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Wednesday, 12 August 20
U.S. COAL PRODUCTION IN 2020 WILL DECREASE BY 29% FROM 2019 LEVELS TO 502 MMST - EIA
EIAU.S. coal consumption, which dropped to its lowest point since April, totaled 95 MMst in the second quarter of 2020. 
 
EIA expects coal consumption to rise to a seasonal peak of 127 MMst in the third quarter but remain lower than 2019 levels through the end of 2020. 
 
Accordingto EIA's estimates, the U.S. coal consumption will decrease by 26% in 2020 and increase by 20% in 2021. 
 
EIA is also estimates that total U.S. coal production in 2020 will decrease by 29% from 2019 levels to 502 MMst. In 2021, EIA expects higher demand and rising natural gas prices to a lead to a recovery in coal production of 12%, with a total annual production level of 564 MMst. 


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Recent News

Wednesday, 29 July 20
2019 U.S. COAL PRODUCTION FALLS TO ITS LOWEST LEVEL SINCE 1978 - EIA
In 2019, U.S. coal production totaled 706 million short tons (MMst), a 7% decrease from the 756 MMst mined in 2018. Last year’s production wa ...


Wednesday, 29 July 20
MARKET INSIGHT - INTERMODAL
The dry bulk sector is beginning to recover from reduced SnP activity recorded in the first quarter of 2020. The table below illustrates that appro ...


Tuesday, 28 July 20
DEUTSCHE BANK TO END GLOBAL BUSINESS ACTIVITIES IN COAL MINING BY 2025 - REUTERS
Deutsche Bank, in a revamp of its policies for fossil fuels, said on Monday that it would end business activities worldwide related to coal mining ...


Monday, 27 July 20
IEEFA ENERGY FINANCE CONFERENCE 2020: COAL, LNG, PETROCHEMICAL SECTORS FACE POOR OUTLOOK AND UPHILL BATTLE FOR INVESTORS
Fossil fuel industries were becoming less financially attractive even before the global coronavirus pandemic   Three major fossil fuel ...


Friday, 24 July 20
IPA: THERMAL COAL IMPORTS AT MAJOR PORTS DECLINE 35 PC TO 17.71 MT IN APR TO JUNE - ECONOMIC TIMES
These ports had handled 27.13 MT of thermal coal and 14.95 MT of coking coal in the April-June period of the previous financial year   ...


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