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Friday, 09 September 16
U.S. WEEKLY COAL OUTPUT DECLINED SLIGHTLY TO 16.1 MMST, EIA SAYS
 COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short tons (mmst) of coal in a week (For the week ended September 3, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 1% lower than last week's estimate and 15.2% lower than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totalled an estimated 5.8 mmst (up 1.72% week over week) and west of the Mississippi River produced totalled an estimated 10.2 mmst (up 1.99% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on September 8, 2016.
U.S. year-to-date (as of September 3, 2016) coal production totalled an estimated 470 mmst, 24.3% lower than the comparable year-to-date coal production in 2015.
According to EIA, U.S. coal production in August was 71 million short tons (MMst), an 6 MMst (9%) increase from the previous month but 12 MMst (14%) lower than in August 2015. In 2016, coal production is expected to decrease by 164 MMst (18%), which would be the largest decline in terms of both tons and percentage since at least 1949.
U.S's domestic coal consumption in the electric power sector, which accounts for more than 90% of total U.S. coal consumption, is forecast to decline by 64 MMst (9%) in 2016, says EIA in its recent report.
EIA, further noted that, the decline is a result of both competition with low-priced natural gas and relatively mild weather in the first half of 2016 that reduced overall electricity generation.
Coal Exports
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. However, the EIA’s Short-term energy outlook noted that, U.S. Coal exports in June 2016 were 1 MMst (29%) higher than in the previous month, but exports for the first six months of 2016 were 32% (13 MMst) lower than the amount exported in the first half of 2015.
EIA forecasts that, the U.S. coal exports to decline by 19 MMst (25%) in 2016 to 55 MMst, the lowest level in 10 years. Exports are expected to decline by 4 MMst (8%) in 2017.
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, 05 October 16
SHIPPING MARKET INSIGHT
On September 27th the OPEC petroleum and energy ministers arrived in Algeria to attend the International Energy Forum, which brought together produ ...
Monday, 03 October 16
THERMAL COAL PRICE SHOOTS UP AND MADE THEIR VERTICAL MOVE IN 5 YEARS; PRICE RALLY CONTINUES
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, 03 October 16
DRY-BULK SHIPPING FREIGHTS SLIDE IN SOFTENING SPOT MARKET
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline slightly and ending in a negative note this past ...
Friday, 30 September 16
U.S. WEEKLY COAL OUTPUT FELL 2.3% - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Friday, 30 September 16
OPEC CUT SUPPORTS SLOW OIL RECOVERY, NOT STRONG REBOUND - FITCH
OPEC's oil production target announced this week signals the potential for greater co-ordination among its members, but the target itself is la ...
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- Asmin Koalindo Tuhup - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
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- Planning Commission, India
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
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- Interocean Group of Companies - India
- Independent Power Producers Association of India
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- Thiess Contractors Indonesia
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- Merrill Lynch Commodities Europe
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- Standard Chartered Bank - UAE
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- Ceylon Electricity Board - Sri Lanka
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- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- The Treasury - Australian Government
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- Barasentosa Lestari - Indonesia
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- ICICI Bank Limited - India
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- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
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- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
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- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- The University of Queensland
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- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
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- Agrawal Coal Company - India
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- IHS Mccloskey Coal Group - USA
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- Minerals Council of Australia
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- Coal and Oil Company - UAE
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- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
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- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
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- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
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- Baramulti Group, Indonesia
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- Toyota Tsusho Corporation, Japan
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- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
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- Siam City Cement PLC, Thailand
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- Australian Coal Association
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
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- Electricity Authority, New Zealand
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