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SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lo
JAPAN, CHINA SIGN TEXTILE AGREEMENT
Associated Press |
Japan and China agreed Wednesday on steps to check soaring Chinese cotton textile exports to Japan,
Maritime
RUSSIAN MINISTER TAKES REINS OF MURDER PROBE
Associated Press |
Russian Interior Minister Anatoly Kulikov said Wednesday he is personally supervising the investigat
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Nov. 6, 1996Baltic International Freight Futures Market Prev.Close High Low
EU URGING GLOBAL FORUM FOR AVIATION
John Zarocostas |
The European Union is calling for the aviation industry to prepare to be included in the global Gene
INTERMODAL PICKUP SIGNALS PEAK SEASON
Rip Watson |
After a ho-hum fall shipping season in 1995, this year's peak freight period is turning out to be st
BRIEFS
From Wire and Staff Reports |
SHIPSSEAMEN'S SERVICE HONORSYOKOHAMA, MAYORNEW YORK - United Seamen's Service will g
NEW JERSEY DREDGE VOTE IS VICTORY FOR PORT
Journal Of Commerce Staff |
In a stunning victory for boosters of the Port of New York and New Jersey, voters in New Jersey Tues
SHIPOWNERS WANT LONGER-TERM POLICIES
Janet Porter |
Shipowners are seeking marine insurance policies that extend for more than the traditional 12 months
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeNov. 6, 1996 Brent Crude Oil - (Dollars Per Barrel)
API WEEKLY REPORT \ CRUDE OIL STOCKS SEE SHARP RISE AMID FALL IN REFINED PRODUCT
Journal Of Commerce Staff |
U.S. inventories of crude petroleum rose 9.3 million barrels in the week ended Nov. 1, compared with
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Nov. 6, 1996Prevailing sellers' posted prices at the close of business, representi
SPOT PRODUCT PRICES
JOC Staff |
Nov. 6, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
STEELMAKERS FILE DUMPING COMPLAINTS
Associated Press |
Geneva Steel, in concert with Gulf States Steel, has filed anti-dumping petitions with the Departmen
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Nov. 6, 1996Prev. Life of Contr. Open Open High Low
DIVERGENT BUSINESS ASSOCIATIONS ARGUE TURKEY'S ECONOMIC DIRECTION
Jonathan Ewing |
The debate currently under way in Turkey - over whether to follow the Islam-oriented policies advoca
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
EARNINGS
From Wire and Staff Reports |
WORLD AIRLINES POSTRECORD PROFIT IN 1995GENEVA - The world airline industry posted a record
NOW THE CHANGES REALLY BEGIN
Stephanie Nall |
President Clinton will still be in the White House and the GOP will still be on top of Capitol Hill,
ALL MODES OF TRANSPORT SEEK WAYS TO RECOUP COSTS AS FUEL PRICES HEAT UP
Journal Of Commerce Staff |
Whether it rolls, flies or sails, cargo is becoming more expensive to move.Fuel prices have
BRIEFS
From Wire and Staff Reports |
INDIA HIKES PRICEOF JET FUEL BY 1 PERCENTBOMBAY - Indian state-run crude oil refiners Wednes
FAA'S HINSON EXPECTED TO STEP DOWN ON FRIDAY
Michele Kayal |
Federal Aviation Administrator David R. Hinson is expected to leave his post Friday, government and
FMC TO RETALIATE AGAINST JAPANESE PORT PRACTICES
Tim Sansbury |
The Federal Maritime Commission is hitting Japanese liner ships with penalties of $100,000 per U.S.
PEOPLE ON THE MOVE
From Wire and Staff Reports |
EQUITAS HOLDINGSPaul Jardine was appointed chief actuary at Equitas, the company that has re
TURKEY AND IRAN SPEED UP GAS DEAL
Selcan Hacaoglu |
Turkey and Iran sped up a natural gas deal to 1998 instead of 1999 and agreed Tuesday to launch imme
TIMING'S CRUCIAL ON TRADE DEALS
John Maggs |
A bipartisan effort to revive free-trade negotiations with Latin America next year could fall victim
Maritime
US DOLLAR EDGES LOWER AS RUMORS SPUR TRADING
Bridge News |
The U.S. dollar fell slightly on profit-taking Wednesday despite a strong stock market, but traders
PEPSICO HEAD ANNOUNCES MAJOR MEXICAN INVESTMENT
Associated Press |
Pepsico Inc. plans to invest $150 million in Mexico next year to maintain its share of the local sof
INTERNATIONAL LOGISTICS BUYS LEP NORTH AMERICA
Gregory S. Johnson |
Nine months after buying out their company, the managers of LEP International Worldwide Ltd., have f
HONG KONG PEG ARCHITECT DEFENDS LINK
Bridge News |
John Greenwood, the architect of Hong Kong's currency peg system, Wednesday fended off criticism of
SEN. MCCAIN EXPECTED TO TAKE AGGRESSIVE STANCE
Stephanie Nall |
As new Commerce Committee boss, Sen. John McCain is expected to be more aggressive, more skeptical o
Maritime
CONGRESSIONAL RESULTS EASE FEARS OF ASIAN BUSINESS LEADERS
P.T. Bangsberg |
Business leaders in East Asia paid more attention to the tussle for Congress than the White House, t
Maritime
HUMAN RIGHTS GROUPS PUT WINE EXPORTER ON THE SPOT \ FREE BURMA COALITION CALLS FOR A BOYCOTT
Peter Tirschwell |
Wente Vineyards, one of California's biggest wine exporters, is being targeted by human rights group
Maritime
BRIEFS
From Wire Reports |
US SALMON SEEN THREATBY AUSTRALIAN GROWERSCANBERRA, Australia - Australia's salmon industry
Maritime
VOLKSWAGEN WARNS RIVALS: DON'T EXPLOIT NAZI PAST
Tom Heneghan |
Volkswagen warned rival carmakers Wednesday not to use a new company history disclosing its former N
Maritime
MOST WILL MEET KEY CRITERIA FOR SINGLE CURRENCY, EU SAYS
Bruce Barnard |
The European Union forecast Wednesday that at least 12 of its 15 member states will meet a key crite
INDIA'S 1ST JOINT VENTURE PORT, PIPAVAV, OPENS ITS 1ST BERTH
N. Vasuki Rao |
The first berth of India's first joint-venture port officially opened Sunday.Located at the
STABILITY MAY BE EDGE OVER HONG KONG
All stories in this report were written by Marcus Hand, a |
Is it to be Singapore or Hong Kong? As the two chief entrepot economies in Asia, this question incre
LABOR WAR CHEST FAILS TO DISLODGE GOP MAJORITY
Tim Shorrock |
With both the House and Senate remaining under Republican control, the nation's unions will continue
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Nov. 6, 1996Quotations are based on prices reported in the market or obtained from sup
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