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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, 28 July 16
FITCH RAISES CORPORATE OIL PRICE ASSUMPTION FOR 2016 TO USD42
Fitch Ratings has raised the 2016 oil price assumptions it uses when rating energy-sector corporates, but expects record high inventories to slow a ...
Thursday, 28 July 16
LAST WEEK ENDING UP WITH BUSIER TONES FOR SUPRAMAXES NOW COOLING DOWN - FEARNLEYS
Supramax
Last week ending up with busier tones for Supramaxes now cooling down as with index being down to 684. Average daily earnings for Supram ...
Wednesday, 27 July 16
RATES FOR THE SMALLER SIZES OVER-PERFORMED THE MARKET LAST WEEK - INTERMODAL
The decline the BDI noted last week was somewhat expected given the fact that the market has been overall firming for almost a month no ...
Wednesday, 27 July 16
GLOBAL OIL SUPPLY IS EXPECTED TO REMAIN HIGHER THAN GLOBAL CONSUMPTION IN 2016 - CHRISTOPHER WHITTY
Global oil supply is expected to remain higher than global consumption in 2016, keeping oil prices at relatively low levels this summer compared wi ...
Tuesday, 26 July 16
NORTH P&I CLUB EXPLAINS HOW TO AVOID CLAIMS FOR SELF-COOKING SOYA BEANS
KNOWLEDGE TO ELEVATE
North P&I Club has advised its members to be extra vigilant during loading and transport of soya beans to ensure they ...
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- Merrill Lynch Commodities Europe
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