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Friday, 17 November 17
U.S. PRODUCED 678.8 MMST OF COAL YEAR TO DATE; 9% UP Y/Y, EIA
EIACOALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.8 million short tons (mmst) of coal week on week (For the week ending Nov 11, 2017), EIA said in its latest report.

According to EIA’s latest report, this production estimate is 1.7% lower than last week's estimate and 7.8% lower than the production estimate in the comparable week in 2016.

East of the Mississippi River produced totalled an estimated 5.5 mmst and west of the Mississippi River produced totalled an estimated 9.2 mmst according to weekly figures released by the US Energy Information Agency (EIA), on November 16, 2017.

U.S. year-to-date (as of November 11, 2017) coal production totalled an estimated totalled 679.8 mmst, 9% higher than the comparable year-to-date coal production in 2016.

10M 2017 Coal Output
Coal production for the first 10 months of 2017 is estimated to have been 656 million short tons (MMst), 59 MMst (10%) higher than production for the same period in 2016. Annual production is expected to be about 790 MMst in both 2017 and 2018.

Coal Exports
Coal exports for the first seven months of 2017 totaled 51 MMst, which was 62% higher than in the same period of 2016. EIA expects growth in coal exports to slow, with exports for all of 2017 forecast at 75 MMst, 15 MMst (24%) 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. EIA expects the share of U.S. total utility-scale electricity generation from natural gas will fall from an average of 34% in 2016 to about 31% in 2017 as a result of higher natural gas prices and increased generation from renewables and coal.
Source: EIA


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Recent News

Wednesday, 22 November 17
THERMAL COAL WAS FLAT AMID CONCERNS OF FURTHER GOVERNMENT INTERVENTION IN CHINA, SAYS DANIEL HYNES
Coal prices were mixed. Thermal coal was flat amid concerns of further government intervention in China, said Daniel Hynes Senior Commodity Strateg ...


Wednesday, 22 November 17
CHINA CONSUMES MORE THAN TWO-THIRDS OF THE GLOBAL SEABORNE IRON ORE MARKET; PRODUCES AS MUCH STEEL AS THE REST OF THE WORLD COMBINED - CHRISTOPHER T. WHITTY
China consumes more than two-thirds of the global seaborne iron ore market and at the same time produces as much steel as the rest of the world com ...


Monday, 20 November 17
INDONESIAN COAL BENCHMARK PRICE SURGES 0.86% TO $94.80 A TON, GOVERNMENT DATA SHOWS
COALspot.com: Indonesian coal benchmark price surges 0.86% in November compared to declared price in October, the latest ministerial decree showed. ...


Thursday, 16 November 17
PANAMAX ACTIVITIES HAVE SLOWED DOWN QUITE SUBSTANTIALLY THE LAST WEEK - FEARNLEYS
Supramax Another week with rates easing over all the Supra routes within Atlantic. Front hauls from USG got payed around 21-22k daily and ul ...


Thursday, 16 November 17
KOMIPO INVITED BIDS FOR 3.9 MILLION TONS OF 5700 NAR AND 5400 NAR COAL FOR 2018 - 2020 DELIVERY
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for total 3,900,000 Metric Tons of min. 570 ...


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