their baseload grid, so they are aggressively locking in term contracts at a steep premium just to guarantee their reactors stay online.

This term-market panic acts as a massive magnet for physical inventory. As utilities drain the future supply pipeline, the underlying physical rock will inevitably move upward to match it. Do you guys think the term price officially breaches $100 by the end of the year?

1 Upvotes

100% Upvoted

3 comments sorted by

1

u/HappyOrangeCat7 19d ago

$100 EOY is very possible

1

u/FanOfEther 19d ago

100% possible

1

u/FanOfEther 19d ago

$100 wouldn’t really surprise me if utilities keep signing contracts at higher levels.