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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

Monday, 24 April 17
THE FREIGHT MARKET WAS DOWN WEEK OVER WEEK EXCEPT FOR HANDYSIZE SEGMENT
COALspot.com: The Freight market was fell, week over a week as all segments show a negative downward trend except Handy Size segment this past week ...


Friday, 21 April 17
US WEEKLY COAL OUTPUT ON THE UP, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.9 million short ton ...


Thursday, 20 April 17
SHIPPING POOLS: DON'T JUST DIVE IN - MOORE STEPHENS
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Thursday, 20 April 17
THE DRY BULK MARKET IS STILL ON ITS UPWARD MOMENTUM - ALLIED SHIPPING
Having gone through the first quarter of the year and with the Easter break having no come and gone, it seems as though the dry bulk market is stil ...


Thursday, 20 April 17
CHINA'S IMPORT OF IRON ORE TO PROPEL DRY BULK SHIPPING DEMAND IN 2017 - PETER SAND
China's import of iron ore will continue to be a key driver for the demand growth in 2017 for the dry bulk shipping industry, alongside shippin ...


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