ECONOMIC INTELLIGENCE WEEKLY REVIEW

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP79T01316A000900060002-4
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 25
• Document Creation Date: December 12, 2016
• Document Release Date: January 10, 2002
• Sequence Number: 2
• Publication Date: February 9, 1978
• Content Type: REPORT

'Approved"Fbr Release 2002/01/30: CIA-RDP79T01316A0009000&0002'-4
Economic Intelligence
Weekly Review
9 February 1978
ER EM R ;8-(M
9 Fehrucry 1978
nv 1! 579
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 Approved For Release 2002/01/30 : CIA-,RDP79T01316A000900060002-4
Warning Notice
Sensitive Intelligence Sources and Methods Involved
(WNINTEL)
NATIONAL SECURITY INFORMATION
Unauthorized Disclosure Subject to Criminal Sanctions
DISSEMINATION CONTROL ABBREVIATIONS
NOFORN- Not Releasable to Foreign Nationals
NOCONTRACT- Not Releasable to Contractors or
Contractor/ Consultants
PROPIN- Caution-Proprietary Information Involved
NFIBONLY- NFIB Departments Only
ORCON- Dissemination and Extraction of Information
Controlled by Originator
REL. . . - This Information has been Authorized for
Release to ...
Classified by 015319
Exempt from General Declassification Schedule
of E.O. 11652, exemption category:
? 5B(1), (2), and (3)
Automatically declassified on:
date impossible to determine
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 National
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Assessment
Center
Economic Indicators
Weekly Review
9 February 1978
ER El 78-006
9 February 1978
Approved For Release 2002/01/30 : CIA-RDP79TO1316A000900060002-4
 Approved For Release 2002/01/30 : CIA-RDP79TO1316A000900060002-4
This publication is prepared for the use of U.S. Government
officials. The format, coverage and contents of the publication are
designed to meet the specific requirements of those users. U.S.
Government officials may obtain additional copies of this document
directly or through liaison channels from the Central Intelligence
Agency.
Non-U.S. Government users may obtain this along with similar
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Library of Congress
Washington, D.C. 20540
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Approved For Release 2002/01/30 : CIA-RDP79TO1316A000900060002-4
 Approved For Release 2002/01/30 : CIA-RDP79T01316A000900060002-4
1. The Economic Indicators Weekly Review provides up-to-date information
on changes in the domestic and external economic activities of the major non-
Communist developed countries. To the extent possible, the Economic Indicators
Weekly Review is updated from press ticker and Embassy reporting, so that the
results are made available to the reader weeks-or sometimes months--before receipt
of official statistical publications. US data are provided by US government agencies.
2. Source notes for the Economic Indicators Weekly Review are revised every
few months. The most recent date of publication of source notes is 20 October 1977.
Comments and queries regarding the Economic Indicators Weekly Review are
welcomed.
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 INDUSTRIAMr4 fYft ibf 1/INDEXA19D70? 1001,3seasonally0adjus ed
Japan
West Germany
130
120
'.a++"."smm'. i i
113
JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT
1972 Appk%WdSFor ReleaseQQO t/01/30: CIk- B79T01316AAW80060002-4 1977
A-2
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United Kingdom
JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT
1972 1973 1974
LATEST
MONTH
United States
Japan
West Germany
France
r?FC 77
i[C 77
N OV 7,?
NUV 77
Percent
AVERAGE ANNUAL
Change
GROWTH RATE SINCE
from
Previous
1 Year
3 Months
Month
1970
Earlier
Earlierl
0.2
3.5
4.9
2.3
0.3
4.0
3.3
6./
0.9
2.2
l./
3.,~
3.3
3.3
1.6
Percent
Change
AVERAGE ANNUAL
GROWTH RATE SINCE
United Kingdom
LATEST
MONTH
NOV 77
from
Previous
Month
0.5
1 Year 3 Months
1970 Earlier Earlierl
u.4 2.0 1.4
Italy
NOV 77
2.4
:.5 e.6 10.4
Canada
NOV 77
0.6
..9 4.5 0.6
.';15145 '-78
lAverage for latest 3 mAt c t ed `' $~"FIglea~re '~'bi~29 ` /30 :AC -RDP79T01316A000900060002-4
 Approved For Release 2002/01/30 : CIA-RDP79TO1316A000900060002-4
UNEMPLOYMENT PERCENT OF LABOR FORCE
United States
Japan
West Germany
JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT
1972 1973 1974 1975 1976 1977
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 Approved For Release 2002/01/30 : CIA-RDP79TO1316A000900060002-4
United Kingdom
6
Italy (quarterly)
3.8
3
A labor force survey based on new definitions of economic activity sharply raised the official estimate of Italian unemployment In first quarter 1977. Data for earlier periods thus are not comparable.
Italian data are not seasonally adjusted.
