End-of-Day Market Summary PHCC – October 6–7, 2025
- Met Coal Junkie
- Oct 7
- 1 min read
End-of-Day Market Summary – October 6–7, 2025
Tone: Constructive and weather-watchful – Indian buying activity lent firmness to the market, while traders began monitoring Australian weather for potential supply risks ahead.
Active Indian Buying Supports Prices: Multiple parcels of Brolga, Goonyella, and North Goonyella traded between $205–209 CFR India, reflecting steady demand and reinforcing near-term support.
TSI November Edges Higher: Paper values rose modestly from $192 → $193.5, touching $194 intraday, suggesting cautious optimism amid stable fundamentals.
Weather in Focus: Forecasts point to increased rainfall across Australian mining regions in the next eight days, drawing close market attention.
China Return on Watch: With mainland markets still closed, sentiment remains quietly bullish, as domestic PHCC balances stay tight.
Comments