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GLOBAL OIL PRICES SEEN POISED BETWEEN EXPLOSION AND COLLAPSE
Abudi Zein |
The world oil market is suspended between the twin threats of price explosion and collapse, with mos
TRADE BRIEFS
Wire and Staff Reports |
PANSOPHIC INKS PACT WITH SAMSUNG UNITLISLE, Ill. - In the first of several planned moves to
Maritime
TRADE BRIEFS
Wire and Staff Reports |
SINGAPORE BACKS PLAN FOR E. ASIA TRADE BLOCSingapore has backed Malaysia's proposed trade bl
Maritime
MORE OF BRAZIL'S BARRIERS TO SOFTWARE IMPORTS TO FALL
James Bruce |
Another softening of a once highly contested law barring imports of computer operating programs is e
Maritime
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of Jan. 4, 1991* Country Category Description
Maritime
LLOYD'S CHIEF SAYS MARKET MAY NEED JUMP START
Janet Porter |
Some fundamental changes may be necessary at Lloyd's of London if the world's most famous insurance
INDIAN STATE AGENCY TO PROVIDE CREDIT TO SHIP REPAIRERS
N. Vasuki Rao |
A government agency launched a new program designed to boost ship repair facilities and conserve for
Maritime
OLIN, CIBA ESTABLISH VENTURE IN MICROELECTRONIC MATERIALS
Journal of Commerce Staff |
Olin Corp., Stamford, Ciba-Geigy Ltd., Basel, Switzerland and Ciba-Geigy Corp., Ardsley, N.Y., joint
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
ATOCHEM POSTS PRICE INCREASES Atochem North America Inc.'s Organic Chemicals division increa
PEOPLE - CHEMICALS
From Wire and Staff Reports |
OCCIDENTAL CHEMICAL CORP. (Dallas) - J. Roger Hirl was promoted to the additional position of chief
JAMES M. NEVLER'S CRB FUTURES OUTLOOK
James M. Nevler |
AFTER DIVING TO A 15-YEAR LOW of $3.93 an ounce (basis the Handy & Harman price) on Dec. 17, silver
IRAN EXPECTED TO REBUILD ITS FLOATING OIL STOCKS
MARK HILLIER and PATRICIA JONES |
Iran's floating stock of crude oil in Europe has fallen in recent weeks, but evidence from shipping
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
YEUTTER LIKELY TO REMAIN AT USDA UNTIL MARCH 1
Knight-Ridder Financial |
U.S. Department of Agriculture Secretary Clayton Yeutter Monday said he is likely to remain in his p
11 CREWMEN KILLED IN STORMS IN BRITISH ISLES
From Wire Reports |
Weekend storms in the British Isles killed 11 crewmembers lost off two ships. Ten of the 12
Maritime
SPOT COMMODITIES
JOC Staff |
Jan. 7, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
TEXTILE INDUSTRY BOOSTS OUTPUT FOR GULF ORDERS
Knight-Ridder Financial |
While much of the U.S. economy has been hurt by cost increases caused by the Persian Gulf crisis, pa
Maritime
BRAZIL RESUMES PAYMENTS ON COMMERCIAL DEBT
From Wire Reports |
Brazil, the Third World's biggest debtor, said Friday it had resumed paying interest on its medium-
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago1/5 1/4 Change % Change:
DAILY PETROLEUM PRICES
JOC Staff |
Monday Jan. 7, 1991 Prevailing sellers' posted prices at the close of business, representing
COMEX METAL WAREHOUSE
JOC Staff |
Jan. 7, 1991 Copper Total, 18,846. Gold Total, .1,627,549.Silver Total, .263,908,704.
BALTIC FREIGHT INDEX
JOC Staff |
1435 (Jan. 7, 1991) Previous day - 1436 The Baltic International Freight Futures Market in L
Maritime
FED OFFICIAL SAYS US GNP SHOULD GROW 0.5 PERCENT IN 1991
Knight-Ridder Financial |
The U.S. economy should grow a sluggish 0.5 percent on average in real gross national product in 199
JURISDICTIONAL DISPUTES BREWING IN CONGRESS
Aviva Freudmann |
A late-December request from Sen. Donald Riegle, D-Mich., for a Treasury Department study on the ins
COSCO CHIEF ROSE THROUGH SUBSIDIARY
Journal of Commerce Staff |
Liu Song-jin climbed the ranks of China Ocean Shipping Co. through its Cosco Guangzhou unit, one of
Maritime
AUSTRALIAN COAL COMPANIES ARE REPAIRING STORM DAMAGE
Knight-Ridder Financial |
Utah Coal Ltd. Monday continued to restore its mining operations after severe storm damage in eight
CHEVRON TO BOOST SPENDING IN '91
Journal of Commerce Staff |
Chevron Corp. will boost capital and exploratory spending by an estimated $800 million this year, ab
PEOPLE - TRANSPORT
From Wire and Staff Reports |
HELLMAN INTERNATIONAL FORWARDERS (New York) - Paul Law was named Far East sales executive, a new pos
SINGAPORE BOX VOLUME HITS 5 MILLION TEUS
Jacob Daniel |
Container volume through the Port of Singapore exceeded the equivalent of 5 million 20-foot units, o
Maritime
IMPROVED PROFITABILITY OF AIR FREIGHT SWELLS BOEING'S JET FREIGHTER OUTPUT
John Davies |
Production of new jet freighters at Boeing Co. more than quadrupled during 1990, thanks partly to im
NEW CABLE TO LINK PUERTO RICO, US, EUROPE
Larry Luxner |
Telefonica Larga Distancia, a branch of government-owned Puerto Rico Telephone Co., has formed a joi
Maritime
LATIN AMERICA WARY OF US ECONOMIC ILLS
From Wire Reports |
Since the U.S. economy is ill, nearly everyone in Latin America believes the region's economies are
COST OF CREDIT
JOC Staff |
Mon., Jan. 7, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
COLD SNAP HITS CITRUS GROWERS HARD
Allen R. Wastler |
California growers and insurers both find themselves faced with losses approaching $200 million beca
HIGH COURT: DOW, SHELL CAN BE SUED IN PESTICIDE CASE
From Wire and Staff Reports |
The Supreme Court Monday let stand a ruling that American companies can be sued in a Texas court for
UNIGLORY LINKS TAIWAN, VIETNAM
Journal of Commerce Staff |
A unit of the Evergreen Group launched regular container service between Taiwan and Vietnam.
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
BASE METAL PRICES SEEN FALLING 18 PERCENT IN 1991Base metal prices are expected to fall 18 p
RAIL STILL CHUGS ALONG AFTER 100 YEARS
Knight-Ridder Newspapers |
The hulking black locomotive looked like a penned-up bull - powerful, menacing and anxious to burst
HOUSTON'S IKR HELPS SHIP FIRE TRUCKS TO TAIWAN
Gary Taylor |
With last fall's shipment of three fire trucks to Taiwan, a local exporter believes he's helped an A
FINANCIAL BRIEFS
Wire and Staff Reports |
EC WILL EXPAND USE OF ECU TO OTHER AREASBRUSSELS, Belgium - The European Community will expa
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