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Friday, 15 September 17
U.S WEEKLY COAL OUTPUT DROPS FOR THE THIRD WEEK IN A ROW, EIA DATA SHOWS
EIACOALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short tonnes (mmst) of coal week on week (For the week ending September 9, 2017), EIA said in its latest report.

According to EIA’s latest report, this production estimate is 4.5% lower than last week's estimate and 1.5% higher than the production estimate in the comparable week in 2016.

East of the Mississippi River produced totalled an estimated 5.9 mmst (down 3.27% week over week) and west of the Mississippi River produced totalled an estimated 9.8 mmst (down 4.85% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on September 14, 2017.

U.S. year-to-date (as of  September 9, 2017) coal production totalled an estimated 548.2 mmst, 13.5% higher than the comparable year-to-date coal production in 2016.

2017 Coal Output
Production for the first eight months of 2017 is estimated to have been 528 MMst, 64 MMst (14%) higher than production for the same period in 2016. Production is expected to increase by 8% in 2017 and by 2% in 2018.

Coal production for August 2017 is estimated to have been 74 million short tons (MMst), 6 MMst (8%) higher than last August. August is also the first month that had production higher than 70 MMst since October 2015.

Coal Exports
Coal exports for the first six months of 2017 were 55% higher than exports over the same period last year. EIA expects growth in coal exports to slow in the coming months, with exports for all of 2017 forecast at 73 MMst, 21% higher than the 2016 level.

U.S. Electricity Generation from Coal
Coal's forecast generation share rises from 30% last year to 31% in 2017. The projected generation shares for natural gas and coal in 2018 average 31% and 32%, respectively.
Source: EIA


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Recent News

Thursday, 14 September 17
KOMIPO INVITED BIDS FOR 5700 NAR BITUMINOUS COAL FOR BORYEONG POWER PLANT; 390K MT FOR NOV LOADING
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for 390,000 Metric Tons of Bituminous coal ...


Wednesday, 13 September 17
U.S. COAL EXPORTS FOR THE FIRST SIX MONTHS OF 2017 WERE 55% HIGHER COMPARED TO THE SAME PERIOD IN 2016 - EIA
COALspot.com: EIA expects the share of U.S. total utility-scale electricity generation from natural gas to fall from an average of 34% in 2016 to a ...


Wednesday, 13 September 17
SOME THOUGHTS ON NORTH KOREA, US & CHINA - THEODORE NTALAKOS
The trade volume between North Korea and China is more than $5 billion per year. 83% of North Korea's exports end up in China; similarly, about ...


Tuesday, 12 September 17
NEWCASTLE FOB PRICES ROSE STRONGLY AND ARE NOW THREATENING TO BREAK THROUGH US$100/T - DANIEL HYNES
COALspot.com: The rise in crude oil market supported further gains in thermal coal, says Daniel Hynes Senior Commodity Strategist at ANZ. Acco ...


Tuesday, 12 September 17
KOMIPO TO IMPORT 2.5 MILLION TONS OF 5700 NAR COAL FOR 5 YEARS
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for total 500,000 Metric Tons of Bituminous ...


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