6.0
LATEST MONTH 1 Year
Earlier
United States 1)-C 77 6,337 7,519
Japan e10V 77 1,110 1.070
West Germany i)FC 77 1,027 1,009
France r1FC 77 1.026 930
3 Months
Earlier
LATEST MONTH
1 Year
Earlier
3 Months
Earlier
6,773
United Kingdom
JAN 78
1.428
1.338
1,433
1.130
Italy
// IV
1,598
777
1,692
1.038
Canada
UoC 77
911
772
798
1,158
NOTE: Data are seasonally adjusted. Unemployment rates for France are estimated. The rates shown for Japan and Canada are
roughly comparable to US rates. For 1975-77, the rates for France and the United Kingdom should be increased by 5 percent and
15 percent respectively, and those for West Germany decreased by 20 percent to be roughly comparable with US rates.
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DOMESTIC PRICES1 INDEX: 1970=100
United States
Japan
West Germany
150
125
lWholesale price indexes coveeVVM`% IsFor Release 2002/01/30: CIA-RDP79TO1316A000900060002-4
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United Kingdom
200
Percent
Change
AVERAGE ANNUAL
GROWTH RATE SINCE
Percent
Change
from
AVERAGE ANNUAL
GROWTH RATE SINCE
LATEST
from
Previous
1970
1 Year
3 Months
LATEST
Previous
1970
1 Year
3 Months
MONTH
Month
Earlier
Earlier
MONTH
Month
Earlier
Earlier
United States
DEC 77
0.4
8.3
6.7
4.5
United Kingdom
DEC 77
0.5
14.4
15.2
6.2
DEC 77
0.4
6.5
6.8
4.6
DEC 77
0.5
13.5
12.1
5.9
OCT 77
0.6
15.4
11.7
8.9
Japan
DEC 77
-0.4
7.0
-1.5
-5.1
Italy
DEC 77
0.3
10.0
4.8
-3.6
DEC 77
0.5
13.2
14.9
12.8
West Germany
DEC 77
0
4.9
1.7
-0.6
Canada
OCT 77
0.7
10.0
9.9
5.3
DEC 77
0.3
5.3
3.5
2.2
DEC 77
0.7
7.5
9.5
9.6
France
SEP 77
0.6
8.2
6.1
5.4
NOV 77
0.4
9.0
9.1
8.5
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 Japan
France
Italy
Approved F A RDP7971701316A000900060002 4
RETAIL SALES '
Non-residential; constant prices
' Seasonally adjusted.
Average
Annual Growth Rate Since
Percent Change
Latest from Previous 1 Year Previous
Quarter Quarter 1970 Earlier Quarter
Average
Percent Change
77 III
77 II
Japan
France
Canada
Call money
Call money
Finance paper
Japan
France
Italy
Feb 1
Feb 1
Feb 1
Feb 1
Average
Latest from Previous I Year 3 Months
Dec 77
Oct 77
WAGES IN MANUFACTURING'
CIA-RDP79T01316A000900060002-4
' Seasonally adjusted.
Average
Latest from Previous 1 Year 3 Months
United States
77 IV
Japan
Japan
77 III
77 III
West Germany
77 III
France
77 IV
France
77 III
-2.7
United Kingdom
53.2
Italy
Italy
-27.6
Oct 77
Canada
-4.2
' Hourly earnings (seasonally adjusted) far the United States, Japan, and Canada; hourly wage
 EXPORT PRt proved For Release 2002/01/30 : Cl
I%-PAYM 7BRI A000900060002-4
us $
National Currency
Average
Average
Annual
Growth Rate Since
Annual Growth Rate Since
Percent Change
Percent Change
Latest
from Previous
I Year
3 Months
Latest from previous 1 Year 3 Months
Month
Month
1970
Earlier
Earlier
Month Month 1970 Earlier Earlier
United States
Nov 77
1.1
9.3
2.7
3.8
United States
Nov 77 1.1 9.3 2.7 3.8
Japan
Jul 77
-1.8
10.4
10.4
-4.4
Japan
Dec 77 2.3 5.4 -6.6 0
West Germany
Oct 77
3.1
11.4
7.5
1.9
West Germany
Oct 77 1.2 4.3 0.7 - 1.2
France
Sep 77
-1.4
11.2
8.3
12.1
France
Sep 77 -0.9 9.4 8.5 10.1
United Kingdom
Dec 77
2.1
11.7
21.9
33.0
United Kingdom
Dec 77 0.1 15.6 10.3 3.8
Italy
Aug 77
1.4
11.4
13.2
21.1
Italy
Aug 7:7 1.4 16.9 19.2 19.2
Canada
Oct 77
-0.6
8.7
-5.6
-11.4
Canada
Oct 77 0 9.4 6.5 1.3
IMPORT PRICES
OFFICIAL RESERVES
National Currency
Average
Billion US $
Annual
Growth Rate Since
Latest Month
Percent Change
Latest
from Previous
1 Year
3 Months
1 Year 3 Months
End of Billion US $ Jun 1970 Earlier Earlier
Month
month
1970
Earlier
Earlier
United States
Dec 77 19.3 14.5 18.7 19
0
United States
Nov 77
1.1
13.0
8.6
3.3
.
