Uranium Price
Uranium does not trade on an open market like other commodities. Buyers and sellers negotiate contracts privately.
Cameco calculates industry average prices from the month-end prices published by UxC and TradeTech. Long-term prices prior to May 2004 are not industry-averages, but are from TradeTech only.
Spot Price
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Jan | 28.90 | 24.63 | 29.63 | 43.08 | 50.63 |
| Feb | 28.00 | 24.80 | 27.98 | 48.75 | 50.93 |
| Mar | 25.33 | 27.35 | 30.95 | 58.20 | - |
| Apr | 25.20 | 33.25 | 28.90 | 53.00 | - |
| May | 24.05 | 33.93 | 31.40 | 47.75 | - |
| Jun | 24.60 | 32.80 | 32.25 | 49.75 | - |
| Jul | 25.38 | 32.45 | 32.40 | 47.75 | - |
| Aug | 25.30 | 30.85 | 34.25 | 51.25 | - |
| Sep | 25.68 | 29.93 | 42.60 | 48.38 | - |
| Oct | 24.25 | 29.70 | 45.20 | 52.28 | - |
| Nov | 26.05 | 29.68 | 45.75 | 49.88 | - |
| Dec | 24.93 | 30.20 | 42.05 | 47.68 | - |
Long-term Price
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Jan | 32.00 | 32.50 | 34.50 | 42.88 | 52.50 |
| Feb | 32.00 | 32.50 | 33.75 | 43.88 | 53.00 |
| Mar | 32.00 | 32.50 | 33.75 | 49.00 | - |
| Apr | 32.00 | 36.00 | 33.75 | 50.00 | - |
| May | 31.00 | 35.50 | 33.50 | 50.75 | - |
| Jun | 31.50 | 35.50 | 33.50 | 51.50 | - |
| Jul | 31.50 | 36.00 | 33.50 | 51.50 | - |
| Aug | 31.00 | 35.00 | 34.25 | 51.50 | - |
| Sep | 31.50 | 35.00 | 42.50 | 51.00 | - |
| Oct | 31.50 | 35.00 | 43.00 | 51.00 | - |
| Nov | 32.50 | 35.00 | 43.00 | 52.00 | - |
| Dec | 32.50 | 35.00 | 42.75 | 52.00 | - |