End-of-Day Market Summary PHCC – August 29, 2025
- Met Coal Junkie
- Aug 29
- 1 min read
End-of-Day Market Summary – August 29, 2025
Selling Indications Push Toward $200 CFR India – Competition among traders for limited Indian demand has driven selling ideas closer to $200 CFR India, highlighting the scramble for buyers.
TSI Curve Softens – TSI Q1 slipped to $201 from $204, while December fell to $193.5 from the Monday high of $199, reflecting easing sentiment.
China Steel Weakness Pressures Coal – Ongoing weakness in China’s steel market weighed on coking coal, with DCE retreating back down to its recent low of RMB 1,140.
Tone: Bearish tilt, with weak Chinese steel demand dragging paper lower and traders crowding limited Indian demand at elevated CFR levels.
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