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Friday, 29 April 16
U.S. COAL IMPORTS IN Q4' 15 DECLINED TO 2.7 MMST FROM 3 MMST IN Q3' 15
.jpg) COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 10.3 million short tons (mmst) of coal in a week (For the week ended April 23, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 6.8% lower than last week's estimate and 38.7% lower than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totaled an estimated 3.9 mmst (decline 7.14% week over week) and west of the Mississippi River produced totaled an estimated 6.4 mmst (decline 5.88% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on April 28, 2016.
U.S. year-to-date (as of April 23, 2016) coal production totaled an estimated 199.9 mmst, 32.8% lower than the comparable year-to-date coal production in 2015. While, U.S. coal production during Q4'15 totaled 207.4 million short tons, 12.6% lower than the previous quarter and 18.2% lower than Q4' 14.
According to EIA's Quarterly Coal Report, Q4' 15 U.S. coal exports decreased 9.5% from third quarter 2015 and decreased 31.3% from fourth quarter 2014. Coal exports have declined for eleven quarters in a row. U.S shipped around 15.3 million short tons of coal in 4Q' 15 and the average price of U.S. coal exports during the Q4' 15 was $68.61 per short ton.
EIA further says in its report that, the United States continued to import coal primarily from Colombia (78.9%), Canada (12.6%), and Indonesia (4.4%). U.S. coal imports in Q4' 15 declined to 2.7 million short tons from 3.0 million short tons in Q3' 15. The average price of U.S. coal imports during the fourth quarter 2015 was $70.48 per short ton.
Source: EIA
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Monday, 04 April 16
CAPE INDEX JUMPED 70% WEEK ON WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week.
The freight market was ...
Friday, 01 April 16
ASSESSING THE DRY BULK MARKET AT ROCK BOTTOM - CLARKSONS
While the opening months of the year are typically a weak period for the dry bulk market, the downturn so far this year has been severe. Earnings h ...
Friday, 01 April 16
NINE AM - TIME TO GET AN INDONESIAN LANGUAGE VERSION OF YOUR CHARTERPARTIES - CLYDE & CO
KNOWLEDGE TO ELEVATE
For several years, Indonesian law (Article 31, Law Number 24 of 2009) has required that memoranda of understanding (" ...
Friday, 01 April 16
U.S. COAL PRODUCTION UP SLIGHTLY WEEK OVER WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 11.6 million shor ...
Thursday, 31 March 16
CAPE: ANOTHER UNEVENTFUL WEEK WITH FIXTURES CONCLUDED AT LAST DONE LEVELS - FEARNLEYS
Cape
Another uneventful week with fixtures concluded at last done levels, CS levels remain around the USD 3 mark, whilst C3 is still just short o ...
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- Alfred C Toepfer International GmbH - Germany
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- Karbindo Abesyapradhi - Indoneisa
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