It looks like suppliers had run out of low priced inventory on Wednesday night. So wait and see attitude in the market at the moment.
I suspect Bushveld may dump their last remaining inventory at any price this week as they are about to shutdown.
Probably to the moon once Bushveld confirms production has stopped.
Suddenly when Bushveld stops producing the US has to find new units and China on the specialty product called NitroVan. It differs in grade from traditionally spot markets and attracts a premium.
TDT eagerly awaits : )
Vanadium Price Advances, page-249
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