After years of pain, coal becomes one of the hottest commodities of 2016

After years of pain, coal becomes one of the hottest commodities of 2016: Less than a year after the coal industry was declared to be in terminal decline, the fossil fuel has staged its steepest price rally in over half a decade, making it one of the hottest major commodities.   Cargo prices for Australian thermal coal from its Newcastle terminal, seen as the Asian benchmark, have soared over 35 percent since mid-June to more than one-year highs of almost $70 a tonne, pushed by surprise increases in Chinese imports.   'Chinese regulators have assumed t