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Weekly coal production slides across all major basins: EIA

Houston (Platts)--12 Apr 2018 250 pm EDT/1850 GMT


US coal production totaled an estimated 14.3 million st in the week ended April 7, down 2.9% from the prior week and up 6.3% from the year-ago week, US Energy Information Administration data showed Thursday.

Production was down across all the regions with the highest drop seen in the Illinois Basin, a drop of 102,000 st from last week. This the lowest productions estimate since production peaked for the year on February 3 at 15.9 million st.

S&P Global Platts Analytics estimates utility stockpiles for the week ended April 4 at 113.77 million st, up 1.2% from the week prior but down 31.2% compared to 2017.

Based on EIA estimates through the first 14 weeks of the year, annualized US coal production in 2018 would total 768.2 million st, a slight drop of 0.3% from 2017.

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For the recently concluded week, coal production in Wyoming and Montana, which primarily consists of coal from the Powder River Basin, totaled an estimated 6.4 million st, down 1.4% compared with last week but up 11.6% from the year-ago week.

On an annualized basis, coal production in Wyoming and Montana would total 344.6 million st, down 2.5% from 2017.

In Central Appalachia, weekly coal production totaled an estimated 1.9 million st, down 0.8% from last week but up 7.4% from last year. Annualized 2018 production would total 97 million st, up 8.3% from 2017.

In Northern Appalachia, weekly coal production totaled an estimated 1.9 million st, down 4.7% from last week but slightly up by 0.3% from the year-ago week. Annualized production would total 104.2 million st, flat from 2017.

In the Illinois Basin, weekly coal production totaled an estimated 1.9 million st, down 5.1% from last week but up 0.3% from last year. Annualized production would total 104.7 million st, up 1.2% from 2017.

--Veda Chowdhury, veda.chowdhury@spglobal.com

--Edited by Richard Rubin, richard.rubin@spglobal.com



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