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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

Thursday, 10 September 20
DRY BULK SHIPPING: CHINA'S DEMAND KEEPING THE DRY BULK MARKET GOING - PETER SAND | BIMCO
Overview An impressive recovery in Chinese dry bulk imports has protected the industry from the effects of falling demand in the rest of the wo ...


Thursday, 10 September 20
TANKER SHIPPING: FREIGHT RATES BACK AT LOSS-MAKING LEVELS AFTER 12 VERY PROFITABLE MONTHS - BIMCO
Overview A stunningly strong 12 months for the tanker shipping industry is now being replaced by lower freight rates, as lower oil product ...


Thursday, 10 September 20
INDIA'S COAL IMPORTS STUMBLE IN AUGUST, RAISING RISK OF SLOW RECOVERY - REFINITIV | BANCHERO COSTA
After posting a mild recovery in July, India's coal imports have stumbled in August as the South Asian nation battles to  restart  it ...


Thursday, 10 September 20
THE FIRST 8 MONTHS OF 2020, INDONESIA EXPORTED 217.4 MLN TONNES OF COAL BASED ON REFINITIV - BANCHERO COSTA
The coal market has been hit by a weaker global economy as a result of COVID-19 pandemic and falling industrial  electricity  demand  ...


Wednesday, 09 September 20
MARKET INSIGHT - INTERMODAL
The uneventful summer lull which is coming to an end soon has left its stigma on the newbuilding market, which has already been devastated by the g ...


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