S&P Global Platts is seeking feedback on a proposal to expand its global spot price assessment for uranium in the form of U3O8 starting October 25, 2019.
Platts is proposing to add assessments for the transactional value of a U3O8 title transfer (known as a flag swap) in four delivery windows, from 0-3 months, 3-6 months, 6-9 months and 9-12 months. Like the existing Platts U3O8 assessment, the new price assessments will reflect delivery at licensed conversion and/or refining facilities in Canada, with deliveries at other locations normalized as needed.
Platts would reflect typical commercial specifications for U3O8 that meet the conversion facility guidelines in volumes of 100,000 lb for delivery within each of the delivery windows from time of publication. Prices would be in US dollars per lb.
Platts may consider other volumes and specifications in the assessment process that would be normalized to the standard specification.
The prices assessed would reflect value at 13:00 hrs US Eastern time on Fridays to include trading in all regions, including the US. In the case of Friday being a public holiday in the US, Platts would assess on the prior business day.
Please send all questions and feedback to firstname.lastname@example.org and email@example.com by September 17, 2019.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.