This could finally be the end of coal's 5-year death march

For years, the price action of coal has been as black as coal itself. That might finally be changing. Until January, coal was in a brutal 5-year bear market. After hitting an all-time high of US$139 in January 2011, the price of coal (as reflected by ICE Newcastle) dropped… and didn’t stop falling. In January of this year, it hit a low of US$48.85, as you can see in the chart below. Thomson Reuters Now it appears coal has finally carved out a bottom. As we explained in January, falling deman...