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JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago6/22 6/21 Change % Change: 5/27
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) June 22, 1993Bid AskedCopper_
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
BHP-MAGMA VENTURE MAY BID ON EL ABRA COPPER PROJECT
Knight-Ridder Financial |
BHP Minerals and Magma Copper Co. have formed a joint venture to evaluate the potential for preparin
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 22, 1993 Quotations are based on prices reported in the market or obtained
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
UNIVAR CORP. REPORTS $3.3 MILLION IN EARNINGSKIRKLAND, Wash. - Univar Corp., one of the nati
LATIN COFFEE PRODUCERS WILL MEET
Dan Trotta |
Coffee producers from Brazil, Colombia and Central America are set to meet here and formalize a new
PRIVATIZATION OF PECHINEY IS EXPECTED TO BE DELAYED
Reuters |
The chairman of France's nationalized aluminum and packaging group Pechiney SA said that the firm's
WHITE HOUSE HITS PROPOSED CAP ON HARBOR MAINTENANCE COLLECTIONS CLINTON ENDORSES CHARTING PROGRAMS
WILLIAM DiBENEDETTO |
The Clinton administration opposes a congressional proposal to place a cap on harbor maintenance fun
Maritime
LUFTHANSA IN DISCUSSIONS WITH GREEK, PORTUGUESE LINES
JOC Staff |
Lufthansa German Airlines confirmed it has had exploratory talks with Olympic Airways of Greece and
PEOPLE - INSURANCE
From Wire and Staff Reports |
ZURICH REINSURANCE CENTRE INC. (New York) - Several senior vice presidents were named by the newly f
MERRILL LYNCH CALLS E. EUROPE TOO RISKY
Knight-Ridder Financial |
Western investors are watching developments on Eastern European capital markets with a growing inter
MARITIME BRIEFS
From Wire and Staff Reports |
TORONTO HARBOR GROUP ELECTS NEW CHAIRMANTORONTO - The board of the Toronto Harbor Co
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange June 22, 1993Prev. Life of Contr. OpenOpen High Low
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 22, 1993Brent Crude Oil - (Dollars Per Barrel)
CAIRNS GROUP SAYS JAPAN CRISIS WON'T OVERSHADOW FARM ISSUES
James Glynn |
The Cairns Group of free traders is confident the issue of open farm trade will be highlighted at it
Maritime
COST OF CREDIT
JOC Staff |
Tuesday, June 22, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
DOLLAR RISES DESPITE RUMORS OF BUNDESBANK DOLLAR-SELLING
Alan Zimmerman |
The U.S. dollar rose Tuesday, briefly touching 1.70 deutsche marks despite talk that the German Bund
FORD SHOWS LATEST MODELS, WILL SELL 5 LINES IN CHINA
P.T. Bangsberg |
For the first time, Ford Motor Co. is showing off its latest models this week at the Auto Shanghai '
Maritime
INDIA MOUNTS CAMPAIGN TO LURE US INVESTORS
Richard Lawrence |
Indian government and business leaders launched a cross-country campaign here this week to attract m
Maritime
DEREGULATION HURTS MARKET SHARE OF INDIA'S MMTC
Shiva Lingam |
India's Minerals and Metals Trading Corp., which previously held a monopoly on nonferrous metal impo
FIVE MORE INDICTED IN SAN FRANCISCO ON CHARGES OF SMUGGLING ALIENS
Brian Johns |
A San Francisco grand jury has indicted five more men on charges of conspiring to smuggle, transport
Maritime
CHEMICAL COMPANIES URGED TO PLAN FOR ASIA-PACIFIC REGION COMPETITION
Gary Taylor |
Chemical manufacturers serving the Asia-Pacific region must plan for global competition there in ord
NAIC PROPOSES TOUGH MEASURES AFFECTING INSURERS BASED ABROAD
John Boyd |
State insurance regulators meeting here have advanced two important measures that would toughen thei
CF MOTOR GETS ONE-YEAR R.J. REYNOLDS LTL CONTRACT
Gregory S. Johnson |
R.J. Reynolds Tobacco Co. of Winston-Salem, N.C., has awarded CF Motor Freight a one-year contract t
TAA RIVAL SHUTS DOWN AFTER JUST 2 SAILINGS BOOKINGS FAIL TO MEET EXPECTATIONS
Peter M. Tirschwell |
American Contract Freight Lines, formed in March to provide shippers with a cheaper alternative to t
SPOT PRODUCT PRICES
JOC Staff |
June 22, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
ORDERS FOR TWO NORWEGIAN BULKERS ADD MUSCLE TO CHINA'S SHIPBUILDING
Alan Abrams |
With a recent order for a sophisticated type of vessel usually built in Japanese yards,the Chinese s
Maritime
TRADE BRIEFS
Wire and Staff Reports |
TAIWAN TO ESTABLISH TRADE OFFICES IN CHINATaiwan will establish trade offices in China to ha
Maritime
ECONOMIC OVERHEATING SPARKS WARNING IN CHINA
Andrew Quinn |
China's super-charged industrial growth has pushed prices sharply higher and tightened economic bott
Maritime
NAFTA UNCERTAINTY AND INFLATION EXPECTED TO DELAY MEXICO RECOVERY
Christine Tierney |
Uncertainty over the North American free-trade agreement has led economists to scale back their expe
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
SPANISH BANK SEEKS LICENSE TO OPERATE AS US BROKER
Reuters |
Banco Santander SA has applied to the U.S. Federal Reserve for permission to operate as a merchant b
CIVIL WAR MAY DELAY AZERBAIJAN PROJECTS
Journal of Commerce Staff |
Like Kazakhstan, the republic of Azerbaijan recently signed agreements with international oil compan
FRAMATOME EXPECTS DROP IN PROFIT FOR 1993
JOC Staff |
Framatome, the nuclear power plant builder owned by the French state and Alcatel Alsthom, said Tuesd
VENTURES PERMITTED TO RESUME RUSSIAN EXPORTS
Reuters |
Russia has allowed joint ventures to resume oil exports, but at lower levels than before a ban was i
CHINA OFFICIAL PUSHES PERSIAN GULF TRADE
Journal of Commerce Staff |
Chinese Vice Premier Li Lanqing left this week for the Persian Gulf to promote trade, investment and
ASIAN FUTURES
JOC Staff |
June 22, 1993 JAPAN*Financial FuturesPrecious MetalsTokyo Commodity
COMEX METAL WAREHOUSE
JOC Staff |
June 22, 1993 Copper Total, 105,082. Gold Total, .2,143,542.Silver To
INDIAN COMPUTER SHOW TO PUSH FOR INVESTMENT
N. Vasuki Rao |
Asian computer manufacturers this fall will hold a show here billed as the biggest such event so far
Maritime
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