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Friday, 20 January 17
U.S. WEEKLY COAL OUTPUT ESTIMATED 15.7 MMST; UP 14.1% W/W
.jpg) COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short tons (mmst) of coal in a week (For the week ended January 14, 2017), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 14.1% higher than last week's estimate and 13.4% higher than the production estimate in the comparable week in 2016.
East of the Mississippi River produced totalled an estimated 6.3 mmst (up 14.54% week over week) and west of the Mississippi River produced totalled an estimated 9.4 mmst (up 13.25% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on January 19, 2017.
U.S. year-to-date (as of January 14, 2017) coal production totaled an estimated 29.5 mmst, 9.2% higher than the comparable year-to-date coal production in 2016.
Coal Exports
According to EIA's Quarterly Coal Report, the third quarter 2016 U.S. coal exports (12.6 million short tons) decreased 11.7% from second quarter 2016 and decreased 25.8% from third quarter 2015. The average price of U.S. coal exports during the third quarter 2016 was $67.24 per short ton.
Coal Imports
EIA further says in its Quarterly Coal Report, the United States continued to import coal primarily from Colombia (79.7%), Canada (11.8%), and Indonesia (6.2%).
No imports were recorded from Australia for third quarter 2016.
U.S. coal imports in third quarter 2016 totaled 2.7 million short tons. The average price of U.S. coal imports during the third quarter 2016 was $62.70 per short ton.
November Coal Output
According to EIA, U.S. coal output in November 2016 was 70.7 million short tons (MMst), the third time this year monthly production exceeded 70 MMst. 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.
Source: EIA
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Thursday, 01 December 16
OIL PRICES MAY SEE LITTLE GROWTH BEFORE 2018, FITCH RATINGS SAYS
High inventories and the potential for US shale production to respond quickly to any market tightening mean oil prices may flat line in 2017 before ...
Thursday, 01 December 16
CHINA 2017 OIL, GAS OUTPUT DROP MAY WORSEN ON CAPEX CUT: FITCH
China's oil and gas production may shrink even more in 2017 than in 2016 after the country's leading oil companies cut exploration and prod ...
Thursday, 01 December 16
ANOTHER WONDERFUL WEEK FOR PANAMAX - FEARNLEY
Supramax
A slower start to the week in the Pacific compared to last Trips from N. China to S. China is paying in the range of low USD 5k, while I ...
Tuesday, 29 November 16
AUSTRALIA'S PORT OF NEWCASTLE SHIPPED 13.08 MT OF COAL IN OCTOBER; DOWN 10.39% M/M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU1,124.7 Mi ...
Tuesday, 29 November 16
US WEEKLY COAL OUTPUT TOTALS 17.2 MMST, UP 2.8% : EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 17.2 million short ton ...
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- Ministry of Mines - Canada
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