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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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Thursday, 23 September 21
RECORD-HIGH GAS PRICES AFFECT MANY EUROPEAN CORPORATE SECTORS - FITCH RATINGS
Record-high natural gas prices are putting pressure on supply chains of many European corporate sectors, including non-integrated energy suppliers, ...
Wednesday, 22 September 21
MARKET INSIGHT - INTERMODAL
The unfolding last week of a trilateral defence pact between the United States, Australia, the United Kingdom (AUKUS) envisages a wide range of col ...
Tuesday, 21 September 21
CHINESE COAL IMPORTS FROM AUSTRALIA DROP 98.6% AS RESTRICTIONS BITE - BIMCO
In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tonnes as Chinese restrictions on Australian c ...
Tuesday, 21 September 21
CHINA'S COAL OUTPUT RESUMES GROWTH IN AUGUST - XINHUA
China’s raw coal output rose 0.8 percent year on year to 340 million tonnes last month, official data showed.
The growth rate ...
Wednesday, 15 September 21
MARKET INSIGHT - INTERMODAL
Following the oil price sell off during most of August, partly triggered by oil demand fears amid the delta COVID variant, oil prices have resumed ...
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- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Posco Energy - South Korea
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
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