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End-of-Day Market Summary PHCC – April 21, 2025

  • Writer: Met Coal Junkie
    Met Coal Junkie
  • Apr 21
  • 1 min read

Updated: Apr 22

  • BHP Signals Early June Availability: BHP has indicated potential availability of early June Panamax cargoes, adding some clarity to near-term supply outlook.


  • Market Chatter – Exen-Vulcan Deal: Ongoing discussions around Exen's deal with Vulcan last week are drawing attention, possibly reshaping trader positioning.


  • Indian Traders’ Tactics: Some Indian traders are supposedly talking the market down in an attempt to secure cheaper cargoes, despite underlying demand strength.


  • Demand-Supply Balance: Indian demand remains healthy and consistent, and current spot supply appears just sufficient to meet it.


  • Should non-Indian demand emerge, the market may experience upward pressure due to the tight balance.

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