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Friday, 14 July 17
U.S. WEEKLY COAL-OUTPUT IN SIGNIFICANT DECLINE, EIA FIGURES SHOW
.jpg) COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 13.4 million short tonnes (mmst) of coal week on week (For the week ending July 8, 2017), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 15.3% lower than last week's estimate and 6% lower than the production estimate in the comparable week in 2016.
East of the Mississippi River produced totaled an estimated 5 mmst (down 19.35% week over week) and west of the Mississippi River produced totaled an estimated 8.4 mmst (Down13.40% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on July 13, 2017.
U.S. year-to-date (as of July 8, 2017) coal production totaled an estimated 402.8 mmst, 16% 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 totaled 2.7 million short tons. The average price of U.S. coal imports during the third quarter 2016 was $62.70 per short tonne.
U.S. Electricity Generation From Coal
EIA expects the share of U.S. total utility-scale electricity generation from Coal rises from 30% in 2016 to 31% in both 2017 and 2018.
Source: EIA
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Wednesday, 14 June 17
HANDYSIZES AND PANAMAXES ENJOY THE TIGHTEST SUPPLY - PANOS TSILINGIRIS
The dry and the tanker shipping segments have dissimilar exposure to supply-driven opportunity (or risk). While the vintage (i.e., over 15 years ol ...
Tuesday, 13 June 17
THE TANKER FREIGHT MARKET IS STILL UNDER PRESSURE - GEORGE LAZARIDIS
News of U.S. inventory decline has hit the market by surprise with prices of the commodity showing some quick revival as OPEC continues to push wit ...
Monday, 12 June 17
THE BALTIC DRY INDEX TOOK A POSITIVE STEP
COALspot.com: The Freight market incline this past week compared to the previous week, as BDI, Cape and Panamax indexes show a positive trend week ...
Friday, 09 June 17
U.S WEEKLY COAL OUTPUT WAS FLAT WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15 million short tonnes ...
Wednesday, 07 June 17
INDO HBA INDEX SEE LARGEST DROP SINCE FEBRUARY 2017
COALspot.com: Indonesian coal benchmark price decline 9.96% in June, government data showed.
The benchmark price of Indonesian thermal coal de ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
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- Medco Energi Mining Internasional
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Merrill Lynch Commodities Europe
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- European Bulk Services B.V. - Netherlands
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- Economic Council, Georgia
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- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
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- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
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- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
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- Straits Asia Resources Limited - Singapore
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- Coalindo Energy - Indonesia
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- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
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- Interocean Group of Companies - India
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- Tamil Nadu electricity Board
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- Mercator Lines Limited - India
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- Coal and Oil Company - UAE
- PTC India Limited - India
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- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
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- Australian Coal Association
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- Singapore Mercantile Exchange
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- The University of Queensland
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- Cement Manufacturers Association - India
- Minerals Council of Australia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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