End-of-Day Market Summary PHCC – August 19, 2025
- Met Coal Junkie

- Aug 19
- 1 min read
End-of-Day Market Summary – August 19, 2025
Tone: Balanced but fragile, with bullish drivers emerging, yet steel weakness and FOB hesitancy limiting conviction.
Coke Price Hike Prospects Rise – The 7th round of coke price increases hinges on production cuts ahead of China’s September 4 military parade. Coke makers appear to be cutting faster than steelmakers, improving the odds of success.
Flooding Concerns Support Coal – Reports of flooding at Chinese coal mines added bullish undertones to the market.
Steel Weakness Offsets Positivity – Despite supportive coke fundamentals, persistently weak Chinese steel prices tempered overall sentiment.
FOB Market Stays Quiet – Traders continue to compete for Kalyani inquiries, but liquidity remains thin. Whether $190 FOB proves to be support or a ceiling now depends on traded price and Platts’ potential adjustments to brand and monthly spreads.

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