Weekly US coal production dips 4.4% as coal demand slows

24 Mar 2017   Coal

Weekly US coal production totaled an estimated 14.1 million st in the week that ended March 18, down 4.4% compared with the prior week, but up 6.9% from the year-ago week, US Energy Information Administration data showed Thursday. Apart from the holiday-shortened week at the start of the year, the most recent estimate was the lowest so far this year. Warmer-than-normal weather has slowed demand for coal , and stockpiles remain relatively flat. Platts Analytics’ Bentek Energy unit estimates stockpiles stood at 154.8 million st in the week that ended March 16, down 0.5% compared with the previous week. Article continues below… Platts Coal Trader provides the latest prices for key benchmark coals, as well as: Daily pricing for tons and allowances for SO2 and NOx emissions The exclusive Platts OTC Broker Index, a market assessment compiled from three of the largest and most respected coal brokers What happened […]

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