End-of-Day Market Summary PHCC – October 17, 2025
- Met Coal Junkie
- 3 days ago
- 1 min read
End-of-Day Market Summary – October 17, 2025
Tone: Irrationally bullish but fundamentally supported – Policy optimism and persistent supply concerns reignited momentum, pushing futures markets sharply higher despite lingering questions on sustainability.
DCE Jan Breaks RMB 1,200: Futures surged past this key psychological threshold during the night session, driven by minor supply disruptions and policy expectations ahead of the upcoming government meeting.
TSI November Tracks Higher: TSI Nov followed DCE’s rally, climbing to $197, reflecting renewed speculative buying and improved confidence across.
Sentiment Over Fundamentals: The market is increasingly trading policy optimism over physical reality, though modest improvements in met coal fundamentals provide partial grounding.
Demand Sustainability in Question: The pace of the rally now outstrips end-user demand recovery, setting up potential volatility once speculative enthusiasm cools.
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