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Friday, 29 April 16
U.S. COAL IMPORTS IN Q4' 15 DECLINED TO 2.7 MMST FROM 3 MMST IN Q3' 15
.jpg) COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 10.3 million short tons (mmst) of coal in a week (For the week ended April 23, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 6.8% lower than last week's estimate and 38.7% lower than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totaled an estimated 3.9 mmst (decline 7.14% week over week) and west of the Mississippi River produced totaled an estimated 6.4 mmst (decline 5.88% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on April 28, 2016.
U.S. year-to-date (as of April 23, 2016) coal production totaled an estimated 199.9 mmst, 32.8% lower than the comparable year-to-date coal production in 2015. While, U.S. coal production during Q4'15 totaled 207.4 million short tons, 12.6% lower than the previous quarter and 18.2% lower than Q4' 14.
According to EIA's Quarterly Coal Report, Q4' 15 U.S. coal exports decreased 9.5% from third quarter 2015 and decreased 31.3% from fourth quarter 2014. Coal exports have declined for eleven quarters in a row. U.S shipped around 15.3 million short tons of coal in 4Q' 15 and the average price of U.S. coal exports during the Q4' 15 was $68.61 per short ton.
EIA further says in its report that, the United States continued to import coal primarily from Colombia (78.9%), Canada (12.6%), and Indonesia (4.4%). U.S. coal imports in Q4' 15 declined to 2.7 million short tons from 3.0 million short tons in Q3' 15. The average price of U.S. coal imports during the fourth quarter 2015 was $70.48 per short ton.
Source: EIA
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Wednesday, 12 October 16
MARKET INSIGHT - LINOS KOGEVINAS
Another Monday has gone by, bringing with it further turbulence for oil. A series of meetings between high-production nations Russia & Saudi Ar ...
Wednesday, 12 October 16
INDIAN STEELMAKERS' DELEVERAGING AT RISK ON COKING COAL PRICE JUMP - FITCH
The sharp increase in coking coal prices since August 2016 could squeeze Indian steelmakers' profitability and threaten their deleveraging, Fit ...
Wednesday, 12 October 16
UK SEABORNE COAL IMPORT PLUNGES 64% AS A WORRYING TREND LURKS - BIMCO
The main exporters of thermal coal for coal- fired power plants to the United Kingdom (UK) have experienced a heavy decline in seaborne cargo volum ...
Monday, 10 October 16
INDONESIAN COAL PRICE REFERENCE HITS HIGHEST LEVELS SINCE SEPTEMBER 2014
COALspot.com: The Indonesia coal benchmark price hits to its highest level since September 2014. The government declared benchmark prices for Indon ...
Monday, 10 October 16
THE FREIGHT MARKET FIRMS UP ON STRONG CAPE PERFORMANCE
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose again and ending in a positive note this past week. ...
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- Makarim & Taira - Indonesia
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- Parliament of New Zealand
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- GN Power Mariveles Coal Plant, Philippines
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- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
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- Chamber of Mines of South Africa
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