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SPLIT MAY LEAD TO SUMMIT
Bruce Barnard |
Agriculture reforms proposed by Ray MacSharry, the European Community's agriculture commissioner, ha
TIME SHORT FOR JAPAN TO AVOID TRADE ACTION
John Maggs |
The Bush administration has no immediate plans to revive an unfair trade complaint against Japan for
INTERNATIONAL BUNKER PRICES
JOC Staff |
Journal of Commerce Special LONDON - The following is the list of bunker prices obtained dur
REFRIGERATED CONTAINER ADVANCES MAY ADD TO SHIP LINES' BURDENS
Craig Dunlap |
As much as ocean carriers eagerly anticipate the latest cost-saving technologies, some advances in r
US ENERGY TRADERS JUMP AT CHANCE TO BUY EMERGENCY STOCKPILED OIL
Tim Sansbury |
Despite the glut of oil available in the marketplace, energy traders have jumped at the chance to pu
ECONOMIC DATA ABROAD
Wire and Staff Reports |
INDUSTRIAL PRODUCTION FALLS SLIGHTLY IN JAPANJapan's industrial production in December fell
US BACKS SALE TO CZECHOSLOVAKIA
From Wire Reports |
The Export-Import Bank will guarantee a $384,375 bank loan by First Interstate Bank, Los Angeles, to
FAR EAST FREIGHT PARLEY ENDS WITHOUT CONCLUSION
A.E. Cullison |
A meeting here last weekend between members of the Far East Freight Conference and representatives o
Maritime
PIONEERS CHALLENGED GIANTS
Knight-Ridder Newspapers |
The story of Brazil's arms industry is the story of a handful of Third World entrepreneurs like 55-y
Maritime
CONRAIL SIGNS AGREEMENT TO ALTER RAIL SERVICE IN WESTERN NEW YORK
Geoffrey Brown |
Consolidated Rail Corp. and the New York State Department of Transportation said they signed an agre
NORWAY STARTS UP INJECTION SYSTEM
Knight-Ridder Financial |
A new gas injection system aimed at enhancing oil recovery from Norway's offshore Oseberg oil field
OIL WON'T BE DUMPED ON MARKET, IEA SAYS
Knight-Ridder Financial |
Oil from government stocks made available under the International Energy Agency's emergency supply p
LYONDELL POSTS SLIGHT DIP IN '90 NET
Journal of Commerce Staff |
Lyondell Petrochemical Co. Monday reported net income for the full year 1990 of $356 million, or $4.
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 28, 1991*Brent Crude Oil - (Dollars Per Barrel)
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,470-$1,480 per ton lots & in warehouse min. 99.
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 28, 1991 Prices in the spot chemicals table include spot quotations or list price
TIGHTNESS IN TANKERS SLOWS SAUDI OIL EXPORT
Alan Abrams |
The use of large tankers as floating storage tanks has done more to slow Saudi Arabia's oil exports
FINANCIAL BRIEFS
Wire and Staff Reports |
NEW POLISH PREMIER WANTS 80 PERCENT DEBT CUTWARSAW, Poland - Poland's new prime minister, Ja
CUSTOMS DIRECTIVE WILL RESULT IN HIGHER BONDS FOR IMPORTERS
Bill Mongelluzzo |
Importers will have to pay more in premiums for surety bonds because Customs is raising the minimum
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
GULF WAR CLOSES DOORS FOR EXPORTS OF BRAZILIAN ARMS MANUFACTURERS
Sam Dillon |
Avibras Aerospacial SA was one of Brazil's stardust success stories, a plucky little arms manufactur
Maritime
EC HAS 'NEW ATTITUDE' ON REFORM, YEUTTER SAYS
Knight-Ridder Financial |
Meetings between U.S. and EC ministers Monday revealed "a new EC attitude" toward global farm reform
COMMODITY BRIEFS
From Wire and Staff Reports |
CHINA UNVEILS 10-YEAR GRAIN PRODUCTION GOALSChina's annual grain output will reach 500 milli
RETIRED MERCHANT MARINERS RECALLED
Timothy Dwyer |
Call this tale "The Old Men and the Sea." Four sailors, all veterans of World War II and two of them
Maritime
WAR BARELY AFFECTS EXPORTS OF CRUDE FROM PERSIAN GULF
Knight-Ridder Financial |
War in the Persian Gulf is having little effect on crude oil pumping and exports from the region, th
PRICES FOR CRUDE OIL FIND A FLOOR, AT LEAST FOR NOW, ANALYSTS SAY
Abudi Zein |
Prices seem to have stabilized at a temporary floor of about $21 a barrel for West Texas Intermediat
ANALYSTS BEARISH ON PLATINUM
Howard Simon |
Platinum prices will soon trade at a discount to gold for the first time in five years, some analyst
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of Jan. 26, 1991* Country Category Description
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1467 (Jan. 28, 1991) Previous day - 1466 The Baltic International Freight Futures Market in
Maritime
MAJOR GAINS AND DECLINES IN CARLOADINGS
Source: Adapted from Weekly Railroad Traffic, Association of |
Three Weeks Ended Jan. 19, 1991, vs. Similar 1989-90 Period Cars Cars Loaded LoadedChange
HONG KONG GROUP MOVES INTO UK INSURANCE MART
Brigitte Maxey |
Hong Kong-based Swire Pacific, owner of a Reebok manufacturing plant and a Coca-Cola bottling facili
COMPANIES SCRAMBLE FOR ROLE IN GULF SPILL CLEANUP
Pei-Tse Wu |
Oil spill response organizations in both the United States and Britain Monday said they were readyin
US AND SOVIETS POSTPONE SUMMIT
From Wire Reports |
The United States and the Soviet Union announced Monday that a Moscow summit planned for Feb. 11 to
US DOLLAR MOVES DOWN IN THIN TRADE
Knight-Ridder Financial |
The U.S. dollar was broadly lower Monday afternoon in quiet trading. Dealers said the market
INDIAN MINISTER PLANS US VISIT IN BID TO BOOST BILATERAL TRADE
N. Vasuki Rao |
Commerce Minister Subramaniam Swamy, citing a list of complaints, plans a visit to the United States
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
TWO RAIL UNIONS APPROVE MERGERCLEVELAND - The Brotherhood of Locomotive Engineers and the Am
SURGE IN UK EXPORTS OF WHEAT SPURS IDEAS OF SUPPLY SHORTFALL
Knight-Ridder Financial |
A strong surge in U.K. wheat exports and firmer prices are encouraging a belief that 1990-91 (July-J
CHEMICAL BRIEFS
From Wire and Staff Reports |
P&G VENTURE TO BOOST CAPACITY IN MALAYSIAFPG Oleochemicals Sdn. Bhd., a Procter & Gamble Co.
GHANA COCOA OFFICIAL REPORTEDLY ARRESTED ON BRIBERY CHARGE
Knight-Ridder Financial |
A senior Ghana Cocobod official has been arrested for receiving bribes from foreign firms in return
AUTO ASSIGNED RISK PANEL PULLED OFF ROAD IN CALIF.
Jerry Goldberg |
Insurance Commissioner John Garamendi has ousted the California Automobile Assigned Risk Plan govern
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