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DAILY PETROLEUM PRICES MONDAY AUG. 17, 1992
JOC Staff |
Prevailing sellers' posted prices at the close of business, representing the lowest and highest pric
COPPER USE SAGS IN S. KOREA AS ECONOMY CONTINUES TO LAG
Knight-Ridder Financial |
Copper demand in South Korea remains weak as the domestic economy continues to lag, industry sources
S. KOREA MANUFACTURERS' PROFITS DECREASED IN FIRST SIX MONTHS
Knight-Ridder Financial |
South Korean manufacturing firms suffered a significant decrease in profits during the first six mon
COMMODITY BRIEFS
From Wire and Staff Reports |
GOOD NEWS ABOUT CROP HURTS COCOA PRICESCocoa prices here at London declined Monday on news f
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Aug. 17, 1992Bid AskedCopper_
KOREANS MAY ACCELERATE N. AMERICAN INVESTMENT
Peter Moreira |
The North American Free Trade Agreement signed by Canada, the United States and Mexico last week cou
INDONESIAN COAL MAKING HEADWAY IN US UTILITY MARKET
Tim Sansbury |
Indonesian coal suppliers will score a second hit in the U.S. utility market with the delivery of a
TRANSPORT BRIEFS
Wire and Staff Reports |
CONDUCTOR-ONLY PACT RATIFIED FOR CSXT LINEJACKSONVILLE, Fla. - CSX Transportation Inc. annou
FREE-TRADE AGREEMENT COULD UPROOT THOUSANDS OF MEXICAN FARM WORKERS
Michael Zielenziger |
Despite the promise of new jobs and economic rejuvenation that free trade offers Mexico, the surge o
Maritime
MORE DANES OPPOSED TO MAASTRICHT TREATY
Knight-Ridder Financial |
Denmark would again reject the Maastricht treaty on European union if another referendum on the issu
IMPORT LEADS
JOC Staff |
COOKWARE Stainless steel cookware. Contact Art Madeni Esya Sanayi, Fuatpasa Cad. Anadolu Car
Maritime
ITALY PLANS LINKUP OF TWO BOX LINES TO REDUCE COSTS
Allen S. Roberts |
The Italian government plans to merge its two state-owned containership lines, Italia di Navigazione
Maritime
CULLISON UNIT'S FINANCIAL TROUBLES MAY SPUR SETTLEMENT AT MEBA
Alan Abrams |
The long-running power struggle inside one of the nation's largest maritime unions may be inching cl
Maritime
MOZAMBIQUE PINS HOPES OF RECOVERY ON GATT MEMBERSHIP, PEACE TREATY
Milton G. Allimadi |
The east African nation of Mozambique became the 104th contracting party of the GeneralAgreement on
Maritime
2 GOLDEN GATE PORTS DUEL FOR CUSTOMERS
Allen R. Wastler |
The Port of San Francisco and the Port of Oakland are turning up the heat on one anotherin the compe
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
ISRAEL GOVERNMENT WARNED ON USE OF US GUARANTEES
(Reuter) |
Israel's central bank chief warned the new Labor government Sunday not to use billions of dollars in
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 199.60 up 0.12 which compares wi
SPOT COMMODITIES
JOC Staff |
Aug. 17, 1992 Included are list prices of suppliers. Quotations do not necessarily represent
GERMANY TO MAKE MOTORISTS PAY FOR UPGRADING RAILWAYS
(Reuters) |
Germany will make motorists pay for better passenger train service as part of a plan to ease overcro
MANILA NARROWS CURRENT ACCOUNT GAP
Knight-Ridder Financial |
The Philippine government posted a current account deficit of $556 million for the January-to-May pe
CHEMICAL BRIEFS
From Wire and Staff Reports |
EARNINGS FOR ROYCE TUMBLED IN FIRST HALFRoyce Laboratories, announcing a first-half loss tha
REPUBLICANS SEE FIGHT ON FREE-TRADE PACT
Tim Shorrock |
The North American Free Trade Agreement will be difficult to sell to American voters and could hurt
CHINA'S OUTPUT UP 21.8 PERCENT IN JULY
Knight-Ridder Financial |
Industrial output in China during July rose 21.8 percent from the same period a year earlier, the of
CITIC EYES N. AMERICAN INVESTMENT AS CHINA LOOSENS REINS ON FIRM
P.T. Bangsberg |
China's largest overseas investment company, the largely autonomous China International Trust & Inve
TIGHTNESS IN SINGAPORE'S FUEL OIL MART COULD LAST
Knight-Ridder Financial |
Fuel oil market tightness here is expected to last until mid-September when all local refineries wil
COAL TERMINAL REPORT AUG. 17, 1992
JOC Staff |
This table shows the vessels scheduled to call at U.S. coal terminals and the estimated tonnage repr
DETROIT EDISON SALES TUMBLE 11.5 PERCENT IN JULY
JOC Staff |
The consumer's air conditioner savings are Detroit Edison's slumping sales. The utility's sales were
ENERGY BRIEFS
Wire and Staff Reports |
OPEC OIL BASKET PRICE DOWN TO $19.07 A BARRELThe price of OPEC's basket of seven crude oils
RATE FEARS ESCALATE AS HYUNDAI, SEA-LAND LAUNCH NEW SERVICE
Janet Porter |
The inauguration today of the new Europe-Asia service to be operated jointly by Hyundai Merchant Mar
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug. 17, 1992 Prices in the spot chemicals table include spot quotations or list price
PEOPLE - MARITIME
Wire and Staff Reports |
AUSTRALIA-NEW ZEALAND DIRECT LINE INC. (Long Beach, Calif.) - Shari Blackwell has been named account
Maritime
NEWPORT NEWS SHIPBUILDING ISSUES DISCHARGE NOTICES TO 700
Barry Flynn |
Newport News Shipbuilding and Drydock Co. handed out layoff notices Friday to 700 employees, complet
Maritime
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Aug. 14, 1992CRUDE OIL(1,000 barrels; dollars and cents
NAVISTAR TOPPED MARKET IN JULY HEAVY-TRUCK SALES
Michael S. Lelyveld |
Navistar International Transportation Corp. topped the heavy truck market in July as nearly all majo
POSTAL CONTRACT WOULD HIKE COSTS, MAIL MARKETING ASSOCIATION SAYS
Mark B. Solomon |
The U.S. Postal Service's $1 billion contract to operate an air network to carry urgent mail shipmen
US CONCERNED ABOUT TENSIONS IN ANGOLA AS ELECTIONS NEAR
(Reuter) |
The United States Monday expressed concern about rising tensions in Angola ahead of elections and sa
Maritime
CRUDE STEEL OUTPUT STAGNANT IN JAPAN
Knight-Ridder Financial |
Japan's crude steel production remained stagnant in July, sagging to a five- year low, the Japan Iro
RAILROADS SEE GAINS IN MEXICO FROM NORTH AMERICA TRADE PACT
John Boyd |
U.S. railroads, taking their hats off to the North American Free Trade Agreement, stand to gain shar
KOREAN AIR TO LAUNCH NEW SERVICE TO BRAZIL
William Armbruster |
Korean Air will launch its first service to Latin America on Oct. 25 when it begins offering two fli
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