Uranium Price Outlook Heats Up as Market Tightens -- Market Talk

Dow Jones02-04 06:36

2236 GMT - Citi sees uranium prices rising, supported by lower mine supply from Kazakhstan and Africa, and increasing utility demand. It raises its 0-3 month forecast by $25 to $105/pound. It raises its 6-12 month forecast, also by $25, to $125/pound. Spot uranium was last at $94/pound. Citi also revises higher its other price forecasts through 2027. It projects an average price of $131 next year, up $21 on its earlier forecast. "Financial speculators, including Sprott Physical Uranium Trust have intensified its activity in the recent period with substantial fundraising amounts and uranium procurement on the spot market," Citi says. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

February 03, 2026 17:36 ET (22:36 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2608864513?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-04 06:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2608864513","market":"sh","top_or_hot":-1,"title":"Uranium Price Outlook Heats Up as Market Tightens -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  2236 GMT - Citi sees uranium prices rising, supported by lower mine supply from Kazakhstan and Africa, and increasing utility demand. It raises its 0-3 month forecast by $25 to $105/pound. It raises its 6-12 month forecast, also by $25, to $125/pound. Spot uranium was last at $94/pound. Citi also revises higher its other price forecasts through 2027. It projects an average price of $131 next year, up $21 on its earlier forecast. \"Financial speculators, including Sprott Physical <a href=\"https://laohu8.com/S/UEC\">Uranium</a> Trust have intensified its activity in the recent period with substantial fundraising amounts and uranium procurement on the spot market,\" Citi says. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 03, 2026 17:36 ET (22:36 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uranium Price Outlook Heats Up as Market Tightens -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUranium Price Outlook Heats Up as Market Tightens -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-04 06:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  2236 GMT - Citi sees uranium prices rising, supported by lower mine supply from Kazakhstan and Africa, and increasing utility demand. It raises its 0-3 month forecast by $25 to $105/pound. It raises its 6-12 month forecast, also by $25, to $125/pound. Spot uranium was last at $94/pound. Citi also revises higher its other price forecasts through 2027. It projects an average price of $131 next year, up $21 on its earlier forecast. \"Financial speculators, including Sprott Physical <a href=\"https://laohu8.com/S/UEC\">Uranium</a> Trust have intensified its activity in the recent period with substantial fundraising amounts and uranium procurement on the spot market,\" Citi says. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 03, 2026 17:36 ET (22:36 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"URA","symbol_name":"Global X Uranium ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2608864513","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2608864513","pubTimestamp":1770158160,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2236 GMT - Citi sees uranium prices rising, supported by lower mine supply from Kazakhstan and Africa, and increasing utility demand. It raises its 0-3 month forecast by $25 to $105/pound. It raises its 6-12 month forecast, also by $25, to $125/pound. Spot uranium was last at $94/pound. Citi also revises higher its other price forecasts through 2027. It projects an average price of $131 next year, up $21 on its earlier forecast. \"Financial speculators, including Sprott Physical Uranium Trust have intensified its activity in the recent period with substantial fundraising amounts and uranium procurement on the spot market,\" Citi says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"URA":"Global X Uranium ETF","BK4606":"AI电力股","NLR":"核能指数ETF-Market Vectors"},"translate_title":"随着市场收紧，铀价前景升温——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"URA":0.6,"NLR":1.5},"content_text":"2236 GMT - Citi sees uranium prices rising, supported by lower mine supply from Kazakhstan and Africa, and increasing utility demand. It raises its 0-3 month forecast by $25 to $105/pound. It raises its 6-12 month forecast, also by $25, to $125/pound. Spot uranium was last at $94/pound. Citi also revises higher its other price forecasts through 2027. It projects an average price of $131 next year, up $21 on its earlier forecast. \"Financial speculators, including Sprott Physical Uranium Trust have intensified its activity in the recent period with substantial fundraising amounts and uranium procurement on the spot market,\" Citi says. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n\n\n  (END) Dow Jones Newswires\n\n\n  February 03, 2026 17:36 ET (22:36 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2608864513","isCrawlerRequest":true}