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Coking coal closes down 4.8% in night session; coke falls 3.1%

Coking coal futures closed down about 4.8% in the night session, with coke dropping roughly 3.1%, bitumen falling about 1.6% and PTA down 1%. LPG bucked the trend with a gain of about 0.9% and fuel oil rose about 1.8%.

Original source

AI take

The night session showed broad weakness across the coal-to-chemical complex, with coking coal and coke leading declines while crude-linked bitumen and PTA also softened. The standout is the divergence in energy fuels: LPG and fuel oil rising against the trend suggests the selling is concentrated in steelmaking inputs rather than a uniform commodities risk-off. Whether that split persists into the day session, or fuel strength proves a one-session outlier, is the open question.

Generated by AI for reference only.

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