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CHINA WEIGHS NEW LIMITS ON OIL IMPORTS
Tan Ee Lyn |
China is considering new curbs on oil imports this year to protect sales of domestic crude oil and r
COST OF CREDIT
JOC Staff |
Wednesday, Jan. 26, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
GASOLINE PRICES
JOC Staff |
Jan. 26, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
FRANCE SEEKS FULL EMBARGO AGAINST HAITI
Reuters |
France Wednesday drafted a resolution calling for a full trade embargo against Haiti, grounding all
NEW US OIL SPILL CLEANUP SYSTEM PASSES ITS FIRST TEST IN SAN JUAN
Alan Abrams |
His hotel's beaches are still fouled. He has had to bus tourists to competing hotels. But Ra
API WEEKLY REPORT DISTILLATE FUEL OIL SUPPLIES DECLINE
Journal of Commerce Staff |
U.S. distillate fuel oil inventories fell by 8.2 million barrels during the week ended Jan. 21 compa
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
LNG DEMAND SPURS ASIAN PIPELINE EXPANSION
Michael Shari |
Demand for liquefied natural gas for power generation in Southeast Asia is leading to development of
ENERGY BRIEFS
Wire and Staff Reports |
37 FEARED DEAD IN FIRE AT INDIAN COAL MINECALCUTTA, India - At least 37 coal miners
JAPAN WARNS OF COMPLACENCY REGARDING CHEAP OIL PRICES
Reuters |
Current low oil prices could blunt the will to develop new energy sources, but complacency would inv
KEROSENE PROVIDES LOOPHOLE FOR EVASION OF DIESEL FUEL TAX
Arthur Gottschalk |
Frigid temperatures over much of the country this winter have highlighted the role kerosene plays as
BOOMING SOUTHEAST ASIA EXPECTED TO FUEL DEMAND FOR COPPER PRODUCTS
Junko Oshima |
Copper consumption in Southeast Asia, led by Thailand, will grow in 1994, offsetting poor Japanese d
TEXACO MARKETPLACE TO DEAL IN NATURAL GAS
Knight-Ridder Newspapers |
Texaco Inc., the oil company with major holdings in natural gas, said it was creating a new marketpl
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
TEXACO ADDITIVES UNIT EXCLUDED FROM DEALHOUSTON - A group led by Huntsman Financial
SPOT COMMODITIES
JOC Staff |
Jan. 26, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
NORTH DAKOTA CANOLA GROWERS BATTLE EPA OVER BANNED PESTICIDE
Rona K. Johnson |
Canola producers in North Dakota want to unite to change a rule that inhibits canola production.
RUSSIAN COMMITTEE BACKS ALUMINUM PRODUCTION CUTS
Grigori Gorenstein |
The Russian government's Operative Committee has decided to accept recommendations by the State Meta
WHITE HOUSE OFFERS PLAN TO CURB PESTICIDE EXPORTS
Reuters |
The Clinton administration Wednesday offered a new plan to curb exports of dangerous pesticides and
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 26, 1994 Quotations are based on prices reported in the market or obtained from s
FREIGHT RATE FUTURES
JOC Staff |
Jan. 26, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
TEXAS PORT GEARS UP FOR MEXICAN GROWTH
Kevin G. Hall |
Sensing traffic gains in the non-containerized trades, the closest deep-water port to the Mexican bo
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
SOUTH SEAS STEAMSHIP CO. (San Francisco) - Capt. Leif G. Gistrand was appointed president and chief
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1220 (Jan. 26, 1994) Previous day - 1228 The Baltic International Freight Futures Market in
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
LAWSUIT SEEKS REVIEW OF SUBSIDIZED-TANKER USE
Tim Sansbury |
Overseas Shipholding Group, of New York, has sued the U.S. government in federal district court here
Maritime
ARABS URGED TO ATTRACT INVESTMENT BY CREATING REGIONAL STOCK MARKETS
Ahmed Al-Jabri |
Economic experts from Arab countries and the International Monetary Fund ended two days of talks Wed
MALAYSIA FIGHTS SPECULATORS FOR CONTROL OF ITS CURRENCY
Reuters |
Malaysia's central bank, reeling from foreign exchange losses, is waging war on speculators to maint
GLOBAL SEARCH GENERATES INTEREST IN SHIPYARD AT PORT OF PORTLAND, ORE.
John Davies |
Shipyards in Japan, Germany and the United States have responded to a search for another company to
Maritime
TUG CONCERNS AGREE: KEEP GOVERNMENT OUT OF CALIF. DEBATE
Brian Johns |
A roiling debate about satisfying a proposed tanker requirement in California may be little other th
Maritime
NEGOTIATIONS RESUME AS ACTION DRAGS ON AT ARGENTINE PORT
Paula L. Green |
Officials at the Ministry of Labor were meeting with maritime industry officials late Wednesday in a
Maritime
GOVERNMENT DELAYS BIDS ON PRIVATIZATION OF BUENOS AIRES
Special to The Journal of Commerce |
The Argentine government has delayed the opening of bids for the privatization of the Port of Buenos
Maritime
HEARING RAISES ISSUE OF GATT BILL FINANCING
John Maggs |
The House Ways and Means Committee gave a friendly reception Wednesday to a world-trade pact reached
NJ BATTLE HELPS DEEPEN US INTEREST IN DREDGING
Alice Cantwell |
Dredging as a way to keep the nation's watery highways open to commerce is gaining a higher profile
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
MO. OFFICIALS QUESTION DELAYED REPORT OF LEAKST. LOUIS - The Missouri Department of
Maritime
US DOLLAR MOVES LOWER AGAINST YEN AS TALKS STALL
Alan Zimmerman |
The U.S. dollar declined against the yen Wednesday on growing U.S. frustration over lack of progress
EASTERN GERMAN INDUSTRY OUTPUT DOWN ON MONTH, UP ON YEAR
Knight-Ridder Financial |
Eastern German industrial output fell 4.4 percent in November from Octobermainly because of
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent -0.391/19 95.4 1/20 95.1 1/21 95.1
LEGISLATIVE PANEL TOLD CONN. COMP FUND ABUSED
Associated Press |
A state fund that provides high-risk workers compensation insurance is being exploited and is in nee
HONG KONG SURVEY SHOWS OUTLOOK STRONG FOR INSURANCE SECTOR
P.T. Bangsberg |
Infrastructure construction and rising demand for medical insurance are likely to sustain the local
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