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US Coal Production Forecast to Decline 17% in Q4 - EIA-The 21st China (Guangzhou ) Int’l Casting product Exhibition
10/28/2019 - casting expo-Die-casting expo-foundry expo |
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The US Energy Information Administration forecasting a 17% decline in fourth-quarter coal production from the year-ago period. The report issued forecasts total US coal production to sink to 159 million st in the final three months of the year, a decline of 34 million st from the fourth quarter 2018. Declining coal demand, bankruptcies, ownership changes and mine closures have contributed to a fluctuating production environment in the western coal region, especially in the Powder River Basin. This year’s coal production is expected to total 679.3 million st, an increase from the administration’s September projection of 673.9 million st. But the administration’s 2020 production outlook fell to 603 million st, down from last month’s projection of 617.3 million st.
For 2019, Western coal producers are forecast to see the largest percentage decrease in YoY output, down 11.6% to 369.7 million st. Miners in the Interior region are expected to produce 8.5% less coal, totaling 125.5 million st, and Appalachian producers are expected to see a 7.9% drop to 184.2 million st.
The agency’s projection for coal exports in 2020 dropped 12% from September, to 75 million st, a reduction of 10 million st, due to declining demand in the Atlantic Basin, a surplus of Eastern European coal supply and lack of West Coast coal terminal capacity to reach the Asian markets. This year, it expects US producers to export 91.8 million st of coal. The US exported 116 million st in 2018.
鑄件展-鑄件采購會-國際鑄件展-2020第二十一屆廣州國際鑄件展會-巨浪展覽
-The 21st China (Guangzhou ) Int’l
Casting product Exhibition
-Casting product Exhibition, 2020 casting
product Exhibition, China Casting product Exhibition, Casting Exhibition, China
Casting Exhibition, 2020 Casting Exhibition, Casting product Expo, 2020 casting
product Expo, China Casting product Expo, Casting Expo, China Casting Expo,
2020 Casting Expo,
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