Commodity Market Report
North America coal short-term outlook July 2020: Hot weather improves coal burn, but prices remain frozen
Report summary
July 2020 is going to go down in the record books as one of the hottest ever in the continental US. With that has come high generation levels an increased coal burn. Despite gas prices being US$0.8 /mmbtu lower than last July, coal burn will be only 10% lower than a year ago this month. With that, coal deliveries have finally turned the corner and begun to increase, although still lagging consumption. Stocks are pegged to go down about 18.5 Mst this summer. Notwithstanding the heat, prices remain frozen and are not expected to increase appreciably until gas prices move up in the fourth quarter, 2020.
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 weekly: coal burn report 1 December 2023
US coal burn report for 1 December 2023
$3,000
Commodity Market Report
North America coal weekly: coal burn report 17 November 2023
US coal burn report for 17 November 2023
$3,000
Commodity Market Report
North America coal short-term outlook November 2023
An El Nino winter with milder weather expected combined with sub-US$3/mmbtu gas prices and excessive stockpiles further erodes coal demand.
$5,000
