U.S. coal exports continue rise

U.S. coal exports continue rise

US coal exports rose by 38pc on the year in June, marking the 20th straight month of gains for US producers shipping abroad. International coal shipments from the US totaled 10.1mn short tons (9.16mn metric tonnes) in the month, up from 7.3mn st in June 2017. That topped May’s 9.65mn st in exports, but was […]

United States : Daines Defends Montanas Right to Export Coal to Asia

U.S. Senators Steve Daines, John Barraso, Shelley Moore Capito and James Inhofe introduced a bill clearing the way for construction of the Millennium Bulk Terminal, which would create hundreds of Montana jobs by expanding trade opportunities for Montana coal. The legislation clarifies that Section 401 of the Clean Water Act cannot be used as a […]

Trump’s Making U.S. Coal Exports the Greatest They’ve Ever Been

High-energy-content fuel proving popular as prices jump U.S. climate critic India biggest importer of its coal U.S. exports of coal used by power stations are set to hit a record this year on increased global demand for the nation’s high-energy-content fuel. Steam-coal shipments will probably jump 58 percent to 58 million metric tons this year, […]

US coal producer Alliance’s sales rise on exports

US coal producer Alliance Resource Partners’ sales jumped by nearly 24pc in the second quarter on a surge in exports and better than expected domestic utility demand. Alliance sold 10.5mn short tons (9.5mn metric tonnes) of coal from April-June, up from 8.47mn st a year earlier, the company said. Alliance last quarter made agreements to […]

US coal exports may surge 60% in 2018 – analyst

US seaborne thermal coal exports could surge 60% this year amid a shortfall in global supply and healthy import demand, the director of consultancy Perret Associates told Montel. Guillaume Perret estimated the country’s coal exports could rise from 36.7m tonnes in 2017 to 58m tonnes this year and 60m tonnes in 2019. Citing a “structural […]

US coal exports surge over year-ago period on strong Indian demand in Q1

U.S. coal exports rose 14.8% in the first quarter compared to the prior-year period, driven by sharply increased demand from India. India bought 5.7 million tonnes of coal from the U.S. in the first quarter, up 76.3% compared to the same period a year ago, according to an S&P Global Market Intelligence analysis. Brazil, Croatia, […]

US coal exports continued gains in May

US coal shipments abroad totaled 9.65mn short tons (8.75mn metric tonnes) in May, up by 33.2pc from a year earlier. That represented the 19th straight month of year-over-year gains. May exports were down from April’s five-year high, but still represented the second-highest export level in nearly five years. The last time exports were as high, […]

US coal still in demand overseas because of high seaborne prices

In the US export market this week, a CFR deal for Northern Appalachia coal, basis 6,900 kcal/kg, for August loading was heard at a price greater than $110/mt. NAPP coal continues to price into India as a result of relatively high coal prices, as well as ongoing uncertainty around the country’s proposed ban on certain […]

Illinois basin coal: Export support continues

Coal prices in the Illinois basin followed international markets higher as sellers preferred to export coal than to take lower prices in domestic sales. Prompt quarter 11,500 Btu/lb 5lb SO²/mmBtu coal climbed by 25¢/short ton to $39.35/st fob barge. Prices for third quarter deliveries of 11,800 Btu/lb 4.5lb SO2/mmBtu and 11,000 Btu/lb 6lb SO2/mmBtu coals […]