Buyers of all types, including util

Buyers of all types, including utilities,primaries, and intermediaries, have pursued UF6 purchases via both formal and off-market channels as a mechanism for acquiring conversion, but have had little success in finding supply at an acceptable price. Consequently, buyers have directed their attention toward securing the uranium and conversion components rather than committing to UF6 purchases.Based on the recent increase in the uranium price and consistently strong conversion component prices, TradeTech's March 31 UF6 Value is $93.30, an increase of $5.65 per kgU as UF6 from the February 29 UF6 Value.The Transaction Value is $25.20 per pound U3O8, a decrease of $0.05 from last month, based on 75 transactions over three months, involving 8.0 million pounds U3O8 equivalent.Active uranium supply remains at 1.4 million pounds U3O8 equivalent. Active uranium demand increased to 3.6 million pounds U3O8 equivalent. The corresponding supply/demand ratio is 0.4.Activity in the loan market slowed slightly in March, although several parties remain engaged in discussions regarding potential uranium and/or UF6 loans. No new loan transactions were finalized during the month of March. Based on recent activity, TradeTech's March 31 is 0.7 percent per annum, unchanged from the February 29 Loan Rate.