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COPPER REBOUNDS IN LATE TRADING BUT BEARISH SENTIMENT REMAINS
Howard Simon |
Spot copper prices Wednesday afternoon overcame a sharp deficit to close slightly higher. Ho
TRAFFIC BRIEFS
Wire and Staff Reports |
UK TRANSPORT OFFICIAL ANNOUNCES RESIGNATIONLONDON - British Transport Secretary Cecil Parkin
SEA-LAND'S SHIPS IN HAWAIIAN TRADE BEING OVERHAULED
John Davies |
Sea-Land Service Inc. currently is rotating each of its five containerships in the Hawaiian trade th
Maritime
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Nov. 28, 1990Bid AskedCopper-
TATE & LYLE POSTS 9 PERCENT PROFIT HIKE
Knight-Ridder Financial |
Tate & Lyle, the U.K.-based food and agribusiness group, announced pretax profit of 218 million for
EQUITABLE PRESIDENT DENIES ACCUSATIONS OF FINANCIAL WOES
From Wire Reports |
Currency traders sold billions of dollars Monday on a false rumor that The Equitable Life Assurance
PEOPLE - MARITIME MOBIL CORP. APPOINTS O'CONNOR TO VP POST
From Wire and Staff Reports |
Mobil Corp. named John J. O'Connor vice president of Middle East and marine transportation, effectiv
Maritime
ARGENTINA: SOVIET GRAIN CREDIT TERMS IMPOSSIBLE
Knight-Ridder Financial |
Private Argentine exporters are unable to provide the Soviet Union with credit for grain purchases
CANADA PROPOSES EASING RESTRICTIONS ON FOREIGN BIDS FOR FEDERAL CONTRACTS
Leo Ryan |
Canada proposes to drop restrictions on foreign companies bidding on federal government contracts in
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
BULGARIAN AUTHORITIES BUY FRENCH SOFT WHEATBulgarian authorities have reached agreement with
COMEX METAL WAREHOUSE
JOC Staff |
Nov. 28, 1990 Copper Total, 8,478. Gold Total, .1,548,006.Silver Total, .257,689,590.
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,640-$1,700 per ton lots & in warehouse min. 99.
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Nov. 28, 1990Dubai Crude Oil - (Dollars Per Barrel
NEGOTIATORS FACE A DAUNTING TASK
Keith M. Rockwell |
The world's trade ministers will gather in an atmosphere of gloom and tension in Brussels, Belgium,
SWISS FIRM PLANS VENTURE TO UPGRADE SOVIET YARDS
Mark D. Berniker |
Inter-Maritime Management SA, a company based in Geneva, will soon invest in a joint venture that co
AGENCY SAYS RECESSION DEEPENS IN EAST EUROPE AND SOVIET UNION
John Callcott |
Recession has "deepened significantly" throughout Eastern Europe and the Soviet Union, the United Na
SLOW SOVIET PAYMENTS HURT NEW ZEALAND DAIRY EXPORTERS
Mark D. Berniker |
New Zealand dairy exporters are being squeezed even more than their cows as a result of the Soviets
AUSTRALIA CONSIDERS CONAGRA BID TO BUY ELDERS MEAT PLANTS
Knight-Ridder Financial |
The government will decide before year end whether U.S. agribusiness giant ConAgra Inc. may proceed
INSURANCE BRIEFS
Wire and Staff Reports |
LOMAS COMPLETES SALE OF LIFE INSURANCE UNITLomas Financial Corp. said it has completed the s
CHINA BUILDS BERTHS IN TIANJIN
Knight-Ridder Financial |
China constructed five deepwater shipping berths in the northeastern port of Tianjin with annual han
Maritime
BRAZIL-PERU HIGHWAY WOULD SAVE GRAIN CARRIERS THOUSANDS OF MILES
James Bruce |
The benefits of a proposed highway over the Andes Mountains linking Brazil and Peru are significant
DELIVERING THE GOODS: SYSTEM WILL TRACK CARGO TO SAUDI ARABIA
Valerie Reitman |
Since August, the U.S. Air Force Military Airlift Control has staged the largest airlift ever - more
BRANIFF SUES PARENT, FORMER DIRECTORS
Suzy Hagstrom |
Braniff Inc., the nearly defunct airline, has sued its parent company and former directors, accusing
CRACKDOWN ON UNREGISTERED TANKS HITS PA. FUEL OIL DEALERS IN WALLET
Jerry W. Byrd |
Last month, the state Department of Environmental Resources slapped a fuel oil dealer in western Pen
GERMANY TO PUSH PRIVATIZATION
Knight-Ridder Financial |
The German cabinet Wednesday formally decided to accelerate its privatization program in the two par
OPPOSITION FROM US IMPEDES BRAZIL-PERU HIGHWAY PLAN WASHINGTON CITES ENVIRONMENTAL RISK
James Bruce |
The ecological pros and cons of U.S. opposition to a proposed Amazon highway project may be among th
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Nov. 28, 1990Brent Crude Oil - (Dollars Per Barrel)
GASOLINE PRICES
JOC Staff |
Nov. 28, 1990 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
SOVIET FREE MARKET IN PHONE GEAR AIDS US COMPANY
Mark Magnier |
A subsidiary of California Microwave Inc. has been awarded a contract to supply a satellite earth st
LIBERIAN PEACE COULD REVIVE VENTURE RAIL LINK TO CARRY IRON ORE STALLED
Charles W. Thurston |
A truce was signed Wednesday between the Liberian rebels of the National Patriotic Front, led by Cha
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
SOUTH KOREA RECORDS STRONG THIRD QUARTERSEOUL, South Korea - South Korea's economy recorded
LONDON FOX SET TO LAUNCH SCREEN-BASED RICE TRADING
Knight-Ridder Financial |
The London Futures and Option Exchange will launch its global screen-based rice futures contract on
INDIAN SHIP LINES TO ADD SHIPS TO FLEETS, DIVERSIFY
N. Vasuki Rao |
Two Indian shipping companies are acquiring new vessels but also diversifying to take some uncertain
Maritime
IRS RETRACTS TAX CLAIM AGAINST P-I-E
Leo Abruzzese |
The Internal Revenue Service withdrew its request to a Florida bankruptcy court to liquidate the ass
GERMANY MAY SELL MORE OF LUFTHANSA
From Wire Reports |
The German government may sell more of its holdings in its flagship airline Lufthansa as part of a p
SPOT PRODUCT PRICES
JOC Staff |
Nov. 28, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
LIBERIA'S LONG STRUGGLE TWISTED US RUBBER MART
Charles W. Thurston |
Liberia's year-long civil war helped stretch the U.S. rubber market out of shape, driving prices up
Maritime
AGENCY CHECKING OUT CONDITIONS IN CHINA
WILLIAM DiBENEDETTO |
The Federal Maritime Commission is gathering information about alleged restrictions in China on U.S.
Maritime
SOFEAL TO END ITS SERVICE BETWEEN EUROPE AND AUSTRALIA
Janet Porter |
Overcapacity and declining cargo volume in the Europe-Australia trades claimed a casualty this week.
Maritime
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
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