Commodity Market Report
North America coal short-term outlook February 2021: Significant stockpile drawdown as polar vortex hit
Report summary
While US thermal coal consumption has jumped significantly over the past two months, coal deliveries have lagged. Stockpiles will decline and the February freeze will compound the stock drawdown. February coal generation will likely end at 90 TWh, over 70% higher than February 2020 and 19% Higher than February 2019. Near-term coal demand will remain elevated compared to 2020 due to higher natural gas prices, economic recovery and increased exports.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
North America coal short-term outlook February 2024
Mild temperatures in February portend an early shoulder season with weak coal generation through spring.
$5,000
Commodity Market Report
North America coal short-term outlook January 2024
Cold weather in January offered a short-lived boost for coal demand, but US thermal coal markets will still struggle in the new year.
$5,000
Commodity Market Report
Global thermal short-term outlook February 2024
Markets entering a pricing steady-state environment with little impetus for quick movement
$5,000