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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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Thursday, 10 December 15
FOB RICHARDS BAY COAL Q3' 16 DELIVERY SWAP WAS CLOSED 7.27% PER TON LOWER COMPARED TO AVERAGE Q1' 16 DELIVERY PRICE
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 decline month over month and week over week.
The Q1’ 2016 &nbs ...
Wednesday, 09 December 15
U.S. COAL EXPORTS DECLINE IN 2015 DUE TO SLOWER GROWTH IN WORLD COAL DEMAND AND LOWER INTERNATIONAL COAL PRICES - EIA
COALspot.com: The slower growth in world coal demand and lower international coal prices have contributed to a decline in U.S. coal exports in 2015 ...
Wednesday, 09 December 15
DRY BULK EXPERIENCES THE PERFECT STORM - PANOS TSILINGIRIS
Dry bulk experiences the perfect storm as the slowing of demand predominantly because of China sat atop the exaggerated oversupply. The BDI broke t ...
Tuesday, 08 December 15
OPEC'S DECISION BODES WELL FOR THE TANKER MARKET: STRONG MIDDLE EAST CRUDE EXPORTS WILL CONTINUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
OPEC’s latest decision to keep up oil production is seen by shipbrokers as a further boost for the tanker market. At the end of last year OPE ...
Tuesday, 08 December 15
Q1' 16 API 5 FOB NEWCASTLE COAL SWAP CLOSED AT $ 36.73 A TON; 1.73% HIGHER COMPARED TO Q3' 16 PRICE
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $1.47 per ton (3.85%) month over month to US$ 36.73 per ton. The swap ...
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