70 percent in 2011 because of a supply squeeze in Asia-Pacific, while a weak dollar has made U.S. cargoes more attractive, top U.S. coal exporter Xcoal Energy & Resources said.Total coal exports to Asia from the U.S. are expected to reach 20.1 million tonnes this year after impressive growth of 250 percent in 2010 over 2009, Xcoal Chief Executive Ernie Thrasher told an industry conference in Beijing on Tuesday.
As China's thermal coal prices rose to a three-month high of 790 yuan ($120.92) per tonne
EIA - Total U.S. coal exports for 2009 were 59.1 million short tons, about the same level as in 2007 and a decrease of 22.4 million short tons from the 2008 level, or 27.5 percent.
Want to save the U.S. economy?
Stop wasting your coal and sell it...2011 Exports could be over 7 Billion in income for U.S.
