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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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Monday, 20 June 16
THE BDI HAS FELL 23 POINTS WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities declined this past week. The BDI was fell 3.77 percent fr ...
Friday, 17 June 16
CHINA'S NEW POLICY TO REDUCE WASTE IN RENEWABLE ENERGY - FITCH
Chinese renewable energy producers are likely to benefit from a new policy that guarantees a minimum amount of solar and wind power is purchased in ...
Friday, 17 June 16
KOMIPO INVITES BIDS FOR BITUMINOUS COAL FOR BORYEONG POWER PLANT
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 780,000 Metric Tons of Bituminous Coal for its B ...
Friday, 17 June 16
U.S WEEKLY COAL PRODUCTION UP 7.7% - EIA
COALspot.com – U.S., the world’s one of the largest coal producer has produced approximately totalled an estimated 12.9 million short t ...
Wednesday, 15 June 16
THE DRY BULK PRICES CORRECTED UPWARDS ROUGHLY 15% - KONSTANTINOS KONTOMICHIS
Once more, the international shipping community turned its attention to Greece and more specifically to Attica that hosted Posidonia, the biggest m ...
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