Federal Register / Vol. 60, No. 66 / Thursday, April 6, 1995 / Notices 17515

Dated: March 30, 1995.

Susan G. Esserman,

Assistant Secretary for Import

Administration.

[FR Doc. 95–8509 Filed 4–5–95; 8:45 am]

BILLING CODE 3510–DS–P

[A–100–002]

Notice of Price Determination, Uranium

from Kazakhstan, Kyrgyzstan, and

Uzbekistan

AGENCY: International Trade

Administration, Import Administration,

Commerce.

ACTION: Notice.

SUMMARY: Pursuant to section IV.C.1. of

the antidumping suspension agreements

on uranium from Kazakhstan,

Kyrgyzstan, and Uzbekistan, the

Department calculated a price for

uranium of $12.06/lb. On the basis of

this price, the export quota for uranium

pursuant to Section IV.A. of the Uzbek

and Kyrgyz agreements is zero. The

export quota for uranium pursuant to

Section IV.A. of the Kazakhstani

agreement, as amended on March 27,

1995, is 500,000 lbs. for the period April

1, through September 30, 1995. Exports

pursuant to other provisions of the

agreements are not affected by this

price.

EFFECTIVE DATE: April 1, 1995.

FOR FURTHER INFORMATION CONTACT:

Maureen Price or Beth Chalecki, Office

of Agreements Compliance, Import

Administration, International Trade

Administration, U.S. Department of

Commerce, 14th Street & Constitution

Avenue NW., Washington, DC 20230;

telephone: (202) 482–0159 or (202) 482–

2312, respectively.

PRICE CALCULATION:

Background

Section IV.C.1. of each agreement

specifies that the Department of

Commerce (DOC) will issue its observed

market price on April 1, 1995, and use

it to determine the quota applicable to

exports from the various republics

during the period April 1, 1995 to

September 30, 1995.

Calculation Summary

Section IV.C.1. of each agreement

specifies how the components of the

market price are reached. In order to

determine the spot market price, the

Department utilized the monthly

average of the Uranium Price

Information System Spot Price Indicator

(UPIS SPI) and the weekly average of

the Uranium Exchange Spot Price (Ux

Spot). In order to determine the longterm market price, the Department

utilized the weighted average long-term

price as determined by the Department

on the basis of information provided by

market participants and a simple

average of the UPIS Base Price for the

months in which there were new

contracts reported.

Our letters to market participants

provided a contract summary sheet and

directions requesting the submitter to

report his/her best estimate of the future

price of merchandise to be delivered in

accordance with the contract delivery

schedules (in U.S. dollars per pound

U3O8 equivalent). Using the information

reported in the proprietary summary

sheets, the Department calculated the

present value of the prices reported for

any future deliveries assuming an

annual inflation rate of 2.65 percent,

which was derived from a rolling

average of the annual GNP Implicit

Price Deflator index from the past four

years. The Department used the base

quantities reported on the summary

sheet for the purpose of weightaveraging the prices of the long-term

contracts submitted by market

participants. We then calculated a

simple average of the UPIS Base Price

and the longer-term price determined by

the Department.

Weighting

The Department used the average spot

and long-term volumes of U.S. utility

and domestic supplier purchases, as

reported by the Energy Information

Administration (EIA), to weight the spot

and long-term components of the

observed price. In this instance, we have

used purchase data from the period

1989–1992, as in the previous

determination. During this period, the

spot market accounted for 31.39 percent

of total purchases, and the long-term

market for 68.61 percent. We were not

able to include data from the 1993 EIA

Uranium Industry Annual because it has

been withheld due to its proprietary

nature.

Calculation Announcement

The Department determined, using

the methodology and information

described above, that the observed

market price is $12.06. This reflects an

average spot market price of $9.57,

weighted at 31.39 percent, and an

average long-term contract price of

$13.19, weighted at 68.61 percent. Since

this price is below the $13.00/lb.

minimum expressed in Appendix A of

the Uzbek and Kyrgyz agreements, there

will be no quota under Section IV.A. of

the agreements available to these

republics for the period April 1, 1995 to

September 30, 1995. However, since this

price is above the $12.00/lb. minimum

expressed in Appendix A of the

amended Kazakhstani agreement,

Kazakhstan receives a quota of 500,000

lbs. for the period April 1, 1995 to

September 30, 1995.

Comments

Consistent with the Department’s

letters of interpretation dated February

22, 1993, we provided interested parties

our preliminary price determination on

March 10, 1994. We received no

comments.

We have determined that the observed

market price for uranium is $12.06/lb.

The Department invites parties to

provide pricing information for use in

the next price determination. Any such

information should be provided for the

record and should be submitted to the

Department by September 5, 1995.

Dated: March 30, 1995.

Paul L. Joffe,

Deputy Assistant Secretary for Import

Administration.

[FR Doc. 95–8510 Filed 4–5–95; 8:45 am]

BILLING CODE 3510–DS–M

[C–557–806]

Extruded Rubber Thread From

Malaysia; Final Results of

Countervailing Duty Administrative

Review

AGENCY: Import Administration,

International Trade Administration,

Department of Commerce.

ACTION: Notice of final results of

countervailing duty administrative

review.

SUMMARY: On September 8, 1994, the

Department of Commerce (the

Department) published the preliminary

results of its administrative review of

the countervailing duty order on

extruded rubber thread from Malaysia.

We have now completed this review

and determine the bounty or grant

during the period January 1, 1992

through December 31, 1992 to be 3.30

percent ad valorem for all companies.

EFFECTIVE DATE: April 6, 1995.

FOR FURTHER INFORMATION CONTACT:

Lorenza Olivas or Chris Jimenez, Office

of Countervailing Compliance, Import

Administration, International Trade

Administration, U.S. Department of

Commerce, 14th Street and Constitution

Avenue NW., Washington, D.C. 20230;

telephone: (202) 482–2786.

SUPPLEMENTARY INFORMATION:

Background

On September 8, 1994, the

Department published in the Federal