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Wednesday, 07 December 16
U.S. COAL PRODUCTION IS FORECAST TO INCREASE BY 2% IN 2017 - EIA
EIAU.S. Coal production in November 2016 was 70.7 million short tons (MMst), the third time this year monthly production exceeded 70 MMst, says EIA.

According to EIA report posted on its website says, monthly coal production exceeded 70 MMst nine times in 2015 and in every month in 2014.

EIA further noted that, forecast annual coal production declines by 15% to 758 MMst in 2016, which would be the lowest level of coal production since 1978. Coal production is forecast to increase by 2% in 2017.

Despite recent increases in global coal prices, spot U.S. coal prices have remained unchanged for the past six weeks. The delivered coal price averaged $2.23/MMBtu in 2015. Forecast coal prices average $2.14/MMBtu in 2016 (a 4% decline) and $2.21/MMBtu in 2017 (a 3% increase), says EIA


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Monday, 30 January 17
DUE TO LUNAR YEAR HOLIDAYS, THE FREIGHT MARKET STAYED WEAK
COALspot.com: Due to Lunar year holidays and celebration, the Freight market was down in all segments this past week. The Baltic Exchange, tra ...


Friday, 27 January 17
U.S WEEKLY COAL OUTPUT RISES FOR THIRD STRAIGHT WEEK
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.8 million short ton ...


Wednesday, 25 January 17
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Remember that old but classic song called “Destination Unknown”? Well that is where the oil market is heading right now. The song made ...


Tuesday, 24 January 17
MARKET UPDATE - ALLIED
This week at the World Economic Forum in the Swiss resort of Davos we had a historic first via the attendance and speech given by China’s pre ...


Monday, 23 January 17
THE PORT OF NEWCASTLE SHIPPED $AU 15.279 BILLION WORTH OF 161.399 MILLION TONS OF COAL IN 2016
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU 1,453.1 M ...


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