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DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Sept. 9, 1998Prevailing sellers' posted prices at the close of business, represent
INDIAN CONGLOMERATE ENDS PLANS TO START AIRLINE
JOC Staff |
The Tata Industries Ltd. industrial group - one of India's largest conglomerates - said it is withdr
BALTIC FREIGHT INDEX
JOC Staff |
839 (September 9, 1998) Previous day - 833The Baltic International Freight Futures Market in
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
IBM CREATES TINY DISK DRIVE TO BOOST CAPACITY
JOC Staff |
International Business Machines Corp. announced Wednesday it has built the world's smallest hard dis
Maritime
LLOYD'S CHIEF HAS NO CONSOLIDATION CONCERNS
Reuters |
Falling insurance rates and difficulty in finding new business concern Lloyd's of London Chairman Ma
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following fuel oil prices are for the week ending Sept. 2, 1998 as supplied by the bunker fuel d
Maritime
BRAZIL PINS HOPES ON EXPORTS TO FIRE UP ECONOMY
Thierry Ogier |
Rocked by the fallout from ailing economies in Asia and Russia, Brazil on Tuesday unveiled an ambiti
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Oct. 24, 1997 - Sept. 8, 1998 (a graph)*
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of September 8,1998Quotations are based on prices reported in the market or obtained from
QUOTA WATCH
International Development Systems Inc., Washington, D.C. |
Current Textile Quotas:Where the average recent utilization rate indicates full quota utiliz
Maritime
COCA-COLA SUSPENDS ZAMBIA PLAN OVER TAXES
JOC Staff |
Coca-Cola Co. has suspended plans to invest $75 million in Zambia because of the government's failur
Maritime
DAIRY FARMERS STILL LOOK FOR CASH COW DESPITE EXPECTED RISE IN MILK PRICES
Raya Tahan |
After years of watching their industry churn through a pricing homogenizer, dairy farmers anticipate
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Sept. 8, 1998Prevailing sellers' posted prices at the close of business, representin
RUSSIAN OIL EXPORTS TO INCREASE
Reuters |
Russia's biggest oil producer, Lukoil, plans to increase crude oil and products exports in the secon
THAILAND SEES FUTURE AND IT'S WITH FOREIGN INSURERS
Ron Corben |
Globalization is forcing Thailand to further liberalize its insurance industry, with smaller firms f
CARGO WATCH: ZIM CONTAINER
PIERS database. |
Key movements in 20-foot ocean container unitsMay Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Fe
Maritime
NEW INDUSTRIAL REVOLUTION TURNING BIRMINGHAM INTO TECHNOLOGY CENTER
Paramjit Mahli |
Birmingham, Britain's second-largest city after London, once again has shown it can respond imaginat
Transport, Trade and Regulation News
US MANUFACTURERS MUST DEVELOP A GLOBAL STRATEGY ON STANDARDS
GLOBAL PRODUCTS STANDARDS - Amy Zuckerman |
Exactly two weeks from today, the U.S. standards community will gather in Washington to begin what c
Transport, Trade and Regulation News
PEOPLE ON THE MOVE
JOC Staff |
LHS Group Inc.Bruce T. Leonard resigned as president of the company, citing family reasons.
Transport, Trade and Regulation News
GASOLINE PRICES
JOC Staff |
Sept. 8, 1998RESELLER RACK Unleaded Mid- Premium-Unlead Pre
MEXICO HITS CORN SYRUP EXPORTS FROM US
JOC Staff |
Mexico published its final ruling in the high-fructose corn syrup dispute Tuesday, imposing compensa
Maritime
12 US FIRMS JOIN HIGH-TECH MISSION TO ASIA
JOC Staff |
Commerce Undersecretary of Trade David Aaron is taking officials from 12 U.S. companies to Malaysia,
Maritime
SWEDEN'S ERICSSON HANGS UP IN MYANMAR
JOC Staff |
The Free Burma Coalition said Swedish telecommunications company Ericsson has announced it will ceas
Maritime
CANADA, BRAZIL AGREE TO FOSTER FARM TRADE
Bridge News |
Agriculture and Agri-Food Canada Minister Lyle Vanclief and the Brazilian Minister of Agriculture, F
Maritime
INTERCARGO URGES IMO TO TIGHTEN ACCIDENT RULES
Aviva Freudmann |
When passenger airlines are involved in disasters, such as the one that befell Swissair flight 111 l
AS INTERNET USE GROWS, CAUTIOUS BANKERS ARE LEARNING ABOUT WHAT'S NEW AND COOL
CYBER TRADER - Howie Simon |
In just a few days, American financial services executives will be converging upon New York's Jacob
Transport, Trade and Regulation News
OUTLOOK IS IFFY FOR TRANSPORT, TRADE BILLS
William Roberts |
With Congress bracing for independent counsel Ken Starr's report on President Clinton, the outlook f
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - September 4, 1998Prev. Life of Contr. Open Open High L
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 201.88 up 0.55 whi
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 8, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 21
THAILAND FACES $250 MILLION BILL TO BATTLE THE MILLENNIUM BUG
Ron Corben |
Thailand faces a ''millennium bug'' bill of around 10 billion baht ($250 million) and the government
Maritime
CONTAINERS BUOY CHINESE SHIPYARD
P.T. Bangsberg |
Marine containers, in desperately short supply throughout Asia, are proving a solid anchor for China
Maritime
AIRBUS, CHINA SCRAP 100-SEATER PLAN
JOC Staff |
Airbus Industrie and Aviation Industries of China have scrapped plans to develop a 100-seater aircra
Maritime
ATLANTIC SOUTHEAST BUYS BOMBARDIER JETS
JOC Staff |
ASA Holdings' Atlantic Southeast Airlines has bought 27 additional Canadair Regional Jet aircraft fr
Maritime
US TUNA FISHERS CASTING WIDER NETS FOR MARKETS
Jeff Barnard |
For years, U.S. canneries have snapped up albacore tuna caught by West Coast fisherman. This year, t
Maritime
LLOYD'S TAKES TO NET TO SELL CARGO COVERAGE
JOC Staff |
Cargo insurance at Lloyd's of London is now only a click of a mouse away following Monday's launch o
FRENCH TRUCKERS BLOCK ALL BORDERS TO PROTEST HOURS
Bridge News |
French truck drivers Tuesday blocked all border crossings, spearheading a day of Europewide industri
BRITISH OIL FIRMS GET REPRIEVE FROM TAX MAN DUE TO DEPRESSED PRICES
Reuters |
Britain's oil industry let out a sigh of relief on Monday after depressed oil prices forced the gove
PEOPLE ON THE MOVE
JOC Staff |
SYNQUEST INCChris Jones was appointed vice president of corporate development at this Norcro
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