Uranium Raw Material Price — July 20, 2026
As of July 20, 2026, Uranium is trading at Sixteen Rupees per gram across India. The 10-gram rate stands at One Hundred and Sixty Five Rupees, and 100 grams costs One Thousand Six Hundred and Forty Eight Rupees.
The Feedstock Reference — 10 Days
The raw material of the atomic age, priced daily
Uranium-as-feedstock references ₹16.48 per gram today, July 20, 2026. Every industry has its raw materials page — steel watches iron ore, textiles watch cotton — and nuclear power watches this number. The peculiarity: nuclear is the only customer, and the customer cannot switch suppliers, substitutes or recipes. Raw material economics with the options removed.
The feedstock at industrial weights:
- 1 kg: ₹16,483.48
- 1 tonne: ₹16,483,483.00
- A reactor-year of raw feed (~200 t): ≈ ₹330 crore
- World annual feed demand (~65,000 t): ≈ ₹107.1 thousand crore
For an industry supplying a tenth of global electricity, the raw material bill is strikingly light — the structural fact beneath every other fact on this page.
Feedstock Priced at Every Weight
Today's Uranium rate is Sixteen Rupees per gram. At this rate, 10 grams of Uranium costs One Hundred and Sixty Five Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹16.48 | Sixteen Rupees |
| 8 Grams | 8.0000 g | ₹131.87 | One Hundred and Thirty Two Rupees |
| 10 Grams | 10.0000 g | ₹164.83 | One Hundred and Sixty Five Rupees |
| 100 Grams | 100.0000 g | ₹1,648.35 | One Thousand Six Hundred and Forty Eight Rupees |
| 1 Kilogram | 1,000.0000 g | ₹16,483.48 | Sixteen Thousand Four Hundred and Eighty Three Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹467.30 | Four Hundred and Sixty Seven Rupees |
| 1 Troy Ounce | 31.1035 g | ₹512.69 | Five Hundred and Thirteen Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹16,483,483.00 | One Crore Sixty Four Lakh Eighty Three Thousand Four Hundred and Eighty Three Rupees |
From raw to ready: the chain the feedstock feeds
The raw material's journey is the fuel cycle's front half. Drummed concentrate converts to UF6 gas (a priced service), enriches through centrifuge cascades (SWU, the chain's costliest toll — skipped entirely by India's natural-uranium PHWRs), and fabricates into ceramic pellets sheathed in zirconium alloy. Each step adds value the raw benchmark never sees; the finished assembly entering a core embeds several multiples of its feedstock's price.
Feedstock behaviour, industrially read
Because the customer industry cannot flex consumption, the raw material's demand curve is nearly vertical — reactors burn their schedule regardless of this page's number. Procurement managers therefore play time, not volume: contract early in soft markets, draw inventory through spikes, diversify origins against politics. The feedstock's price history is really a history of how well the industry's buyers played those moves against the producers' mirror-image game.
India's feedstock operation runs the playbook sovereignly: UCIL's domestic raw material (costlier, secure) blending with imported concentrate (cheaper, safeguarded) into the NFC's fabrication lines. The 100 GW programme is, in raw material terms, a commitment to multiply feedstock throughput severalfold — mining, importing and eventually breeding the difference.
The only-customer clause
Single-industry feedstock status carries uranium's defining risk both ways: nuclear's setbacks (2011) orphan the raw material utterly, and nuclear's revivals (the COP28 era) lift it without competition for the marginal pound. No other major raw material rides one industry's fate so nakedly — the volatility records make sense the moment this clause is understood.
Raw Material Reference — Daily Log
The most recent Uranium price on record (2026-07-20) is Sixteen Rupees per gram. This is up by Zero Rupees from the previous day's rate of ₹16.46.
| Date | Price (₹/g) | Change |
|---|---|---|
| 2026-07-20 | ₹16.48 | +0.02 |
| 2026-07-19 | ₹16.46 | -0.01 |
| 2026-07-18 | ₹16.47 | +0.01 |
| 2026-07-17 | ₹16.46 | -0.03 |
| 2026-07-16 | ₹16.49 | +0.03 |
| 2026-07-15 | ₹16.46 | -0.10 |
| 2026-07-14 | ₹16.56 | +0.05 |
| 2026-07-13 | ₹16.51 | +0.07 |
| 2026-07-12 | ₹16.44 | 0.00 |
| 2026-07-11 | ₹16.44 | — |
Watching the feedstock like an industrialist
The industrial frame asks supply-chain questions of the daily number: How many origins feed the chain, and which wobbled this quarter? Where do conversion and enrichment bottlenecks sit (post-2022's realignment made these the chain's live constraints)? What inventory cushion does the customer industry hold? The raw price above moves within whatever those answers currently are — assessment commentary and producer filings keep them public.
For Indian readers the industrial frame doubles as national accounting: the feedstock reference prices the input side of the country's nuclear decade, while the processing chain's domestic links — NFC, heavy water, Kalpakkam's breeders — decide how much leverage each imported gram ultimately yields. Raw material literacy here is energy-policy literacy.
The feedstock reprices tomorrow, the chain keeps converting, and this page keeps the input side's score — daily, in rupees, raw.
Uranium as Raw Material — Input FAQ
The feedstock benchmark: ₹16.48 per gram (July 20, 2026) — pricing U3O8 concentrate, the raw material every nuclear fuel chain starts from. Per kg: ₹16,483.48.
Effectively one: nuclear power. Reactor fuel consumes nearly all mined uranium; trace uses (research isotopes, historical pigments, shielding) barely register. Single-industry feedstock status drives the price's unique behaviour.
Through the processing chain: concentrate → conversion (UF6 gas) → enrichment (for light-water designs) → fabrication (pellets, rods, assemblies). India's PHWR fleet shortcuts enrichment, fabricating natural-uranium fuel directly at the Nuclear Fuel Complex.
Small — typically under five percent at the raw-feedstock level. The insulation runs both ways: cheap feed never made nuclear power cheap, and expensive feed cannot make it expensive. Capital costs rule; the raw material hums along beneath.
None outside the DAE system. The Atomic Energy Act, 1962 reserves the feedstock for the sovereign fuel cycle — UCIL supplies it, NFC processes it, NPCIL burns it. Private industry's only contact with uranium economics is informational, via pages like this.
