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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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Thursday, 29 September 16
FREIGHT RATES MIGHT CONTINUE TO SLIDE NEXT WEEK DUE TO HOLIDAYS IN CHINA
Supramax
Flat start to week followed by a slight gain in rates for Supramaxes, says Fearnleys in its latest weekly report.
According to Fear ...
Wednesday, 28 September 16
WITHOUT A DOUBT FREIGHT RATES HAVE MOVED UP A BIT TO HEALTHIER LEVELS - INTERMODAL
As we are approaching Q4, it is interesting to perform a review of the last nine months with respect to the second-hand prices of Supramax and Pana ...
Tuesday, 27 September 16
THE CAPESIZE RATE OF INCREASE HAS BEEN IMPRESSIVE, UP 39% W/W AND 123% MONTH TO DATE - ALLIED
The Dry bulk market has seen a rare shine in its performance as the capesize sector manages to rally at an unprecedented rate compared to its perfo ...
Monday, 26 September 16
COAL PRICES HAVE BEEN MOVING STEADILY HIGHER AFTER YEARS OF DECLINE
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...
Monday, 26 September 16
THE FREIGHT MARKET WAS FIRM; ALL SEGMENTS WERE UP THIS PAST WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week. The BD ...
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- CIMB Investment Bank - Malaysia
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- Global Coal Blending Company Limited - Australia
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- Siam City Cement PLC, Thailand
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- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
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- Indogreen Group - Indonesia
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