Weekly US coal production was estimated at 12.3 million st, up 9% from the week before and 48.5% from the corresponding year-ago week, Energy Information Administration data showed May 20.
Receive daily email alerts, subscriber notes & personalize your experience.Register Now
Weekly output reached its highest level since the fifth week of 2020.
The five-year average for week 19 is about flat with the most recent week at about 12.3 million st. Over 19 weeks, production was about 207 million st, up 3.3% from the year-ago period. On an annualized basis, output is expected to total 566 million st, up 6% from 2020.
All four major US basins rose on the week and on the year, with output from Wyoming and Montana leading the way with 5.7 million st, up 10.9% and 50.6%, respectively.
Over the year so far, production from the two states totaled about 95.3 million st. Annualized, it is projected to be 261 million st, up 6.4% from the previous year.
Northern Appalachian production was about 1.6 million st, up 7.8% from the previous week and up 49.9% from the year-ago week. NAPP output was about 27.8 million st through 19 weeks, and on an annualized basis, it is estimated to be 76.3 million st, up 0.7% year on year.
In Central Appalachia, production rose 5.7% week on week to about 1.3 million st. From the year-ago week, it increased 32.2%. Over 19 weeks, CAPP output was about 22.8 million st. Annualized, it is projected to be 62.4 million st, up 3.5% from the previous year.
Production in the Illinois Basin was estimated at 1.4 million st, up 5% from the week before and up 37.2% year on year. IB output was estimated to be 24.4 million st through the year so far. On an annualized basis, it is projected at 66.8 million st, down 1.4% from 2020.
Request a free trial of: Coal Trader
Platts Coal Trader provides traders, risk managers, analysts and other professionals with factors affecting the coal market including supply and demand dynamics, export market fluctuations, and market moves. Click the link below to see how this publication can meet your needs.Free Trial