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ARGENTINE OIL OUTPUT UP 24.8 PERCENT ON YEAR
Knight-Ridder Financial |
Argentina produced 31.6 million barrels of crude oil in January-February, up 24.8 percent from 25.31
PUBLISHER'S NOTEBOOK
Don C. Becker |
It's nice to be in a part of the world where optimism abounds and economic growth forecasts are down
OIL TANKER RATES PLUNGE AS NEW SHIPS ENTER SERVICE
Alan Abrams |
Oil tanker charter rates have fallen into a tailspin, dropping from levels that for some owners were
US JUICE PROCESSORS SET SIGHTS ON JAPAN IMPORT QUOTA TO END IN APRIL
Pei-Tse Wu |
Japan will lift import restrictions on orange juice April 1, letting U.S. processors freely compete
AIR FORWARDER ASSOCIATION TO TOUGHEN IN BID TO WIN GREATER MARKET SHARE
John Boyd |
An international alliance of medium-sized forwarders, in a bid to fight the heavyweights for a bigge
CN RAIL WORKERS OK SMALLER FREIGHT CREWS
Journal of Commerce Staff |
The United Transportation Union has ratified an agreement with Canadian National that will permit tw
FRENCH ADMIRAL VOWS TO STOP GREENPEACE SHIP
(Reuter) |
The commander of French forces in the South Pacific said Tuesday he would prevent a vessel from the
Maritime
CHEMICAL BRIEFS
Wire and Staff Report |
TENNECO TO SELL UNIT TO STERLING CHEMICALSTenneco Inc. said it has agreed to sell the pulp c
SPOT COMMODITIES
JOC Staff |
Mar. 24, 1992 Included are list prices of suppliers. Quotations do not necessarily represent
BRAZIL HOLDS COFFEE QUOTA DECISION CLOSE TO THE VEST PRIOR TO MEETING
Knight-Ridder Financial |
The Brazilian government is not likely to reveal its position on a return to a coffee agreement with
COMMODITY BRIEFS
Wire and Staff Reports |
IMPALA MINE RETURNS TO FULL PRODUCTIONJOHANNESBURG, South Africa - Impala Platinum's Bafoken
MARINE INSURERS URGED TO FIGHT CARGO COVER LIMITS
Brigitte Maxey |
The American Institute of Marine Underwriters must play a larger role inhelping ease foreign
HIGH COURT RULES RETIRED AGENT ISN'T "EMPLOYEE'
Paul Dykewicz |
The U.S. Supreme Court ruled that a retired insurance agent for Nationwide Mutual Insurance Co. cann
US REPORTEDLY WAS AWARE OF CHINESE PRISON-MADE GOODS
(Reuter) |
The State Department suppressed evidence from one of its consulates in China that shoes being export
Maritime
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
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
SPOT PRODUCT PRICES
JOC Staff |
Mar. 24, 1992 U.S. spot oil products price indications, sellers range, in cents per gallon,
GAS FUTURES CONTINUE SURGE ON NYMEX
Wire and Staff Reports |
Natural gas futures on the New York Mercantile Exchange continued their dramatic upward trend Tuesda
PENTAGON URGED TO PROBE ALLEGED MCDONNELL BAILOUT
Knight-Ridder Financial |
The chairman of a House committee is asking the Pentagon to investigate whether the Defense Departme
REPORT DELAYED ON MCDONNELL DEAL IN TAIWAN
Knight-Ridder Financial |
An initial evaluation report on a proposed joint venture between McDonnell Douglas Corp. and Taiwan
NEW HYBRID COULD SLAKE THIRST FOR IMPORTS
Pei-Tse Wu |
Florida orange growers are anxiously awaiting U.S. government approval of a new hybrid variety that
Maritime
MEXICO EXTENDS INDUSTRY CURBS IN BATTLE WITH OZONE POLLUTION
(Reuter) |
Authorities have ordered 40 percent of all private cars off the streets of Mexico City and extended
Maritime
COMPUTER MATCHES US, E. EUROPE FIRMS
Kenneth Wolf |
A U.S. ambassador is using a method akin to computer dating to match U.S. businesses with potential
Maritime
GRAIN, SOYBEAN FUTURES FALL ON SLOW EXPORT BUSINESS
From Wire and Staff Reports |
Chicago Board of Trade grain and soybean futures were mostly lower Tuesday as traders sold contracts
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots_ $1,200-$1,300 per ton lots & in warehouse min. 99.
SAUDIS ASK JAPANESE CLIENTS TO BUY ADDITIONAL NAPHTHA
Knight-Ridder Financial |
State-owned Saudi Arabian Marketing and Refining Co. is asking Japanese term customers whether they
S. AFRICAN OILSEED PRODUCERS SEEK AID
Knight-Ridder Financial |
South Africa's National Oilseed Producers Organization has appealed for aidfrom the South Af
AGENTS AUTOMATING, ACORD SURVEY SAYS
JOC Staff |
Eighty-five percent of independent insurance agencies have now invested in automation even though th
'91 PROFIT DECLINED 14 PERCENT AT NEPTUNE ORIENT LINES WEAK MARKET IN US BLAMED
Mark Magnier |
Neptune Orient Lines Ltd. reported a 14 percent drop in 1991 after-tax income with analysts attribut
Maritime
INFLATION RATE FALLS IN S. AFRICA
Knight-Ridder Financial |
South Africa's year-on-year inflation rate, as measured by the Consumer Price Index, dropped slightl
Maritime
OECD SAYS JOBLESS RATE STEADY IN MAJOR INDUSTRIAL NATIONS
Knight-Ridder Financial |
Average unemployment in the 17 major industrial nations held unchanged in January at December's leve
Maritime
GASOLINE PRICES
JOC Staff |
Mar. 24, 1992 RESELLER Rack_Prices are in cents per gallonUnleaded Mid-
OVERBURDENED EUROPEAN VENTURE FILLS HUGE RUSSIAN BANKING VOID
Duncan Robinson |
International Moscow Bank has yet to realize many of the goals it set when the European-Soviet joint
TRANSPORT BRIEFS
From Wire and Staff Reports |
VIRGIN ATLANTIC SLATES LONDON-S. AFRICA SERVICECAPE TOWN, South Africa - British tycoon Rich
US CAR, TRUCK EXPORTS CLIMB FROM THEIR STILL LOW LEVELS
George F.W. Telfer |
U.S. automakers' exports of cars and trucks from North America are increasing sharply from their sti
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
US AMBASSADORS TO ASEAN NATIONS URGE MORE EXPORTS, INVESTMENT
Patricia Crisafulli |
Five U.S. ambassadors posted in Southeast Asia are urging U.S. industries to increase exports to and
Maritime
GORDON PLATT'S FINANCING TRADE
Gordon Platt |
THE OVERSEAS PRIVATE INVESTMENT CORP., a U.S. government agency that provides project financing and
RELEASE OF DRAFT NAFTA REPORT SHOWS DIVISIONS AMONG PARTICIPANTS
John Maggs |
Environmental and consumer groups are distributing a Feb. 21 working draft of the North American Fre
Maritime
RECESSION, GULF WAR CLIP CATHAY PACIFIC EARNINGS
P.T. Bangsberg |
Earnings at the colony's flag-carrier, Cathay Pacific Airways Ltd., slipped in the year through last
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