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CATTLE MARKET BURDENED BY SAGGING BEEF DEMAND
Kevin Pendley |
Domestic U.S. beef demand is slumping, and it doesn't look like U.S. cattle producers are going to b
JAPAN FIGHTING ILLEGAL PORK IMPORTS
Knight-Ridder Financial |
Japan is "doing its best" to stop Taiwanese exporters from illegally dumping pork below the minimum
BARRY PARKER'S FUTURES AND SHIPPING
Barry Parker |
OCEAN FREIGHT FUTURES PRICES continued strong last week, moving back up to new highs after absorbing
Maritime
TACOMA APPROVES LONG-TERM LEASE WITH 'K' LINE FOR PORT TERMINAL
John Davies |
Another major trans-Pacific shipping line calling at the Port of Tacoma will have access to moderate
Maritime
SABIC OPENS TERMINAL IN ITALY
Journal of Commerce Special |
Saudi Basic Industries Corp. said its new ethylene glycol terminal at Livorno, Italy, will allow sma
PEOPLE - INSURANCE
JOC Staff |
WILLIS CORROON CORP. (New York) - Peter A. Fontaine was promoted from director of treasury operation
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange May 17, 1991Dubai Crude Oil - (Dollars Per Barrel)
ASIAN FUTURES
JOC Staff |
May 17, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond,
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 17, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.00
CRITICS QUESTION EGYPT'S PLANS TO EXPAND THE SUMED OIL PIPELINE
Gayle Young |
A month after Egypt announced it would raise the capacity of the Sumed petroleum pipeline by 50 perc
BP OIL REFINERY RESTARTS IN LA.
Knight-Ridder Financial |
BP America Inc.'s 230,000-barrel-a-day refinery in Belle Chasse, La., was to be restarted Friday and
NAMIBIA HOPES FOR OIL BOOM, WITH HELP FROM THE WEST
Arthur Gottschalk |
The sun-scorched desert landscapes and treacherous offshore waters of Namibia, on Southern Africa's
BUSH WILL GIVE USSR CREDITS, DOLE SAYS
Knight-Ridder Financial |
Senate Minority Leader Robert Dole on Friday predicted President Bush will approve additional agricu
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
FLORIDA STILL SHINES FOR GLOBAL INVESTORS
Rick Christie |
A moribund economy not withstanding, foreign investors are continuing to funnel money into Florida r
COTTON LOAN PROPOSAL MAY DISSUADE FARMERS
Knight-Ridder Financial |
A new U.S. Agriculture Department proposal that could make cotton farmers responsible for repaying l
COMMODITY BRIEFS
From Wire and Staff Reports |
AFRICAN RUBBER OUTPUT LIKELY TO RISE SHARPLYKUALA LUMPUR, Malaysia - Rubber production in Af
ARMS DEALS WITH IRAQ COULD PROVE EMBARRASSING FOR US
Don Ward |
An Iraqi arms dealer who bankrolled a Boca Raton manufacturer is among many who twisted a U.S. gover
STATE ECONOMY BUFFETED BY BUSINESS SLOWDOWN 25,000 JOBS LOST WHILE FIRMS STILL RELOCATING TO FLORIDA
Joan Chrissos |
Like many states stuck in a recession, the Florida economy is not having one of its best years.<
FOREIGN TRADE ZONES BOOST GLOBAL TRAFFIC
Rebecca Ross Albers |
As Florida settles into the '90s, international trade is gaining more attention as a crucial part of
PANEL VOTES TO BAR FDIC COVERAGE OF AMERICAN BANKS' FOREIGN DEPOSITS
(Reuter) |
A House subcommittee voted Thursday to bar federal regulators from providing insurance coverage for
SPOT PRODUCT PRICES
JOC Staff |
May 17, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon, f
COMEX METAL WAREHOUSE
JOC Staff |
May 17, 1991 Copper Total, 24,228. Gold Total, .1,436,437.Silver Total, .263,502,939.
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) May 17, 1991Bid AskedCopper-G
RUSH IS ON TO FIND RIGHT PARTNER
Mark Magnier |
The last year has seen major maneuvering in almost every region in the world over various proposed,
IMAGING SYSTEMS NOT YET A THREAT TO EDI
Tony Seideman |
Computerized systems that work with images of paper documents are proliferating among large customs
DEFICIT WITH CHINA JUMPED 17 PERCENT IN MARCH
Paula L. Green |
The monthly U.S. trade deficit with China widened by 17 percent in March, adding yet more ammunition
SINGAPORE PORT TO GET NEW CHIEF BOX VOLUME EXPECTED TO SOAR
Mark Magnier |
The world's busiest containerport is getting a new executive director on June 1. The Port of
FUTURE HANGS ON CONGRESS GATT PASSAGE DEPENDS ON FAST-TRACK VOTE
William Armbruster |
Can GATT get back on track? Yes, if Congress approves fast-track negotiating authority for t
EASTERN GERMAN UNEMPLOYMENT IS 40 PERCENT, BUNDESBANK CHIEF SAYS
Knight-Ridder Financial |
Eastern German unemployment is currently at 40 percent, not 10 percent as claimed in official data,
AIR CANADA'S LOSS WIDENED IN 1ST QUARTER
Leo Ryan |
Air Canada reported a C$100 million (US$87 million) loss for the first quarter of 1991, the worst qu
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS The Future Is Now: Trade and Investment Opportunities with the Pacific Rim. M
Maritime
PEOPLE - CHEMICALS
From Wire and Staff Reports |
Steve W. Sounders has been appointed vice president of manufacturing and technology for fiber and fi
LATVIA HIKES SHIP FUEL PRICES PROMPTING RETALIATION THREAT
Albert Axebank |
The recent unilateral raising of prices of ship bunker fuel by the Latvian Republic is stirring fear
Maritime
ECONOMIC DATA ABROAD
Wire and Staff Reports |
CHINA'S CPI SHOWS RETURN OF INFLATIONApril inflation statistics show that inflation is makin
INTERAMERICAN FREIGHT CONFERENCE CHANGES ARE PENDING
James Bruce |
Two ship operators, members of the Interamerican Freight Conference who had resigned from its pool
Maritime
UK LABOR COSTS INCREASE 11 PERCENT
Knight-Ridder Financial |
U.K. manufacturing unit labor costs rose 11 percent in the first quarter from the year-earlier perio
BANKERS URGED TO BEEF UP EXPORT FINANCING ACTIVITIES
Richard Lawrence |
The chairman of the U.S. Export-Import Bank Thursday exhorted American bankers to step up their expo
GERMAN MONETARY COURSE UNLIKELY TO SHIFT BUNDESBANK CHIEF RESIGNS
Keith M. Rockwell |
The resignation Thursday of German Bundesbank President Karl Otto Poehl will have only a limited imp
EXPORTKHLEB PRAISES SENATE EXPORT CREDIT DECISION
Patrick Kelly |
Oleg Klimov, the chairman of the Soviet central grain buying agency Exportkhleb, on Thursday describ
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