US weekly coal output declined marginally: KATM Exclusive

2-exclusive

United States of America, the world’s second largest coal producers have produced approximately 14.9 million short tons (mmst) of coal, for the week ending October 14, 2017, as per EIA’s latest report. This production estimate is 1.4% lower than last week’s estimate and 4% lower than the production estimate in the comparable week in 2016.

East of the Mississippi River produced totalled an estimated 5.7 mmst (down 1.72% week over week) and west of the Mississippi River produced totalled an estimated 9.2 mmst (down 2.12% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on October 19, 2017.

US year-to-date (as of October 14, 2017) coal production totalled an estimated totalled 620.6 mmst, 10.8% higher than the comparable year-to-date coal production in 2016.

2017 Coal Output

US coal production for September 2017 was an estimated 66 million short tons (MMst), up 1 MMst (1%) from September 2016. Coal production for the first nine months of 2017 was 591 MMst, 62 MMst (12%) higher than in the same period in 2016. Coal production is expected to increase by 8% in 2017 and by less than 1% in 2018.

Coal Exports

Coal exports for the first seven months of 2017 totalled 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.