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Friday, 22 December 17
ESTIMATED U.S. WEEKLY COAL OUTPUT SLIPS SLIGHTLY - EIA
EIACOALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2 million short tons (mmst) of coal week on week (For the week ending December 16, 2017), EIA said in its latest report.

According to EIA’s latest report, this production estimate is 2.2% lower than last week's estimate and 0.2% higher than the production estimate in the comparable week in 2016.

East of the Mississippi River produced totaled an estimated 5.8 mmst (down 1.69% w/w) and west of the Mississippi River produced totaled an estimated 9.4 mmst (down 2.08% w/w) according to weekly figures released by the US Energy Information Agency (EIA), on December 21, 2017.

U.S. year-to-date (as of December 16, 2017) coal production totaled an estimated totaled 755.2  mmst, 7.9% higher than the comparable year-to-date coal production in 2016.

11M 2017 Coal Output
Coal production for the first 11 months of 2017 is estimated to have been 719 million short tons (MMst), 54 MMst (8%) higher than production for the same period in 2016. Annual production is expected to be 791 MMst in 2017, falling to 771 MMst in 2018 because of lower exports and no growth in coal consumption

Coal Exports
U.S. coal exports for the first three quarters of 2017 were 69 MMst, 68% (28 MMst) higher than exports for the same period in 2016. This total for the first three quarters of 2017 is already 14% (8 MMst) higher than total annual coal exports in 2016. EIA expects that exports will total 89 MMst in 2017 and 74 MMst in 2018

U.S. Electricity Generation from Coal
EIA projects the 2017 share of generation from coal will average 30%, about the same as last year. EIA expects the share of total U.S. utility-scale electricity generation from natural gas will average about 32% in 2017, down from 34% in 2016 as a result of higher natural gas fuel costs and increased generation from renewable energy sources.
Source: EIA


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Monday, 06 November 17
THE THERMAL COAL MARKET CAME UNDER SOME PRESSURE AS THE OUTLOOK FOR DEMAND WEAKENED - DANIEL HYNES
Commodities were mixed as investors grappled with a revised tax plan in the US amid a rising USD said Daniel Hynes in his linked in post. Acco ...


Monday, 06 November 17
THE FREIGHT MARKET WAS CONTINUED TO SOFTEN THIS PAST WEEK; BCI DOWN 184 POINT WEEK OVER WEEK
COALspot.com: The freight market was continued to soften this past week compared to the previous week, as BDI and all segments except Panamax index ...


Friday, 03 November 17
U.S. COAL PRODUCTION FELL WEEK-OVER-WEEK, EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.5 million short ton ...


Wednesday, 01 November 17
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
As it was expected, the strong dry bulk freight market of the past couple of months has inspired similar activity in the second-hand market. Noneth ...


Tuesday, 31 October 17
BALTIC DRY INDEX TAKES A BREAK FROM ITS UPWARD RALLY COURSE - GEORGE LAZARIDIS
It has been a week of corrections for the dry bulk freight market as it seems as the general Baltic Dry Index takes a break from its upward rally c ...


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