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UTILITIES SHOULD BE ALLOWED TO USE GAS FUTURES, CALIF. REGULATOR SAYS
Michael J. Strauss |
State public utility commissions should let regulated utilities use natural gas futures to manage pr
ENERGY BRIEFS
From Wire and Staff Reports |
RUSSIA WON'T REDUCE OIL EXPORTS, OFFICIAL SAYSMOSCOW - Russia has no intention to re
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Feb. 11, 1994Brent Crude Oil - (Dollars Per Barrel)
RUSSIAN SMELTERS ARE KEY TO ALUMINUM OUTPUT DEAL
Geoff Winestock |
A global agreement in principle to bolster aluminum prices by slashing 2 million metric tons of worl
SPOT PRODUCT PRICES
JOC Staff |
Feb. 11, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 11, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
GASOLINE PRICES
JOC Staff |
Feb. 11, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
DEMAND FOR NEW BOXES FRUSTRATES LESSORS
Allen R. Wastler |
Is an old marine container just as good as a new one? That question is inspiring a heated ar
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Feb. 10, 1994 Prev. Life of Contr. OpenOpen High Low
DAILY PETROLEUM PRICES
JOC Staff |
Friday Feb. 11, 1994 Prevailing sellers' posted prices at the close of business, representin
ENERGY BRIEFS
From Wire and Staff Reports |
BLAST SHUTS GAS LINE SUPPLYING ARMENIALONDON - A pipeline supplying natural gas to A
INSIDE TALK - ARTHUR GOTTSCHALK GAS USERS PUT HEAT ON OIL SUPPLIERS BY SWITCHING FUEL
Arthur Gottschalk |
When peak winter demand forces "interruptible" natural gas users to switch to fuel oil, the sudden i
EUROPEAN IMPORTS OF COAL SEEN FLAT AS GAS GAINS FAVOR
George F.W. Telfer |
European imports of American and other foreign steam coal for power generation will not boom when Eu
JOURNAL OF COMMERCE - FAST FACTS LEADING SUPPLIERS OF US LINGERIE IMPORTS
Trade Inflo, Frederick Md. |
January-November 1993 (in millions of dollars)Hong Kong $88.71Cos
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
COST OF CREDIT
JOC Staff |
Friday, Feb. 11, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
RUSSIA URGED TO HELP END CRISIS ON FUEL PAYMENTS
Brian Killen |
Yuri Shafranik, Russia's fuel and energy minister, urged the government on Friday to help end a fina
US-JAPAN TRADE WOES TO HELP YEN MAINTAIN ITS STRENGTH, TRADERS SAY
Gordon Platt |
The Japanese yen will rise against the U.S. dollar this week, currency traders and analysts said, bu
FUEL OIL SPILLS INTO DETROIT RIVER
Knight-Ridder Newspapers |
Detroit shut off its water intake at Fighting Island on Thursday, after thousands of gallons of fuel
SPAIN'S '93 GDP SHRANK 0.9 PERCENT
Knight-Ridder Financial |
Spanish gross domestic product shrank an estimated 0.9 percent in 1993, the Bank of Spain said in it
COLD SNAP CAUSES PROPANE SHORTAGE AT SOME SOUTH CAROLINA BUSINESSES
Susan Mckenzie |
Last month's cold snap made it difficult for some of the state's industrial customers to obtain prop
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
DECISION EXPECTED SOON ON THAI SMELTER VENTUREBANGKOK, Thailand - A decision is expe
SPANISH INFLATION RISES TO 5 PERCENT
Reuters |
Spanish prices rose a full percentage point in January to give a yearly inflation rate of 5 percent,
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 11, 1994 Quotations are based on prices reported in the market or obtained from s
CHINA'S APPAREL INDUSTRY FACES SQUEEZE ON MATERIALS
P.T. Bangsberg |
China is forecasting severe shortages this year in cotton and other raw materials for textiles and g
WENTE POURS EFFORTS INTO VIETNAM MARKET
Brian Johns |
Wente Bros. Winery has stolen another march on its competitors, this time inVietnam.
Maritime
LITHUANIAN FARMERS STRIKE OVER DEBTS
Knight-Ridder Financial |
Lithuania's farmers went on strike last week in response to calls by the Union of Lithuanian Farmers
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent -0.452/7 96.5 2/8 96.6 2/9 96.3
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Thursday at 227.05 off 0.53 which compares
PRIVATIZATION OF STEEL SECTOR BOOSTS BRAZIL OUTPUT, EXPORTS
Inez Landeira |
Brazil expanded steel production and exports by 5 percent and 1 percent, respectively, in 1993 over
Maritime
SPOT COMMODITIES
JOC Staff |
Feb. 11, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
US CHALLENGE OF PANEL RULING ANGERS CANADA LUMBER FIRMS
Leo Ryan |
Canadian softwood lumber interests are up in arms over an initiative announced last week by U.S. Tra
Maritime
BRITISH TRADE GAP CAUSES LITTLE CONCERN
Alan Raybould |
Britain's trade deficit widened to UK1.04 billion ($1.52 billion) in Novemberfrom UK703 mill
Maritime
NEW AGENCY TO SPEED APPROVAL OF DRUGS, EU OFFICIALS PREDICT
Ben Hirschler |
New products in drug companies' development pipelines could reach key markets two or three years fas
UK TRADER PAINTS A BLEAK PICTURE FOR 1993-94 GLOBAL SUGAR SUPPLIES
Knight-Ridder Financial |
A major British trade house has become more pessimistic about sugar supplies in the 1993-94 season.<
BALTIC FREIGHT INDEX
JOC Staff |
1156 (Feb. 11, 1994) Previous day - 1170 The Baltic International Freight Futures Market in
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
FREIGHT RATE FUTURES
JOC Staff |
Feb. 11, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
CARRIERS OPERATING IN COASTAL TRADE EXPECTED TO RECEIVE AID FROM INDIA
N. Vasuki Rao |
After giving incentives to ocean shipping, the government is now turning its attention to coastal tr
Maritime
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