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Friday, 15 July 16
US COAL PRODUCTION DOWN 8.4% WEEK-OVER-WEEK
.jpg) COALspot.com – U.S, world’s second largest coal producers has produced approximately totalled an estimated 12.9 million short tons (mmst) of coal in a week (For the week ended July 9, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 8.4% lower than last week's estimate.
East of the Mississippi River produced totalled an estimated 4.7 mmst (down 12.96% week over week) and west of the Mississippi River produced totalled an estimated 8.7 mmst (down 5.74% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on July 14, 2016.
U.S. year-to-date (as of July 9, 2016) coal production totalled an estimated 343.7 mmst, 27.1% lower than the comparable year-to-date coal production in 2015. U.S. coal production during first quarter 2016 totaled 173.0 million short tons. This was 16.6% lower than the previous quarter and 28.0% lower than first quarter 2015.
Q1'16 Coal Output
According to EIA's Quarterly Coal Report, the first quarter 2016 U.S. coal exports (14.2 million short tons) decreased 7.5% from fourth quarter 2015 and decreased 35.6% from first quarter 2015.
Coal Exports
Coal exports have declined for twelve quarters in a row. The average price of U.S. coal exports during the first quarter 2016 was $61.41 per short ton.
Coal Imports
EIA further says in its Quarterly Coal Report, continued to import coal primarily from Colombia (81.2%), Canada (8.9%), and Indonesia (7.4%). U.S. coal imports in first quarter 2016 totaled 2.7 million short tons. The average price of U.S. coal imports during the first quarter 2016 was $63.97 per short ton.
Source: EIA
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Wednesday, 21 September 16
SHIPPING MARKET INSIGHT - PANOS MAKRINOS
Amidst a challenging dry bulk and tanker market, very little time has been spent on the offshore industry developments during the past couple of ye ...
Monday, 19 September 16
AFTER YEARS OF COMA, COAL BECOMES THE MOST ATTRACTIVE COMMODITY RIGHT NOW
COALspot.com: China boosted coal imports in recent months. The Chinese government’s drive to cut over capacity pushed up the demand for therm ...
Monday, 19 September 16
THE CAPE INDEX WAS UP 7.28% WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities declined and ending in a slightly negative note this past ...
Friday, 16 September 16
GLOBAL SHIPBUILDING: THE CHALLENGE TO REMAIN 'ACTIVE' - CHRISTOPHER PEARCE, CLARKSONS
The number of ‘active’ shipyards globally has more than halved since the start of 2009, falling to around 400 shipyards at the start of ...
Friday, 16 September 16
U.S. WEEKLY COAL OUTPUT DECLINED 6.2% TO 15.1 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.1 million short ton ...
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- Baramulti Group, Indonesia
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