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BALTIC FREIGHT INDEX
JOC Staff |
1596 (Apr. 22, 1991) Previous day - 1586 The Baltic International Freight Futures Market in
Maritime
JAPAN'S YARDS POST BIG DROP IN ORDERS, BLAME GULF WAR
A.E. Cullison |
Overseas orders placed with Japanese shipbuilding yards in fiscal 1990, which ended March 31, plunge
Maritime
BREMEN ECONOMICS MINISTER SLAMS BONN FOR SHIPYARD SUBSIDY ACTION
Miriam Widman |
German Economics Minister Juergen Moellemann has unfairly stopped subsidy payments to shipyards in n
Maritime
TRANSPORT COSTS IRK ARGENTINE FARMERS
Richard Kessler |
The soaring cost of transporting Argentine oilseeds and oilseed products to domestic markets and por
TRAFFIC BRIEFS
Wire and Staff Reports |
MAJOR RAILS POST DROP IN OPERATING INCOMEMajor U.S. railroads reported a 21.5 percent drop i
HIGH PRICES CURB DEMAND FOR LOW-SULFUR FUEL IN JAPAN
Knight-Ridder Financial |
High domestic prices for low-sulfur residual fuel oil will curb demand for the product in Japan, ref
SOVIET TV HOST'S JOB GROWS RISKY AS OTHERS ARE MUZZLED
Sydney Trent |
Two days before the massive March 28 demonstration in Moscow in support of Russian Republic Presiden
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago4/22 4/19 Change % Change:
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
SHIPPERS GROUP HOPES TO STIR SHIP ACT CHANGE
WILLIAM DiBENEDETTO |
A group of major shippers hopes the formation of a new umbrella advocacy organization will give it t
Maritime
EVENT FOCUSES ON COMPLIANCE PLANS FOR OIL POLLUTION ACT
Journal of Commerce Staff |
Oil shipping executives, government safety officials and industry lawyers who specialize in pollutio
Maritime
CONGRESSMAN URGES WHITE HOUSE TO FIGHT FOR BANK REFORM LEGISLATION
William Armbruster |
A major push by the Bush administration will be needed to get comprehensive bank reform legislation
IMF, WORLD BANK TOLD TO EASE CAPITAL SHORTAGE US BERATED FOR DEBT RELIEF
Richard Lawrence |
The world faces a "harsh" shortage of capital in the 1990s, a spokesman for the international bankin
US SIGNS TRADE PACT WITH BULGARIA
John Maggs |
The United States signed a framework trade agreement Monday with Bulgaria in an effort to lay the gr
Maritime
KUWAIT REPLACES OIL MINISTER
Knight-Ridder Financial |
Rasheed Salem al-Ameeri was dropped as Kuwait's oil minister and replaced by Hamoud Abdallah al-Raq
WEATHER, CROP ESTIMATES AND OUTPUT SAID TO DIRECT US WHEAT PRICES
Knight-Ridder Financial |
Spring weather and early crop estimates will provide most of the direction to U.S. wheat prices in t
EARNINGS RISE IN 1ST QUARTER AT LYONDELL
Journal of Commerce Staff |
Lyondell Petrochemical Co., of Houston, reported first-quarter net income of $99 million, or $1.24 a
INSURANCE BRIEFS
Wire and Staff Reports |
GA. LAW ABOLISHES MANDATORY NO-FAULTGeorgia Gov. Zell Miller signed into law last week the a
LIFE INSURERS CONTEND INDUSTRY IS HEALTHY
Kevin Commins |
The life insurance industry is financially sound, despite the well-publicized problems of First Exec
CALIF. TRUCK DECONTROL SEEN NEAR SUPPORT GAINS MOMENTUM
Bill Mongelluzzo |
California, the nation's most populous state, may be poised to deregulate intrastate trucking by 199
INDIAN IMPORT CURBS CRIPPLING INDUSTRY, TRADE GROUP WARNS NATION MONITORS EXPORTS TO USSR
N. Vasuki Rao |
Import curbs imposed last month by the Reserve Bank of India have halted production in several indus
Maritime
FARM TALKS PRECEDE DECISIONS BY POLITICIANS
John Zarocostas |
Arthur Dunkel, director-general of the General Agreement on Tariffs and Trade, is determined not to
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
SOVIET UNION'S AEROFLOT ADDS SERVICE TO MIAMIMiami International Airport Sunday will add one
ITC CALENDAR
Journal of Commerce Staff |
Dumping Complaints Dominate Agency's Schedule for MayAmerican producers' dumping complaints
Maritime
GOLD PRICES CONTINUE LOWER BUT ARE PRIMED FOR RECOVERY
Howard Simon |
Gold prices were mostly lower on Monday. That was not surprising for the CPM Group, a precio
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Apr. 22, 1991Brent Crude Oil - (Dollars Per Barrel)
SPOT PRODUCT PRICES
JOC Staff |
Apr. 22, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon,
CHINA TO DEVALUE YUAN IN STAGES WITH HOPES OF INCREASING EXPORTS
P.T. Bangsberg |
China is officially embarked on a creeping devaluation of the yuan, which will make exports cheaper
PEOPLE - TRADE
From Wire and Staff Reports |
AMERICAN ASSOCIATION OF EXPORTERS AND IMPORTERS (New York) - John Williams was named chairman of the
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
CANADA OPENS PROBE INTO SQUARE D BIDPALATINE, Ill. - Square D Co. Monday said it received no
Maritime
COST OF CREDIT
JOC Staff |
Mon., April 22, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
MITSUI O.S.K.-'K' LINE PACT POINTS TO EXPANDED SERVICE
Bill Mongelluzzo |
The details of a new vessel-sharing arrangement between Mitsui O.S.K. Lines Ltd. and Kawasaki Kisen
Maritime
OAKLAND PORT PRICING COULD SET A PATTERN
Allen R. Wastler |
The Port of Oakland's new pricing system may lead other West Coast ports into changing their own rat
REDUCED PRESENCE IN JAPAN BENEFITS CPC, HONEYWELL
William Armbruster |
Cutting back their presence in Japan has worked out well for at least two U.S. companies. Ho
Maritime
COAL TERMINAL REPORT
JOC Staff |
April 22, 1991 This table shows the vessels scheduled to call at U.S. coal terminals and the
COMEX METAL WAREHOUSE
JOC Staff |
Apr. 22, 1991 Copper Total, 30,081. Gold Total, .1,472,731.Silver Total, .263,419,830.
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,375-$1,385 per ton lots & in wareho
NEWS SUMMARY
JOC Staff |
* Rosalind Rachid - Trade Talk 5A * Commodity Research Bureau - Soybean Meal 7A* James Bruce
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
BRAZIL'S COFFEE CROP MAY TOP EXPECTATIONS
Knight-Ridder Financial |
Good weather throughout much of Brazil's coffee-growing regionduring the past several weeks could me
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