U.S. Coal Output Up 9.6% Year On Year

U.S. coal output last week stood at 16.7 million short tons, according to estimates from the Energy Information Administration. This compares to 17.025 million tons in the prior week – a record-high for 2017. Both weekly figures represent substantial increases on an annual basis, by 9.6 percent and 3.4 percent, respectively. Over the long term, however, the increase will be unsustainable, analysts believe. The current increase is prompted by an increase in international coal prices, itself driven by an output decline in China and supply disruptions…
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