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HIGH PRICES, LOW DEMAND EXPECTED TO HINDER US GAS EXPORTS TO MEXICO
Michael J. Strauss |
Valero Energy Corp.'s natural gas subsidiary doesn't expect a rebound in U.S. gas exports to Mexico
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
P&G TO BUY INTO RUSSIA DETERGENT PLANTNEW YORK - The Procter & Gamble Co. said Frida
GASOLINE PRICES
JOC Staff |
Nov. 19, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
ENERGY BRIEFS
From Wire and Staff Reports |
CORROSION CAUSED W.VA. PIPELINE BLASTCHARLESTON, W.Va. - Corrosion caused a natural
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 19, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
KAZAKH METALS SECTOR EXPECTS FURTHER DECLINE NEXT YEAR
Janet Guttsman |
Nonferrous metals in the former Soviet republic of Kazakhstan are heading for another year of declin
ANOTHER DROP EXPECTED IN LME COPPER PRICES
Andy Home |
Prices for the London Metal Exchange's Grade A copper contract, which has fallen in recent weeks, ar
US MINING REFORM BILL DENOUNCED IN NEVADA
Associated Press |
Nevada's mining industry denounced the reform bill approved by the U.S. House as Draconian, while en
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Nov. 19, 1993 Quotations are based on prices reported in the market or obtained
INDONESIA SEEKS FORMATION OF ASIA-PACIFIC COFFEE GROUP
Knight-Ridder Financial |
Indonesia is actively seeking the formation of a grouping of coffee producers in the Asia-Pacific ar
ARCO TO ENTER PHILIPPINE OIL VENTURE
P.T. Bangsberg |
Atlantic Richfield Co. has signed a letter of intent with two Philippine companies for offshore oil
CHINA WARNS AGAINST ILLEGAL SALES IN STEP TOWARD OPEN GOLD MARKET
P.T. Bangsberg |
China is reiterating tight control over gold in what officials say is a step toward creation of a na
EUROPEAN AND JAPANESE SHIPOWNERS WANT MARITIME OUT OF GATT TALKS
Keith M. Rockwell |
European and Japanese shipowners Friday called on their governments to push for removal of ocean shi
THREE NATIONS ENCOURAGE TOURISM FOR PEACE IN MEDITERRANEAN REGION
Dirk Beveridge |
Israel, Egypt and Turkey have formed an alliance to promote tourism throughout the Eastern Mediterra
Maritime
BRITISH PETROLEUM VENTURE BREAKS GROUND ON RUSSIAN PLANT
Reuters |
A joint venture involving British Petroleum Co. and three Russian companies has started to build a f
PA. HOUSE PANEL APPROVES GASOLINE TESTING PLAN
Nick Jesdanun |
For just $450,000 a year, state inspectors can stop millions of dollars in fraud at the gasoline pum
BILSPEDITION CONTINUES TO WHITTLE AWAY AT LOSS
Janet Porter |
Bilspedition AB, the Swedish transport and shipping group, reported a further improvement in financi
Maritime
BUYERS NAVIGATE TRICKY WATERS IN NEW YORK HARBOR OIL MART
Arthur Gottschalk |
Oil buyers in New York harbor with arrangements linked to posted prices or published tables must man
MARITIME BRIEFS
From Wire and Staff Reports |
POL TAPS NORTON LILLY AS GULF, S. ATLANTIC AGENTSOUTH PLAINFIELD, N.J. - Polish Ocea
Maritime
PORT AUTHORITIES EXPECT TO REAP BENEFITS OF NAFTA
Tim Sansbury |
The American Association of Port Authorities Thursday endorsed the House vote in favor of the North
Maritime
JOURNAL OF COMMERCE - FAST FACTS LIVES LOST AT SEA
Institute of London Underwriters |
Graph only.
TRADE BRIEFS
From Wire and Staff Reports |
UGANDA LIFTS SANCTIONS AGAINST SOUTH AFRICAKAMPALA, Uganda - Uganda formally lifted
Maritime
JUDGE AWARDS SALVORS 90 PERCENT OF GOLD RECOVERED FROM 19TH-CENTURY WRECK
Bryan Smith |
It had been called the greatest sunken treasure ever found. But even after winning nearly al
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Doing Business in China. Nov. 23. Allentown, Pa. Contact: Diane Albert, World
Maritime
JAL EXECUTIVE IS UNOFFICIAL AIR CARGO SPOKESMAN
William Armbruster |
His company has a fancy Fifth Avenue address, but his office is a modest hole in the wall. His staff
BRAZIL, RUSSIA TO SIGN $2 BILLION TRADE PACT NEXT MONTH
Elizabeth Herrington |
Brazil and Russia will sign a five-year, $2 billion trade agreement Dec. 2 or 3 in Moscow, Brazilian
Maritime
US TEXTILE STANCE WILL BE HARD SELL IN URUGUAY ROUND
John Zarocostas |
A White House promise to secure votes for the North American Free Trade Agreement has attracted conf
ASIA MUST EASE BARRIERS TO INVESTMENT, EXPERTS SAY
Brian Johns |
Asia-Pacific representatives are talking up the principle of freer trade and investment in the regio
Maritime
US FARM EQUIPMENT EXPORTS ACCELERATE
Charles W. Thurston |
Latin American agricultural businesses have been a fertile market for U.S. exports of farm equipment
EXPORTS AND GENERAL IMPORTS _ SELECTED COMMODITY GROUPINGS
Source: U.S. Commerce Department |
(In Millions of Dollars) September 1993 August 1993 September 1992Exports* Im
SEPTEMBER IMPORTS, SEASONALLY ADJUSTED
SOURCE: U.S. Census Bureau tables, adapted by Paul Schaffer. |
Vs. Vs. Vs. Vs. Value Prior 2 Mos. 1992 1991Mil. $ Mo. Back
Maritime
WIDENING TRADE GAP EXPECTED TO TOP $120 BILLION FOR '93
Tim Shorrock |
The U.S. trade gap will probably surge to more than $120 billion this year, underlining the need for
Maritime
SEPTEMBER EXPORTS, SEASONALLY ADJUSTED
SOURCE: U.S. Census Bureau tables, adapted by Paul Schaffer. |
Vs. Vs. Vs. Vs. Value Prior 2 Mos. 1992 1991Mil. $ Mo. Back
Maritime
NY-NJ PORT AUTHORITY LAUNCHES EFFICIENCY DRIVE
Alan Abrams |
With slow economic growth projected in the New York metropolitan region over the next few years, pla
Maritime
SENATE LEADERS VOW TO PUSH BILL TO COMBAT FOREIGN SHIP SUBSIDIES
Stephanie Nall |
Key Senate leaders Thursday said they will push for final passage of legislation to combat foreign s
Maritime
NAFTA VOTE LIFTS HOPES AT GATT TALKS
John Zarocostas |
Hopes of achieving a breakthrough in the ongoing global trade-reform talks were lifted significantly
COST OF CREDIT
JOC Staff |
Thursday, Nov. 18, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
COLOMBIA'S ECONOMY FORECAST TO GROW
Michael Stott |
Colombia's economy will grow at least 4.5 percent this year and is likely to carry on at the same pa
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
REPORTER'S NOTEBOOK A LAND OF OPPORTUNITY (AND CAMARADERIE) AWAITS
Gregory S. Johnson |
IF YOU LONG to be wined and dined by prospective business partners, head south of the border, execut
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