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INDIA HIKES PRICES, CUTS PRODUCT SUPPLIES
N. Vasuki Rao |
Economic growth will slow further and inflation will rise with a 15 percentcut in supplies o
COST OF CREDIT
JOC Staff |
Mon., Oct. 15, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Oct. 15, 1990Bid AskedCopper-
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Oct. 12, 1990.
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
GLUT EMERGING AS OIL REFINERS DEFER PURCHASES
David Bird |
Despite crude oil futures prices trading to a record high of $41.15 last week, refinery officials, t
TRAFFIC BRIEFS
Wire and Staff Reports |
DOT AWARDS JAPANESE AIR ROUTESWASHINGTON - The Department of Transportation awarded six new
MARITIME BRIEFS
From Wire and Staff Reports |
DOCKERS REMAIN ON STRIKE AT SANTOSSAO PAULO, Brazil - Brazil's largest port of Santos contin
Maritime
UNITED PLACES ORDER FOR 64 BOEING PLANES
Ira Breskin |
In a long-awaited move, United Airlines Monday placed a huge order for widebody Boeing Co. aircraft.
CHINA ATTACKS HONG KONG AGAIN OVER AIRPORT PLANS
P.T. Bangsberg |
Even before what are meant to be conciliatory talks got under way on Hong Kong's massive airport and
EUROPE, DEVELOPING NATIONS FACE SERIOUS OIL SHORTAGES
Knight-Ridder Financial |
Europe and the developing nations face serious shortages of crude and products as a result of Iraq's
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
TEXTILE QUOTAS TO WATCH AS OF OCT. 12, 1990* Country Category Description
Maritime
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,970-$1,980 per ton lots & in warehouse min. 99.
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 15, 1990 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 37.8
FARM PLAN PUTS US AT ODDS WITH EC
Keith M. Rockwell |
The United States' farm trade proposal put forward in Geneva Monday sets the parameters for a pitche
NEW CHAIRMAN PUTS BN'S FOCUS BACK ON BUSINESS OF TRANSPORT
Lawrence H Kaufman |
Gerald Grinstein's election as chairman of Burlington Northern Inc. - he already was president and c
POLISH CARMAKER IN TROUBLE AS DEAL WITH FIAT DELAYED COMPANY DEFIES MONOPOLY AGENCY
(Reuter) |
Poland's largest carmaker, seeking to secure its future in a billion-dollar deal with Italy's Fiat,
Maritime
CAIRNS GROUP PRESSES EC ON FARM SUBSIDIES
John Zarocostas |
The Cairns Group of agricultural exporting countries and Canada joined the United states Monday in p
COMMODITY BRIEFS
From Wire and Staff Reports |
INDIAN EXPORT NEWS WEIGHS ON SUGARSugar futures plunged to life-of-contract lows for the sec
CORRECTION
JOC Staff |
The telephone number for information about Coast Guard Industry Day, scheduled for Oct. 31in Long Be
Maritime
NEW COFFEE CONTRACT UNVEILED
Knight-Ridder Financial |
The Coffee, Sugar and Cocoa Exchange Inc. has approved a new futures contract based on the price dif
PRECIOUS METALS PLUNGE ON DROP IN CRUDE PRICES
Howard Simon |
Precious metal futures markets plunged amid falling crude oil prices. Analysts said the pric
IRAQ'S WOULD-BE NAVY STUCK IN ITALY
(Ap) |
Every morning, 90 Iraqi sailors hoist the flag on their two Esmeraldas-class corvettes, rev their en
Maritime
HIGH COURT UPHOLDS AWARD IN NEW YORK ASBESTOS CASE
(Ap) |
The Supreme Court on Monday left intact a $1 million punitive-damages award won against Celotex Corp
FIVE TOP P/C INSURERS WEAK, CONSUMER GROUP CLAIMS
(Ap) |
Five of the nation's top 20 property/casualty insurance companies could go broke in the event of a s
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Oct. 15, 1990Brent Crude Oil - (Dollars Per Barrel)
FANCY FOOTWORK SURPRISED SENATORS RUSH TO KILL CARIBBEAN SHOE DUTY BREAK
Michael S. Lelyveld |
Thousands of jobs in U.S., Far Eastern and Caribbean footwear factories may be at stake this week as
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
NEWS SUMMARY
JOC Staff |
* Import Quota Watch 5A * Commodity Research Bureau: Oats 7A* Janet Porter - Europe View 8A<
DOLLAR CRASH UNLIKELY, JAPAN BANK CHIEF SAYS
A.E. Cullison |
The head of Japan's central bank Monday dismissed the likelihood of a crash in the value of the U.S.
CHINA VOWS TO STIMULATE TRADE AS AUTUMN EXPORT FAIR OPENS
P.T. Bangsberg |
The 68th Chinese Export Commodities Fair opened Monday in the southern city of Guangzhou (Canton), j
Maritime
SHIP GROUPS PROTEST INCREASE IN PIRACY
Janet Porter |
Piracy and armed assaults on commercial shipping are on the increase, according to two leading marit
Maritime
SUSAN BUCHANAN'S CRB FUTURES OUTLOOK
Susan Buchanan |
OATS PRICES, having slumped to a four-year low in mid-September, advanced following the Sept. 28 rel
WORKERS COMP CRISIS FOCUS OF FORUM
From Wire Reports |
Declaring that the cost of workers compensation has created a crisis for many employers, an insuranc
HILLS: US TO DELAY GATT COMPLAINT AGAINST AIRBUS EC BARGAINING SHELVES ACTION
Keith M. Rockwell |
The United States most likely will wait until later this month or early November before filing a tra
SAUDIS EXPECT TO INCREASE CRUDE PRODUCTION
From Wire Reports |
Saudi Arabia expects to produce 8 million barrels a day of crude oil by the end of December, up 300,
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago10/15 10/12 Change % Change
FREIGHT RATE FUTURES
JOC Staff |
Oct. 15, 1990 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Oct. 15, 1990Dubai Crude Oil - (Dollars Per Barrel
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
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