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Friday, 23 December 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 711.1 MMST; DOWN 18.5% Y/Y - EIA
 COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short tons (mmst) of coal in a week (For the week ended December 17, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 0.8% lower than last week's estimate and 6.2% higher than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totalled an estimated 5.9 mmst (down 1.66% week over week) and west of the Mississippi River produced totalled an estimated 9.8 mmst (flat week over week), according to weekly figures released by the US Energy Information Agency (EIA), on December 22, 2016.
U.S. year-to-date (as of December 17, 2016) coal production totaled an estimated 711.1 mmst, 18.5% 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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Tuesday, 07 November 17
MECHEL SIGNED LONG-TERM COAL SUPPLY CONTRACT WITH ITOCHU CORPORATION
Mechel PAO a leading Russian mining and metals company, reports signing a framework agreement with a major Japanese universal trading company Itoch ...
Tuesday, 07 November 17
DRY BULK SHIPPING: TAKE GOOD CARE OF THE RECOVERY SAYS PETER SAND
Demand:
Even without much support from Brazilian iron ore exports during August, capesize rates went from $10,000 to $17,000 per day. In Septembe ...
Tuesday, 07 November 17
COAL MARKETS WERE RELATIVELY BUOYANT - DANIEL HYNES
Coal markets were relatively buoyant. Metallurgical coal prices were supported by the stronger steel and iron ore prices, says Daniel Hynes, Senior ...
Tuesday, 07 November 17
PROSPERITY AND WINTER WARMTH REMAIN PARAMOUNT IN CHINA - JEFFREY LANDSBERG
Chinese officials announced recently that 580 gigawatts of coal-derived electricity generation capacity has completed ultra-low emissions reform as ...
Monday, 06 November 17
COAL SHORTAGE HURTS INDIA'S HINDALCO AND VEDANTA SAYS BUSINESS STANDARD
Aluminium smelter operations of Vedanta and Hindalco are at risk of turning unviable due to a coal crunch.
According to Business Standard an I ...
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Showing 1891 to 1895 news of total 6871 |
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- SMC Global Power, Philippines
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- Australian Coal Association
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- Rio Tinto Coal - Australia
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- Karbindo Abesyapradhi - Indoneisa
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- Deloitte Consulting - India
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- Medco Energi Mining Internasional
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- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
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- PTC India Limited - India
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- Indian Oil Corporation Limited
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- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
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- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- The Treasury - Australian Government
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- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
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- Commonwealth Bank - Australia
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- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
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- Marubeni Corporation - India
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Romanian Commodities Exchange
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- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
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- Madhucon Powers Ltd - India
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- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
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- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
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- Sojitz Corporation - Japan
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- Mintek Dendrill Indonesia
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- Eastern Coal Council - USA
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- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
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- Jorong Barutama Greston.PT - Indonesia
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