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Friday, 23 September 16
EIA SEES U.S. COAL WEEKLY OUTPUT INCREASE
 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 17, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 6.6% higher than last week's estimate and 11.2% lower than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totalled an estimated 5.8 mmst (up 5.45% week over week) and west of the Mississippi River produced totalled an estimated 10.3 mmst (up 7.29% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on September 22, 2016.
U.S. year-to-date (as of September 17, 2016) coal production totalled an estimated 501.2 mmst, 23.7% 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, 10 May 16
VOLATILITY? VARIATION NO ENIGMA TO SHIPPING..... - CLARKSONS
Along with cyclicality, the other characteristic of the shipping markets which receives frequent mention is volatility. This is so evident that the ...
Monday, 09 May 16
INDONESIAN CS COAL INDICES UP CONTINUES; POSITIVE DIRECTION
COALspot.com: Average 5000 GAR coal index of Indonesian origin up 0.10 percent week over week to averaging $38.82 per ton on this past Wednesday, a ...
Monday, 09 May 16
DRY BULK SHIPPING TO WITNESS STEADY PROGRESS MOVING FORWARD ON THE BACK OF GROWING TRADE VOLUMES - BIMCO
In its latest short-term analysis of the shipping markets, BIMCO reiterated its optimism on the prospects of the dry bulk market moving forward. Ac ...
Monday, 09 May 16
BALTIC DRY INDEX ENDS WEEK ON A NEGATIVE NOTE
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this week.
The freight market was weak and a ...
Friday, 06 May 16
U.S. WEEKLY COAL PRODUCTION UP 9 PERCENT W/W; DOWN 35.3 PERCENT Y/Y - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.3 million short to ...
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- San Jose City I Power Corp, Philippines
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- Thai Mozambique Logistica
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- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Minerals Council of Australia
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- Wood Mackenzie - Singapore
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- CNBM International Corporation - China
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- PowerSource Philippines DevCo
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- Australian Coal Association
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- McConnell Dowell - Australia
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- Straits Asia Resources Limited - Singapore
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- IEA Clean Coal Centre - UK
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- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
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- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
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- Eastern Coal Council - USA
- Chamber of Mines of South Africa
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- Thiess Contractors Indonesia
- Economic Council, Georgia
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- New Zealand Coal & Carbon
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- Australian Commodity Traders Exchange
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- Medco Energi Mining Internasional
- Interocean Group of Companies - India
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- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
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- Mintek Dendrill Indonesia
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- Asmin Koalindo Tuhup - Indonesia
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- Bulk Trading Sa - Switzerland
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- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
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- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
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- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
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- Planning Commission, India
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- Toyota Tsusho Corporation, Japan
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- The University of Queensland
- Globalindo Alam Lestari - Indonesia
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- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Parliament of New Zealand
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- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
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- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
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- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
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- Anglo American - United Kingdom
- SMG Consultants - Indonesia
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- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
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- India Bulls Power Limited - India
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- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
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- Metalloyd Limited - United Kingdom
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- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
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