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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 tons (mmst) of coal in a week (For the week ended September 10, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 6.2% lower than last week's estimate and 14.5% lower than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totalled an estimated 5.5 mmst (down 5.17% week over week) and west of the Mississippi River produced totalled an estimated 9.6 mmst (down 5.88% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on September 15, 2016.
U.S. year-to-date (as of September 10, 2016) coal production totalled an estimated 485.1 mmst, 24% 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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Friday, 07 October 16
INDONESIA'S DEMAND FOR COAL REMAINS STRONG: BP
Indonesia's domestic demand for coal shows no sign of slowing down as the country is banking on its coal abundance to meet the country' ...
Friday, 07 October 16
CEYLON SHIPPING CORPORATION HAS TAKEN DELIVERY OF COAL CARRIER MV.CEYLON PRINCESS
Sri Lanka’s Ceylon Shipping Corporation (CSC) has taken delivery of its second newly built bulk carrier for the transportation of coal to pow ...
Friday, 07 October 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALLED AN ESTIMATED 540.5 MMST; DOWN 21.9% Y-O-Y, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.7 million short ton ...
Thursday, 06 October 16
SHIPS IN PACIFIC ACHIEVE JUST ABOVE $10K DAILY FOR A BRAZIL ROUND VOYAGE - FEARNLEYS
Supramax
Slower week with limited activity due to holidays in the East. Mixed feelings within different markets, with slight downturn in Pacific ...
Wednesday, 05 October 16
OPEC TO SHUT OFF MORE THAN 6 PERCENT OF ITS PRODUCTION; MIXED FEELING AMONGST TRADERS - ALLIED
OPEC recent accord to shut off more than 6 percent of its production this past week has been met with mixed feeling amongst traders. As we mo ...
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- Australian Commodity Traders Exchange
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- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
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- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
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- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
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- Parliament of New Zealand
- London Commodity Brokers - England
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- Pipit Mutiara Jaya. PT, Indonesia
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- Trasteel International SA, Italy
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- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
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- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
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- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
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- Orica Mining Services - Indonesia
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
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- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
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- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- White Energy Company Limited
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- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
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- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
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- Economic Council, Georgia
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- Directorate General of MIneral and Coal - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
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- Planning Commission, India
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