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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, 21 October 15
MARKET INSIGHT - TIMOS PAPADIMITRIOU
In today’s dry bulk market, both freight rates and asset prices are creating mixed feelings to seasoned ship owners, who tend to instinctivel ...
Wednesday, 21 October 15
INDONESIAN COAL MINER BUKIT ASAM POSTS POSITIVE PERFORMANCE DURING FIRST THREE QUARTERS OF 2015
COALspot.com: Indonesian publicly listed and state controlled coal miner PT. Bukit Asam has announced that, the company’s coal sales up 8 per ...
Wednesday, 21 October 15
LOWER DEMAND HIT Q1' 16 INDONESIA COAL SWAPS
COALspot.com: Indonesian coal swap for delivery Q4 2015 declined month on month and week over week.
The Q4 swap declined $ 1.88 (-4.71%) per t ...
Tuesday, 20 October 15
SHIPBROKER SEES CAPESIZE RATES EASILY REACHING $25,000/DAY BY YEAR-END : NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The future course of the dry bulk market has been troubling market participants for quite some time now, as the “elusive” freight rate ...
Tuesday, 20 October 15
FOB RICHARDS BAY COAL SWAPS SINK INTO RED THIS PAST WEEK
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 declined week over week and month over month.
The Q4 swap was down US$ ...
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- Goldman Sachs - Singapore
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