End-of-Day Market Summary PHCC – October 14, 2025

End-of-Day Market Summary – October 14, 2025

Tone: Stabilizing and speculative – Chinese market resilience and policy-driven optimism lifted sentiment, even as seaborne trade stayed quiet.

DCE JM Rebounds Sharply: Futures showed a V-shaped recovery from RMB 1,116 to 1,153.5, driven by renewed speculative buying after steel prices briefly broke recent lows in the morning and spot PHCC auction results showing stability in the afternoon.

Mongolian Supply Hiccups Add Support: Minor, recurring logistical disruptions from Mongolia continued to tighten border flows, adding a mild bullish undertone.

Policy Meeting Fuels Speculation: Anticipation of China’s late-October economic policy meeting reignited speculative optimism across the coking complex.

Seaborne Market Static but Firm: TSI remained inactive yet stable, as traders held positions firm despite CFR offers equivalent to $187 FOB plus two-port freight.