On Thursday, the US Energy Information Administration (EIA) said that in the week ended December 7, the country’s coal production went up by 6.7% on a weekly basis, but also slumped by 15.9% year-on-year.
The US coal production was roughly 12.7 million st, 23% below the five-year average of this time of year. Year-to-date output was also falling by 8.2% year-on-year.
Total US production on an annualized basis would be nearly 706 million st, down 6.3% from 2018 production. In contradiction, EIA predicted the output of 697 million st for this year.
Year-on-year, producing regions showed declines in output. The Powder River Basin fell by 19.8%, Illinois Basin by 11.7%, and the Central Appalachian (CAPP) Basin by 15%. Northern Appalachian (NAPP) Basin was the only one to increased production by 0.6%.
Week-on-week, on the contrary, every basin showed increases. The Powder River Basin’s production up by 5.7%, Illinois Basin by 7.2%, and the Central Appalachian (CAPP) Basin by 5.7%. Northern Appalachian (NAPP) Basin by 8.3%.