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Quick Perspective: GYC Demand Surge Pushes FOB Market Toward 205–210

  • Writer: Met Coal Junkie
    Met Coal Junkie
  • 4 days ago
  • 1 min read

FOB market has broken above $200, supported by the emergence of ex-India demand. Fresh SEA buying interest for 1–2 PMX of GYC is now competing directly with the two traders already holding GYC position cargoes — on top of India’s ongoing GYC requirements. With demand stacking up against limited December/January GYC availability, the market is now positioned to test the $205–210 FOB range in the near term.

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