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OIL STOCKS BUILD UP IN SINGAPORE ON EXPECTED RISE IN ASIAN DEMAND
Yeoh May |
Oil storage capacity in Singapore, in surplus earlier this year, is being snapped up as traders bet
SPOT COMMODITIES
JOC Staff |
June 7, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
4TH-QUARTER PROFIT FELL AT WEDCO TECHNOLOGYBLOOMSBURY, N.J. - Wedco Technology Inc.,
16 INSURANCE AGENCIES BID TO DROP FLORIDA CUSTOMERS
David Satterfield |
Sixteen insurance companies are asking for permission to continue dropping policyholders during hurr
STATE ISN'T DEPENDENT ON NAFTA
Special to The Journal of Commerce |
Houston's Sunbelt Medical Corp. hardly ranks among the commercial giants of Texas. As a symb
BRAZILIAN PORT REFORM SEEN BOOSTING EXPORTS
James Bruce |
Port authority officials seated last week under this country's new port reform law could boost expor
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1585 (June 7, 1993) Previous day - 1597 The Baltic International Freight Futures Market in L
Maritime
SPOT PRODUCT PRICES
JOC Staff |
June 7, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
TAIWAN DRAFTS PLAN TO BOOST PRIVATE FUNDING
Knight-Ridder Financial |
Taiwan's government has drafted a comprehensive plan to maintain a 6 percent to 7 percent economic g
Maritime
SUIT BLAMING LLOYD'S REGISTER IN FIRE DEATHS IS DISMISSED
Journal of Commerce Staff |
A Florida circuit court judge has dismissed a lawsuit against Lloyd's Register of Shipping that stem
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 206.82 off 0.26 which compares w
PEOPLE - INSURANCE
From Wire and Staff Reports |
AMERICAN RE-INSURANCE CO. (Princeton, N.J.) - Domenic Canepa was promoted to vice president within t
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
INSURANCE BRIEFS
Wire and Staff Reports |
HEALTH CARE UNCERTAINTY DECRIED BY MANAGERSCHICAGO - Uncertainty over what shape hea
RIFT OVER THAI ROADWAY ROILS INVESTOR WORRIES
Knight-Ridder Financial |
A row between the Thai government and contractors over an expressway project not only has delayed th
MICRON TECHNOLOGY SETTLES WITH KOREAN CHIP MAKER
Brian Johns |
Micron Technology Inc. has worked out a tentative cross-licensing agreement with Goldstar Electron C
Maritime
CENTRAL AMERICA, CARIBBEAN BACK NAFTA PARITY BILL
Canute James |
Central American and Caribbean countries are throwing their weight behind a proposal that would give
Maritime
MINE WORKERS TO END STRIKE AGAINST AMAX
Arthur Gottschalk |
The United Mine Workers of America said Monday they will end their strike against Amax Coal Industri
PEOPLE - MARITIME
From Wire and Staff Reports |
GENERAL STEAMSHIP CORP. (San Francisco) - Scott Watterworth, executive vice president and general ma
Maritime
CANADIAN GROUP PROTESTS OPENING OF BARLEY MART
Leo Ryan |
The Ottawa-based Canadian Federation of Agriculture has sharply criticized the federal government's
JAPANESE FIRMS MAY SUSPEND ETHYLENE PLANTS
Knight-Ridder Financial |
Continued weak demand for plastics is forcing Japanese petrochemical firms to consider temporarily c
ALLSTATE HOPES TO GAIN OK TO LIMIT HOMEOWNERS COVERAGE NATIONWIDE
Paul Dykewicz |
Allstate Corp. is attempting to win approval from state insurance regulators to revise its homeowner
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
MILES INC. TO LIMIT DRUG PRICE INCREASESMiles Inc. will limit price increases of its overall
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended May 29, total piggyback freight hauled on the nation's major railroads equaled 13
SALINAS BIDS TO PRIVATIZE MEXICAN PORT SYSTEM PLAN WOULD EASE FOREIGN INVESTMENT
Kevin G. Hall |
After months of consensus-building, Mexican President Carlos Salinas de Gortari has asked his nation
GRAIN, AUTOS LED MAY RAIL TRAFFIC INTERMODAL VOLUME ALSO INCREASED
Lawrence H Kaufman |
Strong carloadings of grain and autos contributed to a 3.5 percent increase in May railtraffic, whil
HIGH COURT REFUSES TO HEAR KALITTA APPEAL
Journal of Commerce Staff |
The Supreme Court Monday refused to consider whether an engineering design company is entitled to ex
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
FREIGHT RATE FUTURES
JOC Staff |
June 7, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
INDIAN ELECTION'S "TERROR TACTICS' LEAD TO STRIKE
Reuters |
A strike called by parties opposed to the Marxist government in India's West Bengal state closed dow
Maritime
JAPAN'S CHIYODA WINS CONTRACT FOR LNG PLANT
Knight-Ridder Financial |
Chiyoda of Japan has won a turnkey contract to build, equip and commission a billion-dollar liquefie
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) June 7, 1993Bid AskedCopper_G
JUDGE REFUSES TO STOP NEWARK BAY DREDGING
Alice Cantwell |
In a case that is being closely watched by environmentalists and port interests nationwide, a federa
PUERTO RICAN LOAN CUTS MAY THREATEN US VENTURES
Canute James |
Puerto Rico's decision to cut back a program of cheap loans to its Caribbean Basin neighbors has cas
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange June 7, 1993Prev. Life of Contr. OpenOpen High Low
DAILY PETROLEUM PRICES
JOC Staff |
Monday June 7, 1993 Prevailing sellers' posted prices at the close of business, representing
THAI TRADE DEFICIT GROWS SHARPLY
Knight-Ridder Financial |
Thailand's January-March trade deficit stood at 74.4 billion baht ($296 million), up 63.9 percent fr
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 7, 1993 Quotations are based on prices reported in the market or obtained from su
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending June 4, 1993. U
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