End-of-Day Market Summary PHCC – August 18, 2025
- Met Coal Junkie

- Aug 18
- 1 min read
End-of-Day Market Summary – August 18, 2025
Tone: Cautious but watchful, with paper and physical diverging and the market waiting on Platts spread adjustments.
DCE Corrects on Steel Overhang – Coking coal futures opened the week lower as rising steel inventories weighed on sentiment.
Coke Market Eyes 7th Price Increase – A new round of Chinese coke hikes has been proposed; fundamentals suggest higher probability of success, though outcome remains uncertain.
TSI Softens but Holds Support – October dipped from $199 to $197 FOB, finding support even as DCE corrected.
Index vs. Paper Divergence Widens – Artificial premium persists, with Platts at $191.4 FOB against TSI paper at $197 FOB. How Platts adjusts brand and monthly differentials will be key to whether this spread holds.

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