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LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Feb. 5, 1992Bid AskedCopper_G
EC, LATVIA SIGN TRADE, COOPERATION AGREEMENT
Journal of Commerce Staff |
The European Community initialed a trade and cooperation agreement with Latvia that will give the Ba
Maritime
API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended1-31 1-24
AD CAMPAIGN SPARKS CZECHOSLOVAK CONTROVERSY
M.B. Christie |
It doesn't always pay to advertise. Three weeks ago, Mark Hermann, a partner in Mark/BBDO, a
OFFICIAL DENIES SHAKE-UP IN IRANIAN SHIP CHARTER POLICY
Knight-Ridder Financial |
The director general of National Iranian Tanker Co. denied on Wednesday a newspaper report that said
Maritime
COMMODITY BRIEFS
Wire and Staff Reports |
JAPAN'S SLOW ECONOMY CUTS COPPER BUYINGJapanese copper demand remains frozen as consumers pr
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 5, 1992 Prices in the spot chemicals table include spot quotations or list prices
PROPOSED PILOT FEE HIKE DELAYED ON GREAT LAKES
John Boyd |
A proposal to raise pilot fees on the Great Lakes was delayed at least until the next shipping seaso
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
NY DEPARTMENT FINES AIG MEMBER COMPANYNational Union Fire Insurance Co. of Pittsburg
JUDGE PUTS NY TEAMSTER LOCAL UNDER SUPERVISION OF COURT
Mark B. Solomon |
A federal judge placed a New York Teamsters local under court-appointed supervision, saying its offi
TRADE BRIEFS
Wire and Staff Reports |
CUBA, IRAN SIGN 2-YEAR BILATERAL ACCORDCuba and Iran agreed to strengthen bilateral ties and
Maritime
CHINA WORKERS IN PURSUIT OF FREE UNION AWAIT BACKLASH
(Reuter) |
Dissident workers trying to organize a free union in the style of Poland's Solidarity have mailed 2,
Maritime
ISRAELI COMPANY TO FORM CONSORTIUM TO INVEST IN RUSSIA OIL EXPLORATION
Joel Bainerman |
An Israeli state energy company has joined the effort to help Russia find and produce oil. T
RISE IN DAILY VOLUME EXPECTED AT KUWAITI REFINERIES BY MARCH
Knight-Ridder Financial |
Kuwait's oil refineries are expected to process about 250,000 barrels a day by March, up from about
US CRUDE OIL SUPPLIES DECLINED LAST WEEK
Journal of Commerce Staff |
U.S. crude oil inventories fell by 4.5 million barrels during the week ended Jan. 31 compared with t
MARITIME BRIEFS
From Wire and Staff Reports |
SEAWORTHY SYSTEMS GETS SEALIFT CONTRACTWASHINGTON - Seaworthy Systems Inc., Essex, C
Maritime
NORWAY SHIPOWNERS WEIGH LONG-TERM CHARTERS
Janet Porter |
Norwegian shipowners are likely to turn to long-term charters as they are unable to raise all of the
Maritime
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Feb. 4, 1991CRUDE OIL(1,000 barrels; dollars and cents
WORLD BANK OKS LOAN TO PERU OF $300 MILLION TO AID REFORMS
(Reuter) |
The World Bank said it approved a $300 million loan for Peru to help President Alberto Fujimori's fa
CHEMICAL BRIEFS
Wire and Staff Reports |
EASTMAN KODAK POSTED FOURTH-QUARTER LOSSEastman Kodak Co. posted a fourth-quarter net loss,
BOEING, ITALIANS BOLDLY GO INTO SPACE BOX ENTERPRISE
John Davies |
Space, the final frontier, may soon be conquered not by Capt. Kirk and the U.S.S. Enterprise, but by
GERMANY SEEKS TO END FIBER-OPTIC SALES BAN
Michael S. Lelyveld |
Under pressure from Germany, a working group of officials from 17 Western allies later this month wi
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
COSTA RICA WILL LIBERALIZE RULES ON FOREIGN EXCHANGE TRANSACTIONS
Shelley Emling |
Costa Rica is liberalizing foreign exchange transactions, making it easier for importers and exporte
NYMEX PUSHING TO BE FIRST IN US WITH 24-HOUR FUTURES TRADING
Howard Simon |
It's 10 p.m.; do you know where your trader is? Chances are, if he or she is a member of the New Yor
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Feb. 5, 1992 Prevailing sellers' posted prices at the close of business, represent
SOARING BULK SHIP CASUALTY RATE SPARKS CALL FOR STUDY OF CARGOES
Janet Porter |
A leading shipowners group is calling for an urgent study of the characteristics of potentially dang
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Feb. 5, 1992Brent Crude Oil - (Dollars Per Barrel)_
US MEAT PACKERS VIE FOR SHARE OF SLOW MARKET
Lester Aldrich |
In the battle among U.S. meat packing plants for market share, the big winners are consumers and fee
OECD URGED TO DO MORE FOR DEVELOPING COUNTRIES
Barbara Casassus |
A U.S. official Wednesday called for the Organization for Economic Cooperation and Development to gi
Maritime
MARAD TOLD TO REVIEW DOMESTIC CARRIAGE RULE
WILLIAM DiBENEDETTO |
A federal judge sent the Maritime Administration back to the drawing board to determine the amount o
Maritime
NYMEX NATURAL GAS CONTRACT HAS SURPASSED EXPECTATIONS
Neil Springer |
Trading in the New York Mercantile Exchange natural gas futures contract has greatly surpassed early
COMMODITY BRIEFS
Wire and Staff Reports |
SIBERIAN GOLD MINERS PLAN OWN SALES GROUPLONDON - Siberian gold prospectors will mee
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots_ $1,137 per ton lots & in warehouse min. 99.7%Antim
ENERGY BRIEFS
From Wire and Staff Reports |
EQUITABLE PREPARES COLOMBIAN OIL SEARCHEquitable Resources Inc. said its Energy Resources un
HOUSTON OMNIPORT OWNERS REJECT PURCHASE BIDS
Gary Taylor |
Owners of the idled $110 million Omniport automated freight terminal here rejected the first set of
Maritime
GIANT CHEMICAL MAKER TO BEGIN MAJOR ADVERTISING CAMPAIGN
Clifford Glickman |
Hoechst Celanese sold $5.9 billion worth of goods in 1990, more than such household names as Quaker
SPACE SQUEEZE MAY FORCE OPERATORS OF BOX DEPOTS AWAY FROM PORTS
Allen R. Wastler |
Container depots, facilities where marine containers are stored and repaired between freight runs, a
Maritime
COST OF CREDIT
JOC Staff |
Wed., Feb. 5, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
ECONOMIC DATA ABROAD
Wire and Staff Reports |
WORLD TRADE VOLUMES FORECAST TO GROW 5 PERCENTHAMBURG, Germany - World trade volume
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