Ux Consulting lowered its spot price Uranium indicator to $90 (US) on Monday, down from $105 the previous week.

TradeTech continues to price spot Uranium at $105.

NYMEX Uranium futures are also under pressure with the December 2007 contracts hitting $68 per pound.

Uranium prices have been under pressure due to weak demand from speculators as well as seasonal shifts within the nuclear industry.