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Friday, 09 September 16
U.S. WEEKLY COAL OUTPUT DECLINED SLIGHTLY TO 16.1 MMST, EIA SAYS
 COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short tons (mmst) of coal in a week (For the week ended September 3, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 1% lower than last week's estimate and 15.2% lower than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totalled an estimated 5.8 mmst (up 1.72% week over week) and west of the Mississippi River produced totalled an estimated 10.2 mmst (up 1.99% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on September 8, 2016.
U.S. year-to-date (as of September 3, 2016) coal production totalled an estimated 470 mmst, 24.3% lower than the comparable year-to-date coal production in 2015.
According to EIA, U.S. coal production in August was 71 million short tons (MMst), an 6 MMst (9%) increase from the previous month but 12 MMst (14%) lower than in August 2015. In 2016, coal production is expected to decrease by 164 MMst (18%), which would be the largest decline in terms of both tons and percentage since at least 1949.
U.S's domestic coal consumption in the electric power sector, which accounts for more than 90% of total U.S. coal consumption, is forecast to decline by 64 MMst (9%) in 2016, says EIA in its recent report.
EIA, further noted that, the decline is a result of both competition with low-priced natural gas and relatively mild weather in the first half of 2016 that reduced overall electricity generation.
Coal Exports
According to EIA's Quarterly Coal Report, the first quarter 2016 U.S. coal exports (14.2 million short tons) decreased 7.5% from fourth quarter 2015 and decreased 35.6% from first quarter 2015. However, the EIA’s Short-term energy outlook noted that, U.S. Coal exports in June 2016 were 1 MMst (29%) higher than in the previous month, but exports for the first six months of 2016 were 32% (13 MMst) lower than the amount exported in the first half of 2015.
EIA forecasts that, the U.S. coal exports to decline by 19 MMst (25%) in 2016 to 55 MMst, the lowest level in 10 years. Exports are expected to decline by 4 MMst (8%) in 2017.
Coal Imports
EIA further says in its Quarterly Coal Report, continued to import coal primarily from Colombia (81.2%), Canada (8.9%), and Indonesia (7.4%). U.S. coal imports in first quarter 2016 totaled 2.7 million short tons. The average price of U.S. coal imports during the first quarter 2016 was $63.97 per short ton.
Source: EIA
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Tuesday, 18 October 16
COAL PRICES KEPT CLIMBING
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...
Tuesday, 18 October 16
PANAMAX: A FAIRLY POSITIVE END TO THE WEEK - ALLIED
Capesize
Things seemed to be moving sideways during the first half of the week, with resistance being felt as owners tried to resist any further ...
Monday, 17 October 16
THE FREIGHT MARKET WAS SOFTENED IN ALL SEGMENTS THIS PAST WEEK - VISTAAR
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline slightly and ending in a negative note this past ...
Friday, 14 October 16
SUPRAMAXES: DELIVERY SINGAPORE ARE SETTLING AROUND HIGH 6K'S FOR COAL TRIPS TO CHINA VIA INDO - FEARNLEY
Supramax
Wait and see attitude prevailing all over the market.
There have been several fresh cargoes, which have been efficiently covered by ...
Friday, 14 October 16
U.S. SHIPPED 3.3 MMST COAL IN JULY 2016; DECLINE 40% M/M
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.6 million short ton ...
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- Minerals Council of Australia
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- Semirara Mining Corp, Philippines
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- Salva Resources Pvt Ltd - India
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
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- Planning Commission, India
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- Indian Oil Corporation Limited
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- Indogreen Group - Indonesia
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
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- Semirara Mining and Power Corporation, Philippines
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- Ministry of Mines - Canada
- Bhatia International Limited - India
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- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Parliament of New Zealand
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- Karbindo Abesyapradhi - Indoneisa
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- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Tamil Nadu electricity Board
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- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
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- New Zealand Coal & Carbon
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- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
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- Sree Jayajothi Cements Limited - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
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- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
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- Siam City Cement - Thailand
- Interocean Group of Companies - India
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- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
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- CNBM International Corporation - China
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- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
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- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
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- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
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- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
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- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
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- Romanian Commodities Exchange
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- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
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