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CORRECTION
JOC Staff |
The story headlined "Sao Paulo Firm Finds US Niche for Its Small PrintingPresses," which app
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange July 20, 1993Prev. Life of Contr. OpenOpen High Low
ROLLS-ROYCE MAKES A DENT IN CHINESE AUTO MARKET
Reuters |
Rolls-Royce Motor Cars is rolling up brisk sales in what once would have seemed an unlikely market -
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 20, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
SPOT PRODUCT PRICES
JOC Staff |
July 20, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
TRUNKLINE GETS APPROVAL TO CONNECT ILL. PLANT
Knight-Ridder Financial |
Trunkline Gas Co., a unit of Panhandle Eastern Corp., received federal approval to connect its first
SAUDIS SPEED PLANS TO BOOST OIL CAPACITY
Reuters |
Saudi Arabia, already the world's largest oil exporter, is speeding up plans to increase oil product
DOCKWORKERS' STRIKE HITS ALGIERS
Associated Press |
Dockworkers went on strike Tuesday, demanding higher wages from a military- backed regime already be
Maritime
CRB INDEX CALLED A WEAK INDICATOR OF OVERALL INFLATION
Renee Mcgaw |
A sharp rise in the Commodity Research Bureau's index of 21 commodity prices heavily weighted to gra
WET WEATHER DAMPENS GRAIN OUTLOOK AS RUSSIAN HARVEST SWINGS INTO ACTION
Brian Killen |
The big "Don-1500" Combine, the powerhouse of Russia's harvest campaign, turned slowly at the end of
ANTI-CANCER DRUG BOOSTS HAUSER'S PROFIT
Judith Graham |
Buoyed by strong demand for its anti-cancer derivative taxol, Hauser Chemical Research Inc. recorded
DU PONT JOINS INDONESIAN VENTURE TO BUILD SE ASIA'S FIRST PET PLANT
P.T. Bangsberg |
The first Southeast Asian plant producing polyethylene terephthalate resin will be built in Indonesi
PORT OF WHITTIER LIKELY TO LOSE BIG CRUISE SHIP DOCKINGS IN '94
Associated Press |
The Port of Whittier lost most of its cruise ship traffic to Seward this year, and next year it look
Maritime
OPERATING CHIEF QUITS US UNIT OF MOL DAVIS DEPARTS AS NEW PRESIDENT ENTERS THE SCENE
Peter M. Tirschwell |
James V. Davis, the senior American executive at Mitsui O.S.K. Lines (America) Inc., has resigned an
FLOOD'S THREAT TO TRADE WORRIES SHIP LINES
Allen R. Wastler |
Flood waters in the Midwest are threatening to wreak havoc on ocean carriers operating in the Pacifi
TRUCKING GROUP TO STEP UP LOBBYING AGAINST GASOLINE TAX PROPOSALS
Journal of Commerce Staff |
Thomas Donohue, president of the American Trucking Associations, said Tuesday the lobbying group wou
RAIL INDUSTRY SAYS STRIKE WOULD BE RULE VIOLATION
Rip Watson |
The rail industry Tuesday responded to the Brotherhood of Maintenance of Way Employes' protest of wo
UK SUBMITS REPORT TO US AVIATION COMMISSION
Keith M. Rockwell |
The British government Tuesday urged the United States to ease restrictions on foreign investment in
CHINA SHIP ACCIDENTS ROSE IN FIRST HALF OF '93
P.T. Bangsberg |
The number of shipping accidents in China increased in the first half of this year over last, but fi
Maritime
TRADE BRIEFS
Wire and Staff Reports |
CHINA TRADE SURPLUS HITS $3.5 BILLIONBEIJING - China's foreign trade totaled $77.84
Maritime
FRENCH PRESS EC FOR RESTRICTIONS ON SCANDINAVIAN PAPER IMPORTS
Tara Patel |
French industry minister Gerard Longuet is pressing the European Commission to protect France's pape
Maritime
IRAN-UAE TRADE INCREASES DESPITE TERRITORIAL TENSIONS
Knight-Ridder Financial |
Trade between the United Arab Emirates and Iran is growing steadily despite tension in their ties ca
Maritime
*SPOT COMMODITIES
JOC Staff |
July 20, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
SHIP COLLISION OFF HONG KONG BEING PROBED, LLOYD'S SAYS
Knight-Ridder Financial |
A full investigation has been launched into the cause of Sunday's collision between the freighter Su
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 20, 1993 Quotations are based on prices reported in the market or obtained
TANKER WITH FAULTY PUMP HEADS FOR REPAIR IN MASS.
TOM McNIFF Jr. |
A Cypriot-flagged tanker, which faces possible action by U.S. and Cypriot authorities for alleged sa
Maritime
COAST GUARD SENDS OUT SOS FOR HELP ON HULL RESEARCH
Tim Sansbury |
The Coast Guard wants to find out if anybody out there, public or private, is willing to help pay fo
Maritime
INSURERS PUT STORM CLAIMS AT $550 MILLION MIDWEST TOLL STILL CLIMBING
Paul Dykewicz |
Commercial insurers so far expect to pay out more than $550 million in claims for property, business
THAI CENTRAL BANK EXPECTS STRONG GROWTH
Knight-Ridder Financial |
The Bank of Thailand expects the Thai economy to grow at a slower rate in 1993 than its original for
INSURANCE EARNINGS
Wire and Staff Reports |
ALLSTATE PROFIT JUMPED IN SECOND QUARTERNORTHBROOK, Ill. - In its first earnings rep
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
TRADE FAIRS
JOC Staff |
NORTH AMERICA Euro-Florida Trade Expo. Aug. 3-5. Port Everglades, Fla. Contact: World Trade
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday July 20, 1993 Prevailing sellers' posted prices at the close of business, representi
PHIBRO ENERGY PURCHASES OIL REFINERY FROM DOW
David Ivanovich |
Houston-based Phibro Energy USA purchased a closed refinery in Freeport, Texas, and plans to dismant
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) July 20, 1993Bid AskedCopper_
ROLL-ON SHIPPING STILL POPULAR FOR TRADE IN CARIBBEAN BASIN
Craig Dunlap |
Roll-on, roll-off shipping may be dying in many trade lanes, especially the major east-west trades,
GATT MEETING TO FOCUS ON SUBSIDIZED US WHEAT
John Zarocostas |
The Clinton administration's decision to export subsidized wheat to Mexico under the Export Enhancem
Maritime
TRADE EXPERTS HIT US ACTION IN SQUASHING ROCKET SALE
Michael S. Lelyveld |
Successful U.S. efforts to block a Russian rocket sale to India has sparked fears in some quarters t
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
TRADE BETWEEN INDIA, US MAY RISE SHARPLY IN '93
N. Vasuki Rao |
Trade between India and the United States may increase substantially this year. According to
Maritime
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