I meant demand.
If demand is nearly equal to available supply, a bump up in the demand can send the price climbing very fast, if there was little to no spare capacity in supply.
Then I'm not sure I understand your statement. My reference was to the second "demand" in your statement. If you had said "A small move in demand nearly equaling the total available supply will create a skyrocket in price" I would agree with you otherwise I'm not sure I understand what you're saying. Why would a small increase in demand create a major increase in demand?