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Quick Perspective: Chinese PHCC export sets 210 FOB ceiling

  • Writer: Met Coal Junkie
    Met Coal Junkie
  • Dec 3
  • 1 min read

Quick Perspective:

TSI Jan is trading at the upper band near 209, following today’s 206.51 FOB GYC trade, but is likely to meet resistance shortly. The opportunistic 210 FOB China PHCC offers amid rapidly falling spot physical prices in domestic China should act as a natural brake on further PLV FOB gains.

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