VMY - Information & Discussion, page-10

Hey mate, the spot price is actually quite different from the long term price, which is around $10/lb higher. The spot price only takes up a small proportion of the market - its where utilities go for top ups when needed. Contracts are generally settled based on long term price.

Morgan's have taken over from Macquarie and now they're doing the dumping now. Might just need couple weeks to soak.

The limited data I get from yesterday shows they were the major seller, we will know for sure in a few days. Hopefully its just some tax related selling.​