Week 21, 2025 Result - Junkie Met Coal Sentiment Index, PHCC Sentiment Indicator

Met Coal Junkie
May 23
1 min read

Junkie Met Coal Sentiment Index Week 21: 58.18, +11.62 (Week 20: 46.56)

🔍 How to Read the Index:

>70 → Bullish (tightness, demand > supply)
50–70 → Neutral to slightly bullish
<50 → Bearish (oversupply, weaker sentiment)

Weightage: Miners 25%, Steel Mills 25%, Traders 25%, Financials 15%, Analysts 10%

📊 Headline Result

Final Sentiment Index: 58.18
Interpretation:➤ Neutral to slightly bullish — the market tone has improved since the first run (which was 46.56), indicating some recovery in sentiment.

🔍 Role-Based Breakdown

Group	Score	Sentiment	Commentary
Miners	79.17	Strongly bullish	Miners are clearly confident — likely due to tightness in supply, stable pricing, or reduced offers
Analysts	62.50	Mildly bullish	Broader observation suggests improving tone, supported by more active trade discussions or firming offers
Traders	59.38	Slightly bullish	Traders are seeing more balanced flow — likely tighter spreads and steady demand
Steel Mills	54.16	Cautiously optimistic	Still cautious, but possibly accepting that prices may hold or rise near term
Financials	25.00	Bearish	Funds are still skeptical — potentially seeing downside risk on paper or reacting to macro softness

📈 Key Takeaways

Sentiment has significantly improved since the last run, rising from 46.56 to 58.18. Possibly due to smaller pool of respondents.
Miners are leading the bullish tone — possibly withholding cargo or sensing stronger forward demand.
Financials remain a bearish outlier, suggesting divergence between physical and paper market views.
Balanced signals from traders and mills suggest physical activity is improving but not overheated.

💡 Next Watch Points

Does miner confidence persist through late May amid macro volatility?
Will financial participants shift sentiment as physical firmness holds?
Is steel mill sentiment lagging due to inventory or margin pressure?

Thank You for Participating!

Thank you for contributing to the second run of the Junkie Met Coal Sentiment Index.

We’re kicking off the next round of the Junkie Met Coal Sentiment Index here on:

🕙 Start: 27th May, 10:00 AM IST📊 Results Release: 29th May, 10:00 AM IST

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