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Friday, 04 August 17
U.S. WEEKLY COAL OUTPUT UP 4.4% W/W - EIA
.jpg) COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 16.1 million short tonnes (mmst) of coal week on week (For the week ending July 29, 2017), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 4.4% higher than last week's estimate and 13.1% higher than the production estimate in the comparable week in 2016.
East of the Mississippi River produced totaled an estimated 6 mmst (up 3.44% week over week) and west of the Mississippi River produced totaled an estimated 10.1 mmst (up 4.12% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on August 3, 2017.
U.S. year-to-date (as of July 29, 2017) coal production totaled an estimated 449.7 mmst, 14.9% 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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Friday, 08 September 17
MIXED SIGNALS ON REFINERY PREPARATIONS FOR 2020 FUEL CHANGES - IBIA
A recent consultancy survey has suggested that some 85% of refiners have not made plans for how to deal with the expected dramatic fall in g ...
Thursday, 07 September 17
CAPESIZE: EARNINGS FOR THE BIG SHIPS KEEP UP NICELY AS DIPS ARE MODERATE AND SHORT-LIVED - FEARNLEYS
Supramax
Fewer activities in the Atlantic in start of the week with the US holidays. Owners were asking around low USD 20k for trip ex USG to Far ...
Thursday, 07 September 17
TALK OF CONSTRAINTS ON CHINESE COAL OUTPUT PUSHED PRICES HIGHER - DANIEL HYNES
Commodity markets were largely higher as a weaker USD boosted investor appetite.
According to Daniel Hynes, Senior Commodity Strategist at ANZ ...
Wednesday, 06 September 17
LAYTIME - CHARTERERS' RIGHTS & PORT COSTS - NORTH P&I CLUB
KNOWLEDGE TO ELEVATE
In a recent London Arbitration decision (18/17) the Tribunal had to consider whether the owners were entitled to recover ...
Wednesday, 06 September 17
SHIPPING MARKET INSIGHT - STELIOS KOLLINTZAS
The impact of Hurricane Harvey, which made landfall on 25th of August in South East coastline of Texas area has been the major concern of the shipp ...
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Showing 1951 to 1955 news of total 6871 |
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- ICICI Bank Limited - India
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- European Bulk Services B.V. - Netherlands
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- Commonwealth Bank - Australia
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- OPG Power Generation Pvt Ltd - India
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- Parry Sugars Refinery, India
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- The University of Queensland
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- Africa Commodities Group - South Africa
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- Bulk Trading Sa - Switzerland
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- MS Steel International - UAE
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- The State Trading Corporation of India Ltd
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- Electricity Authority, New Zealand
- The Treasury - Australian Government
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- Price Waterhouse Coopers - Russia
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