End-of-Day Market Summary PHCC – August 26, 2025
- Met Coal Junkie
- Aug 26
- 1 min read
End-of-Day Market Summary – August 26, 2025
Tone: Bearish-leaning but resilient, with FOB sellers holding ground above $190 while supply outlook keeps pressure on sentiment.
BHP’s October GYC Listing Confirms Bearish Bias – BHP offered a GYC cargo for Oct 5–14 laycan, reinforcing bearish sentiment as the market anticipates more October supply to emerge.
Traders Hold Firm on India Restocking – Despite the bearish tone, traders remain confident in India’s restocking demand and are unwilling to offer below $190 FOB.
Supply Dynamics in Question – The key uncertainty is whether improved Australian supply can offset the absence of Canadian spot cargoes in Q4.
China Mixed: DCE Lower, Spot Inquiries Steady – DCE slipped to RMB 1,160, but spot inquiries from Chinese buyers held firm, showing arbitrage interest despite softer paper sentiment.
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