Weekly US coal production fell to 10.89 million st in the week ended Feb. 6, down 2.3% from a week earlier and 7.1% lower than the year-ago week, according to a Feb. 11 US Energy Information Administration report. It was the fifth time in the last eight weeks that all four major basins saw weekly decreases, while the latest figure was the lowest total for the corresponding week in more than 11 years. It was also 22.9% below the five-year average. Despite lower production, utility stockpiles remain higher on a days-of-burn basis, as bituminous stocks were at a record-high 140 days cover at the end of November, while subbituminous stocks were at an eight-month high 114 days, up 28.4% and 37.3% year on year, respectively, according to the latest EIA data. However, US stockpiles totaled […]