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Friday, 03 February 17
U.S. WEEKLY COAL PRODUCTION DECLINED 3.9% W/W; ROSE 17.7% Y/Y
EIACOALspot.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 January 28, 2017), EIA said in its latest report.

According to EIA’s latest report, this production estimate is 3.9% lower than last week's estimate and 17.7% higher than the production estimate in the comparable week in 2016.

East of the Mississippi River produced totalled an estimated 6.4 mmst (down 3.03% week over week) and west of the Mississippi River produced totalled an estimated 9.7 mmst (down 3.96% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on February 2, 2017.

U.S. year-to-date (as of January 28, 2017) coal production totaled an estimated 62.4 mmst, 13.6% higher than the comparable year-to-date coal production in 2016.

Coal Exports
According to EIA's Quarterly Coal Report, the third quarter 2016 U.S. coal exports (12.6 million short tons) decreased 11.7% from second quarter 2016 and decreased 25.8% from third quarter 2015. The average price of U.S. coal exports during the third quarter 2016 was $67.24 per short ton.

Coal Imports
EIA further says in its Quarterly Coal Report, the United States continued to import coal primarily from Colombia (79.7%), Canada (11.8%), and Indonesia (6.2%).

No imports were recorded from Australia for third quarter 2016.

U.S. coal imports in third quarter 2016 totaled 2.7 million short tons. The average price of U.S. coal imports during the third quarter 2016 was $62.70 per short ton.

November Coal Output
According to EIA, U.S. coal output 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.
Source: EIA


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Recent News

Tuesday, 21 February 17
CHINESE EXPORTS SHOWED A YEAR-ON-YEAR RISE FOR THE FIRST TIME IN TEN MONTHS; S. KOREA'S EXPORTS UP FOR PAST THREE MONTHS IN A ROW - GEORGE LAZARIDIS
We have started to some sparks of life in the commodities markets these past weeks, with prices having shown a strong push during the past couple o ...


Tuesday, 21 February 17
CHINA SUSPENDS COAL IMPORTS FROM NORTH KOREA FROM 19 FEB
COALspot.com: China is suspended coal imports from North Korea until December 2017. China says it will suspend all imports of coal from North Korea ...


Monday, 20 February 17
OCEAN FREIGHT RATES SLIGHTLY UP WEEK OVER WEEK
COALspot.com: The Freight market was firmed up this past week. The Panamax segment was declined for the week ending 17 February 2017. The Balt ...


Friday, 17 February 17
U.S. COAL PRODUCTION SLIPS SLIGHTLY WEEK OVER WEEK, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.5 million sh ...


Thursday, 16 February 17
CAPE MARKET HAVE EXPERIENCED A STRONG DOWNTURN - FEARNLEYS
Supramax Market has shifted sides from Atlantic to Pacific, where Atlantic is now lagging behind with little action and sliding indices, notably ...


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