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Friday, 09 June 17
U.S WEEKLY COAL OUTPUT WAS FLAT WEEK OVER WEEK - EIA
EIACOALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15 million short tonnes (mmst) of coal week on week (For the week ended June 3, 2017), EIA said in its latest report.

According to EIA’s latest report, this production estimate is about the same as last week's estimate and 23.7% higher than the production estimate in the comparable week in 2016.

East of the Mississippi River produced totaled an estimated 6 mmst (no change week over week) and west of the Mississippi River produced totaled an estimated 9 mmst (flat week over week), according to weekly figures released by the US Energy Information Agency (EIA), on June 8, 2017.

U.S. year-to-date (as of June 3, 2017) coal production totaled an estimated 329.3 mmst, 17.7% higher than the comparable year-to-date coal production in 2016.

2016 Coal Output
U.S. coal production is estimated to have declined by 158 million short tonnes (MMst) (18%) in 2016 to 739 MMst, which would be the lowest level since 1978. EIA expects growth in coal-fired electricity generation to contribute to a 3% increase in coal production in 2017. Coal production is expected to increase by 1% in 2018.

Coal Exports
Coal exports for the first quarter of 2017 were 58% higher than in the same quarter last year, with steam coal exports increasing by 6 million short tons (MMst). EIA expects growth in coal exports to slow in the coming months, with exports for all of 2017 forecast at 72 MMst, 11 MMst (19%) above the 2016 level. The increase in coal exports contributes to an expected 8% increase in coal production in 2017.

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 totalled 2.7 million short tonnes. The average price of U.S. coal imports during the third quarter 2016 was $62.70 per short tonne.

U.S. Electricity Generation
EIA expects the share of U.S. total utility-scale electricity generation from Coal rises from 30% in 2016 to 31% in 2017 and 2018.
Source: EIA


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Recent News

Friday, 04 August 17
U.S. WEEKLY COAL OUTPUT UP 4.4% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 16.1 million short tonn ...


Friday, 04 August 17
IMPORTED COAL CONTINUES TO BE A COMPETITIVE, SAFE AND RELIABLE ENERGY SOURCE FOR GERMANY - VDKI
COALspot.com: Worldwide hard coal production in 2016 declined by 3.8% to 6.7 billion tonnes. According to the Germany Coal Importers Associati ...


Thursday, 03 August 17
SUPRAMAX: INDO TO CHINA COAL ROUNDS ARE GETTING FIXED AROUND MID $8000 - FEARNLEYS
In the Pacific rates have remained weak and under pressure this week with most routes softening. Indo/China coal rounds are getting fixed arou ...


Thursday, 03 August 17
BUMI RESOURCES COAL SALES RELATIVELY FLAT AT 41.5 MILLION TONS IN 1H' 17; REPORTS US$162.3 MILLION PROFIT IN FIRST SEMESTER
COALspot.com: The BUMI Resources, Indonesia’s one of the largest coal producer, has reported a net income of $162.3 million in 1H’ 17 c ...


Wednesday, 02 August 17
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
During the duration of the first half of the year, the dry bulk market saw intense buying interest that boosted SnP prices significantly. We saw a ...


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