Houston — US utility coal stockpiles totaled over 129 million st in August, down 6.5% from July, Energy Information Administration data showed late Oct. 26.
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It was the third consecutive month of dropping stockpiles and the lowest level of inventory in nine months.
Year on year, stockpiles were up 17.1%, but compared with the five-year average of 134 million st for August, they were down 3.5%.
Bituminous stockpiles totaled 50.8 million st, down 5.5% from July and up 1.9% from the year-ago month. Bituminous inventory was also at its lowest in 12 months. The five-year average for August was 57.6 million st, leaving the most recent month at an 11.9% deficit.
Days of burn for utility bituminous inventory was 125 in August, flat month on month. The year-ago days of burn period was 105 days, and the five-year average was 90 days.
Subbituminous stockpiles totaled 74.3 million st in August, reaching a nine-month low. From the month before, inventory was down 7%, and year on year, it increased 28.1%. Compared with a five-year average of 73.1 million st for August, subbituminous utility stockpiles were up 1.7%.
Days of burn for subbituminous coal at US utilities was 104 days, down one day from July and up 30 days from the year-ago month. The five-year average for August was 77 days.
Lignite stockpiles in August were over 4.3 million st, down 0.7% from July and up 93.7% from the year-ago month.