End-of-Day Market Summary PHCC – October 10–11, 2025
- Met Coal Junkie
- Oct 11
- 1 min read
End-of-Day Market Summary – October 10–11, 2025
Tone: Diverging but resilient – Despite trade-related macro noise, seaborne sentiment held firm as spot fundamentals stayed supportive and paper maintained strength.
Rumours of GYC Resell Surface: Market chatter of end users reselling recent GYC cargoes, only days after Peak Downs traded above $191 FOB, raised questions about PMV demand sustainability and could further widen the PLV–PMV spread.
China Spot Market Rebounds: Domestic PHCC spot prices recovered from the pre-holiday dip, even as DCE softened following renewed China–U.S. trade tensions.
Paper Market Remains Firm: TSI Q4 traded near $195, with October at $192, November $194, and December $199, reflecting ongoing confidence and limited downside conviction among sellers.
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