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Thursday, 15 July 21
IN 2020, U.S. COAL PRODUCTION FELL TO ITS LOWEST LEVEL SINCE 1965 - EIA
 U.S. coal production totaled 535 million short tons (MMst) in 2020, a 24% decrease from the 706 MMst mined in 2019 and the lowest level of coal production in the United States in any year since 1965.
The decline of U.S. coal production in 2020 was largely the result of less demand for coal internationally and less U.S. electric power sector demand for coal. Lower natural gas prices made coal less competitive for power generation. U.S. coal-fired generation fell 20% from 2019. Natural gas prices started 2020 relatively low because mild winter weather led to less natural gas demand for space heating, and prices remained low as the economic effects of the COVID-19 pandemic reduced both natural gas production and consumption.
U.S. coal exports were 26% lower in 2020 than they were in 2019. The COVID-19 pandemic slowed global demand for coal, and some U.S. coal mines were idled for extended periods to slow the spread of the virus among workers. Coal exports decreased significantly in April 2020 as the United States and countries around the world responded to the pandemic.
The Clean Air Act of 1970 restricted sulfur emissions from new coal-fired power plants. One way for coal plants to meet the emissions regulations was to use subbituminous coal, which has a lower sulfur content than other coal types. This change, along with the oil shortages and the resulting high oil prices of the 1970s that made coal more economical, contributed to the expansion of mining and the development of large, open-pit coal mines in the Powder River Basin (located in Northeast Wyoming and Southeast Montana), where the majority of subbituminous coal in the United States is found. One of the largest U.S. coal-producing mines by volume, Black Thunder, opened in Wyoming in 1977. Today, the Powder River Basin accounts for approximately 43% of all coal produced in the United States.
More coal is produced in Wyoming, representing 41% of U.S. coal production (219 MMst) in 2020, than in any other state. Coal production in Wyoming was 21% lower in 2020 than it was in 2019.
Coal production in West Virginia, the state with the second-most coal output, fell by an even larger share than Wyoming in 2020, declining 28% from 2019. West Virginia is a primary producer of metallurgical coal, which is used to produce coke, the primary fuel for steelmaking. U.S. metallurgical coal exports dropped 20% in 2020.
Coal production stopped after the first quarter of 2020 in Oklahoma and Tennessee.
We estimate weekly coal production using coal railcar loadings. So far in 2021, weekly coal railcar loadings have been trending higher than 2020 levels, and the most recent year-to-date coal railcar loadings are up 9.5% compared with 2020.
We expect these increases in production to continue for the remainder of 2021. In our latest Short-Term Energy Outlook (STEO), we forecast that U.S. coal production will increase by 15% in 2021, driven primarily by rising electricity demand, and U.S. exports will increase by 21%, driven by rising demand for steam coal in Europe and Asia.
Principal contributor: Rosalyn Berry
Source: EIA
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Wednesday, 06 October 21
EUROPEAN COAL FUTURES CLIMB TO 13-YEAR PEAK - REUTERS
European coal futures rose to a 13-year high and physical thermal coal prices were at record highs as rallying gas prices and strong Asian demand f ...
Tuesday, 05 October 21
CAPESIZE MARKET WAS IN A STEEP CLIMB FOR MOST OF THIS WEEK - BALTIC EXCHANGE
Capesize
The Capesize market was in a steep climb for most of this week as it reached a pinnacle of $74,786 Wednesday before stalling, regather ...
Wednesday, 29 September 21
THE WRITING IS ON THE WALL: AUSTRALIA’S COAL ERA IS OVER - YAHOO!FINANCE
As the fringe of Australian politics strives to pump up the coal industry, facts show that coal production has started its long run decline.
&n ...
Wednesday, 29 September 21
SURGING COAL PRICES SPLIT ASIAN BUYERS INTO RICH AND POOR - REUTERS
As seaborne coal in Asia trades at, or near, record highs, there are early signs of demand destruction, especially among price-sensitive buyers suc ...
Wednesday, 29 September 21
MARKET INSIGHT - INTERMODAL
Tanker Asset values have surprised to the upside, despite the downward pressure on the freight market. Tanker rates have been hovering close to the ...
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- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- The University of Queensland
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
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