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Monday, 19 December 16
U.S. WEEKLY COAL PRODUCTION DOWN 3.1% PERCENT WEEK ON WEEK
.jpg) COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.8 million short tons (mmst) of coal in a week (For the week ended December 10, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 3.1% lower than last week's estimate and 2.1% lower than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totalled an estimated 6 mmst (down 1.63% week over week) and west of the Mississippi River produced totalled an estimated 9.8 mmst (down 4.85% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on December 15, 2016.
U.S. year-to-date (as of December 10, 2016) coal production totaled an estimated 695.4 mmst, 18.9% lower than the comparable year-to-date coal production in 2015.
According to EIA, U.S. coal production in November 2016 was 70.7 million short tons (MMst), the third time this year monthly production exceeded 70 MMst. EIA further noted that, forecast annual coal production declines by 15% to 758 MMst in 2016, which would be the lowest level of coal production since 1978. Coal production is forecast to increase by 2% in 2017.
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 Coal exports in July 2016 totaled 3.3 million short tons (MMst), which was 40% lower than in June and the lowest amount of coal exported in any month since February 2007.
Exports for the first seven months of 2016 were 32% lower than in the same period in 2015. EIA forecasts U.S. coal exports will decline by 26% in 2016 to 55 MMst, the lowest level since 2006. Exports are expected to decline by an additional 5% 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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Thursday, 08 December 16
STABLE OUTLOOK FOR GLOBAL MINING IN 2017 : FITCH
Fitch Ratings' sector and rating outlooks for the global mining industry in 2017 are both stable, reflecting Fitch's view that prices have ...
Thursday, 08 December 16
CHINESE COAL DEMAND WOULD BE THE KEY FACTOR THAT INFLUENCE WORLD COAL PRICES IN 2017, POLL
“WHAT ARE THE KEY FACTORS THAT MAY INFLUENCE WORLD'S COAL PRICES IN 2017?”
The on-line opinion poll conducted by COALspot.com ...
Thursday, 08 December 16
PANAMAX: THE FIRM TENDENCY CONTINUES IN BOTH HEMISPHERES - FEARNLEY
Supramax
Market remained firm - true mostly within Atlantic.
Star performer USG remained its title, where Supras reached around USD 21k ...
Wednesday, 07 December 16
SHIPPING MARKET INSIGHT - THEODOROS NTALAKOS
Looking back at my previous end-of-year insights, for the last seven years, in each and every one of them, I begin with something like “there ...
Wednesday, 07 December 16
U.S. COAL PRODUCTION IS FORECAST TO INCREASE BY 2% IN 2017 - EIA
U.S. Coal production in November 2016 was 70.7 million short tons (MMst), the third time this year monthly production exceeded 70 MMst, says EIA.
...
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- Aboitiz Power Corporation - Philippines
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
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- Indonesian Coal Mining Association
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- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
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- South Luzon Thermal Energy Corporation
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- Alfred C Toepfer International GmbH - Germany
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- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
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- Latin American Coal - Colombia
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- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
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- Commonwealth Bank - Australia
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- Africa Commodities Group - South Africa
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- Kaltim Prima Coal - Indonesia
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- Ministry of Transport, Egypt
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- Grasim Industreis Ltd - India
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- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
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- Sical Logistics Limited - India
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- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
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- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Parliament of New Zealand
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- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
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- Planning Commission, India
- Sarangani Energy Corporation, Philippines
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
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- Global Green Power PLC Corporation, Philippines
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- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
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- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
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- LBH Netherlands Bv - Netherlands
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- The Treasury - Australian Government
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