The Conversion Market OutlookLast year, the Metropolis disruption, Tenex's termination of its UF6 supply contract with GNSS, and the labor strike at Port Hope wreaked havoc on the market for conversion services. As a result, prices are at all-time highs and capacity is being put to the test at primary converters. Even with the recent BNFL/Cameco announcment that production at the Springfields facility will continue for at least another 10 years, there are still questions about the supply/demand situation over the next two years as inventories are rebuilt, and even larger questions looking at market fundamentals beyond 2010 as a production deficit potentially looms.
With transportation difficulties, capacity questions, regional price disparities, and recent
disruptions to secondary supplies, conversion services can no longer be viewed as a minor concern.
Fuel managers need to understand the worldwide supply and demand picture for the next decade in order
to make the right choices now. UxC's bi-annual Conversion Market Outlook report incorporates all of these events and provides a thorough supply-demand analysis and price forecast for conversion services. The 2005 end-year update is available now. Please contact Eric Webb (see below) for details.
Please see our product flier in Adobe Acrobat PDF
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The report starts with a color executive summary, with an extra copy to circulate, providing a concise overview of the current market situation. An advance copy of the executive summary is now e-mailed to subscribers. |
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Chapter 1 contains a topical essay that addresses key events and their potential impact on the market. Examples of past essays are listed here. Please note that the end-year update report does not contain an essay. |
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Chapter 2 - Recent Contracting Review reviews recent contracting activity in both the spot and long-term conversion markets and describes some of the key developments and trends which are apparent from recent transaction activity. |
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Chapter 3 - Requirements and Demand Outlook updates the world reactor demand and changes to conversion requirements on a regional basis. The spot and long-term demand picture for the near term is also analyzed. |
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Chapter 4 - Primary and Secondary Supply Outlook examines spot and long-term supply sources, including an overview of each of the primary conversion suppliers and the most significant secondary or inventory supplies of conversion and UF6. |
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Chapter 5 - Conversion Spot Market Indicators & Technical Analysis presents a detailed update of leading price indicators designed by UxC to quantify market factors that are affecting price outlook in the near-term, along with a technical analysis of near-term price movements. Included with a subscription to the annual report are monthly updates of UxC's near-term price indicators, a predictive tool used to gauge potential spot movements two to three months forward. |
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Chapter 6 - Market Outlook and Price Forecast discusses near-term market fundamentals, provides bullish and bearish arguments as to where market prices could move over this period, and looks are future regional market developments. This section also presents three long-term scenarios of spot price forecasts, with separate forecasts for both North American and European delivery. |
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The report also contains Appendix A - Statistical Review, which has expanded tables and figures in addition to those presented throughout the report. It is designed to be used as a standard reference source providing both historical and current market data. |
You are a supplier of conversion services, You are considering entering the conversion market, or You are developing a strategy to cover needs over the next few years.Phone: (770) 642-7745
Fax: (770) 643-2954