Market: any network that brings buyers and sellers into contact with one another so they can exchange goods and services. A market need not be located in a particular geographical location. The Montreal Stock Exchange is an example of a market for corporation shares.
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Excerpts from Article:
"The uranium market shows no signs of a looming shortage. Quite the opposite. Prices dwell near record lows while nuclear producers are in no rush to secure future supply.The uranium market really misses Japan. Since the country suspended its nuclear program in the aftermath of the 2011 Fukushima disaster, spot prices for the metal have plunged more than 50 per cent and now sit at about $35 (U.S.) a pound. Recommissioned Japanese reactors would have little direct effect on global demand, however. The country already has enough uranium to last four or five years. Instead, removal of the overhang would compel nuclear producers around the world to again enter into contracts for future deliveries. Long-term buying has withered through the slump, said David Talbot, an analyst at Dundee Capital Markets." |