End-of-Day Market Summary PHCC – October 8, 2025
- Met Coal Junkie
- Oct 9
- 1 min read
End-of-Day Market Summary – October 8, 2025
Tone: Firm but cautious – Chinese domestic stability and Indian market rumours are pulling the market in opposite directions, but forward fundamentals still lean supportive.
Chinese PHCC Prices Converge: Pre-market signals show spot and LTC PHCC prices aligning, suggesting stability in domestic supply-demand balance. The 190 FOB Australia equivalent now acts as a clear floor for Chinese PHCC values.
Indian Market Fueled by Rumours: Talk of low-priced prompt GYC parcels spread rapidly in India, pressuring short-term sentiment but with limited verified trades so far.
Forward PHCC Prices Supported: Forward-loading Australian cargoes continue to price in China’s tight domestic balance and approaching rainfall risks, underpinning expectations of resilient Q4 fundamentals.
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