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End-of-Day Market Summary PHCC – September 22, 2025

  • Writer: Met Coal Junkie
    Met Coal Junkie
  • Sep 22
  • 1 min read

End-of-Day Market Summary – September 22, 2025


Tone: Constructive, with Indian tenders and strong Chinese restocking demand supporting sentiment despite DCE softness.

  • Indian Demand Sustains Momentum: Another 20kt tender emerged today, reinforcing signs of steady Indian buying interest.

  • Chinese Restocking Drives Prices Higher: PHCC spot prices surged to a new high near RMB 1565, underscoring robust restocking appetite.

  • Coke Market Expectations Shift: Market chatter points to 1–2 rounds of coke price upticks, with the first round already proposed despite today’s DCE dip.

  • Market Takeaway: Physical sentiment remains firm, and the market is trading more on restocking and coke fundamentals than on short-term DCE corrections.

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