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Weekly US coal production falls to seven-week low, all basins dip: EIA

Weekly US coal production fell to a seven-week low 10.34 million st in the week ended Sept. 12, down 3.3% from a week earlier and 26.4% lower than the year-ago week, according to a Sept. 17 US Energy Information Administration report.

It was the third straight week and only the fourth time in the last 22 weeks that all four major basins saw weekly declines.

The total for Week 37 was the lowest total for the corresponding week in the last 10 years, and was also 31.5% lower than the five-year average.

Despite the lower production, utility stockpiles remained higher on an aggregate basis as of Sept. 10, totaling an estimated 116.87 million st, up roughly 5.5% from a year earlier, according to S&P Global Platts Analytics.

For the latest week, estimated coal production in Wyoming and Montana, which is primarily made up of production from the Powder River Basin, fell to 4.86 million st, down 3.1% from the prior week and 25.8% lower than the year-ago week.

Since Jan. 1, the states have produced 170.02 million st, down 22.1% from the same period in 2019. Annualized production in the two states would total 229.29 million st, down 26.2% from a year ago.

In Central Appalachia, estimated weekly coal production fell to 1.2 million st, down 4.4% from a week earlier and 29.9% lower than the year-ago week.

Year-to-date production in Central Appalachia declined 30.6% year on year at 44.57 million st, while on an annualized basis, CAPP production would total 64.27 million st, down 25.5% from a year ago.

Coal production in Northern Appalachia declined to 1.46 million st, down 1.9% from the prior week and 21.9% below the year-ago week.

Year-to-date production was 30.4% lower than a year ago at 51.8 million st, while annualized NAPP production would total 76.07 million st, down 26.5% from last year.

In the Illinois Basin, estimated weekly coal production was at 1.28 million st, down 3.3% from the previous week and 33% from the year-ago week. Cumulative production was at 47.82 million st, down 35.2% on year, while annualized production in the IB basin would total 69.77 million st, down 30% from 2019 totals.

Through the first 37 weeks of the year, US coal production totaled an estimated 372.86 million st, down 26.3% year on year, while production on an annualized basis is expected around 528.3 million st, which would be down 24.9% from 2019.


Source: Platts

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