End-of-Day Market Summary PHCC – August 8, 2025
- Met Coal Junkie
- Aug 8
- 1 min read
End-of-Day Market Summary – August 8, 2025
The tone is growing price fatigue, with resistance to high prices solidifying, sellers losing conviction, and demand shifting toward “good enough” PHCC rather than top-tier material.
Chinese Demand Remains Price-Capped, FOB Sellers Losing Conviction – Anze PHCC spot prices slipped by RMB 30 to 1,470 as Chinese end users refused to accept higher prices, reinforcing the market’s price ceiling. Buying patterns remain focused on absolute price levels rather than premiums for top-tier PLV, with demand gravitating toward “good enough” prime hard coking coal, including Canadian origins.
FOB Market Stalls Without Trades – No fresh FOB spot trades were heard, as sellers gradually lose conviction and buyers hold back from chasing higher levels. The disconnect between paper valuations and physical willingness to pay persists.
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