Uranium Futures
CME/NYMEX Uranium (UX) futures contracts and term structure
Futures Term Structure
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Uranium Futures
About Uranium Futures
Uranium futures (UX) trade on the CME/NYMEX exchange and provide price discovery and hedging opportunities for uranium market participants.
Contract Size:250 lbs U₃O₈
Tick Size:$0.05 per lb
Tick Value:$12.50
Settlement:Financial (cash)
Term Structure Analysis
The uranium futures curve typically trades in contango(futures above spot), reflecting storage costs and interest rates.
Key considerations:
- Contango indicates expectations of stable/rising prices
- Backwardation (rare) suggests supply concerns
- Open interest shows market participation depth
- Volume indicates liquidity for each contract
Note: Uranium futures have lower liquidity compared to other commodities like oil or gold. Large trades may have price impact.