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Friday, 04 August 17
U.S. WEEKLY COAL OUTPUT UP 4.4% W/W - EIA
EIACOALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 16.1 million short tonnes (mmst) of coal week on week (For the week ending July 29, 2017), EIA said in its latest report.

According to EIA’s latest report, this production estimate is 4.4% higher than last week's estimate and 13.1% higher than the production estimate in the comparable week in 2016.

East of the Mississippi River produced totaled an estimated 6  mmst (up 3.44% week over week) and west of the Mississippi River produced totaled an estimated 10.1 mmst (up 4.12% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on August 3, 2017.

U.S. year-to-date (as of July 29, 2017) coal production totaled an estimated 449.7 mmst, 14.9% higher than the comparable year-to-date coal production in 2016.

2016 Coal Output
U.S. coal production is estimated to have declined by 158 million short tonnes (MMst) (18%) in 2016 to 739 MMst, which would be the lowest level since 1978. EIA expects growth in coal-fired electricity generation to contribute to a 3% increase in coal production in 2017. Coal production is expected to increase by 1% in 2018.

Coal Exports
Coal exports for the first quarter of 2017 were 58% higher than in the same quarter last year, with steam coal exports increasing by 6 million short tons (MMst). EIA expects growth in coal exports to slow in the coming months, with exports for all of 2017 forecast at 72 MMst, 11 MMst (19%) above the 2016 level. The increase in coal exports contributes to an expected 8% increase in coal production in 2017.

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 tonne.

U.S. Electricity Generation From Coal
EIA expects the share of U.S. total utility-scale electricity generation from Coal rises from 30% in 2016 to 31% in both 2017 and 2018.
Source: EIA


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Recent News

Friday, 13 October 17
U.S. COAL EXPORTS FOR THE FIRST SEVEN MONTHS OF 2017 TOTALED 51 MMST; UP 62% YOY, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2  million shor ...


Thursday, 12 October 17
THERMAL COAL PRICES IN EUROPE AND ASIA PUSHING HIGHER - DANIEL HYNES
Coal markets took the lead from the oil market, with thermal coal prices in Europe and Asia pushing higher says Daniel Hynes,Senior Commodity Strat ...


Wednesday, 11 October 17
2020 DEBATE AT IBIA'S LISW EVENT: COMPLIANCE & ENFORCEMENT – IT'S COMPLICATED : IBIA
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Wednesday, 11 October 17
SHIPPING MARKET INSIGHT - TIMOS PPADIMITRIOU
With the majority of second-hand tonnage transactions taking place in the dry bulk sector it’s easy to lose sight of what is happening over a ...


Tuesday, 10 October 17
DELIVERY OF CARGO WITHOUT ORIGINAL BILLS OF LADING - UK P&I CLUB
KNOWLEDGE TO ELEVATE - It is common in a lot of trades, whether bulk or oil, to accept a Letter of Indemnity (“LOI”) for non-produ ...


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