U.S. Coking Coal Cxports Surge

U.S. Coking Coal Cxports Surge

US coking coal exports rose by 22.6pc year on year to 36.6mn short tonnes (st) (33.2mn metric tonnes) in January-July, in part fuelled by a 133.2pc jump in volumes to India (see table). Overall exports slipped in July on a month on month basis, but were comfortably up by 12.8pc year on year at 4.8mn […]

Asia continues to lead U.S. thermal coal exports

Asia remained the top destination for US thermal coal for a ninth straight month in July. Steam coal shipments destined for Asia grew to 1.86mn short tons (1.69mn metric tonnes) from 1.39mn st in July 2017, according to figures released today from the US Census Bureau. That accounted for nearly 39pc of total US thermal […]

Coal exports should grow, but uncertainties linger

The US coal export market is expected to stay strong through next year, but shifting international dynamics and domestic logistics hiccups could upset the outlook. New coal power plants outside the US, along with infrastructure constraints and domestic sales quotas in some countries, are helping to keep the worldwide supply and demand balance tight, coal […]

U.S. coal exports again move higher in June: Census data

Houston — US coal exports totaled 9.2 million mt in June, up 5.1% from May and up 38.6% from the year-ago month, according to US Census data out Friday.   Relatively high seaborne prices for both metallurgical and thermal coal, in addition to a possible ban on petcoke in India, have opened the door for US […]

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 […]

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 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 […]