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Friday, 29 December 17
U.S WEEKLY COAL PRODUCTION SLIGHTLY UP FOR THE WEEK ENDING 23 DEC, SAYS EIA
.jpg) COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.5 million short tons (mmst) of coal week on week (For the week ending December 23, 2017), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 2.4% higher than last week's estimate and 3.2% higher than the production estimate in the comparable week in 2016.
East of the Mississippi River produced totaled an estimated 5.8 mmst (flat w/w) and west of the Mississippi River produced totaled an estimated 9.7 mmst (up 3.19% w/w) according to weekly figures released by the US Energy Information Agency (EIA), on December 28, 2017.
U.S. year-to-date (as of December 23, 2017) coal production totaled an estimated totaled 760.4 mmst, 6.4% higher than the comparable year-to-date coal production in 2016.
11M 2017 Coal Output
Coal production for the first 11 months of 2017 is estimated to have been 719 million short tons (MMst), 54 MMst (8%) higher than production for the same period in 2016. Annual production is expected to be 791 MMst in 2017, falling to 771 MMst in 2018 because of lower exports and no growth in coal consumption
Coal Exports
U.S. coal exports for the first three quarters of 2017 were 69 MMst, 68% (28 MMst) higher than exports for the same period in 2016. This total for the first three quarters of 2017 is already 14% (8 MMst) higher than total annual coal exports in 2016. EIA expects that exports will total 89 MMst in 2017 and 74 MMst in 2018
U.S. Electricity Generation from Coal
EIA projects the 2017 share of generation from coal will average 30%, about the same as last year. EIA expects the share of total U.S. utility-scale electricity generation from natural gas will average about 32% in 2017, down from 34% in 2016 as a result of higher natural gas fuel costs and increased generation from renewable energy sources.
Source: EIA
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Wednesday, 06 July 16
MARKET INSIGHT - VASSILIS VASSILIOU
After a fairly silent first half of the year in the ship repair sector, we have finally a harmonized workload in the shipyards around the world. Ma ...
Tuesday, 05 July 16
DRY BULK SHIPPING'S RECOVERY NOT SEEN UNTIL 2018 - SGX
SGX freight derivative volumes totaled 36,542 contracts in June (-28% m/m; +52% y/y), while open interest averaged 121,189 contracts during the mon ...
Tuesday, 05 July 16
SPOT COAL INDEXES FOR INDONESIAN COAL CONTINUE TO HOLD FIRM - CS COAL INDEX
COALspot.com: Average 5000 GAR coal index of Indonesian origin was up by 0.83 percent week over week to averaging $39.98 per ton this past week, sh ...
Monday, 04 July 16
INDONESIA COAL PRICE REFERENCE CLIMBED 2.30% IN JULY
COALspot.com: The Indonesia Coal Benchmark Price increased in July 2016.
The Director General of Mineral and Coal of Indonesia, the r ...
Monday, 04 July 16
BDI ROSE ON STRONGER DEMAND ACROSS ALL VESSEL SEGMENTS
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this past week. The BDI was up 11.16 percent from la ...
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