Japan
Dec 77 22.8 4.1 16.6 17.9
Japan
Jul 77
-1.5
10.5
-2.3
7.0
West Germany
Nov 77 36.8 8.8 34.6 34.9
West Germany
Oct 77
-1.3
3.8
0.4
- 11.3
France
Oct 77' 10.1 4.4 9.6 9.9
France
Sep 77
- 1.0
10.1
7.4
0.6
United Kingdom
Oct 77' 20.4 2.8 4.8 13.6
United Kingdom
Dec 77
0.1
18.1
3.0
-6.7
Italy
Nov 77 11.7 4.7 6.5 10.5
Italy
Aug 77
2.7
20.9
12.4
19.0
Canada
Nov 77 4.2 4.3 5.1 4.8
Canada
Oct 77
1.0
8.7
15.6
2.0
CURRENT ACCOUNT BALANCE
BASIC BALANCE'
Current and Long-Term-Capital Transactions
Cumulat
ive (Million
US $)
Cumulative (Million US $)
Latest
Latest
Period Million US $
1977
1976
Change
Period Million US $ 1977 1976 Change
United States 2
77 III
-4,302 -
13,064
-48
13,016
United States
No longer published 2
Japan
Dec 77
2,180 11,112
3,680
7,432
Japan
Dec 77 1,920 7,876 2,696 5,180
West Germany
Dec 77
1,205
3,569
2,658
.910
West Germany
Oct 77 831 -3,660 1,841 -5,501
France
77 III
-786 -
2,809 -4,483
1,674
France
77 III - 1,123 -2,908 -6,121 3,214
United Kingdom
77 111
916
-691 - 1,539
848
United Kingdom
77 III 2,238 3,994 -1,585 5,580
Italy
77 II
161
- 768' -2,859
2,091
Italy
77 II 97 -395 -2,963 2,568
Canada
77 111
-1,146 -
4,102 -3,215
-886
Canada
77 III 345 -447 3,239 -3,686
' Converted to US dollars at the current market rates of exchange.
Converted to US doll
ars at the current market rates of exchange.
' As recommended by
the Advisory Committee on the Presentation of Balance of Payments
' Seasonally adjusted.
Statistics, the Department of Commerce no longer publishes a basic balance.
TRADE-WEIGHTED EXCHANGE RATES'
EXCHANGE RATES
As of 3 Feb 78
Sot Rate
Spot
Percent Change from
Change from
As of 3 Feb 78
US $
I Year
3 Months
1 Year 3 Months
Per Unit
19 Mar 73
Earlier
Earlier
27 Jon 78
19 Mar 73 Earlier Earlier 27 Jan 78
Japan (yen)
0.0041
8.86
19.45
2.02
0.02
United States
2.20 -3.90 -2.53 0.14
West Germany
0.4754
34.26
15.17
6.93
0.29
Japan
13.23 17.13 0.57 0.10
(Deutsche mark)
West Germany
:11.34 7.66 2.38 0.52
France (franc)
0.2073
-5.96
3.07
1.10
-2.06
France
-112.80 -5.98 -4.23 -2.20
United Kingdom
1.9410
-21.13
13.18
6.94
-0.33
United Kingdom
-24.96 7.59 3.00 -0.24
(pound sterling)
Italy
-41.38 -6.39 -3.21 0.31
Italy (lira)
0.0012
- 34.92
1.59
1.23
0
Canada
--9.17 -9.921 -0.85 -0.20
' Welghtl is based
on each Rstid country's trade with 16 other industrialized countries to
Canada (dollar)
.A.-n
0.9019
-n-roved-
- 9.60
For Ra
- 7.79
law;a
0.08
200911
- 0.23
011130
reflect the competitive Impact of exchange rate variations; among the major currencies.
A-RnP7QTnl 11 6,A0009011711060002-4
 Approved For Release 2002/01/30 : CIA-RDP79TO1316A000900060002-4
FOREIGN TRADE BILLION US $, f.o.b., seasonally adjusted
United States
14.0
12.0
10.0
Japan
West Germany
10.0
8.0
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A-10
 Approved For Release 2002/01/30 : CIA-RDP79TO1316A000900060002-4
United Kingdom
6.0
5.0
4.0
LATEST
MONTH
MILLION
US $ 1977
1976
CHANGE
LATEST
MONTH
MILLION
US $ 1977
1976
CHANGE
United States
NOV 77
9,304
109,078
104,463
4.4?0
United Kingdom
DEC 77
5,226
56,132
44,643
25.7?,
11,386
133,556
109,475
22.0%
5,375
59,024
51,108
15,5%
Balance
-2,082
-24,479
-5,012
-19,467
Balance
-148
-2,892
-6,465
3,573
7,042
79,212
65,751
20.5?,
Italy
NOV 77
4,183
40,523
33,427
21.2',
Japan
DEC 77
5,247
61,752
56,004
10.3%
3,728
40,042
36,777
8,9%
Balance
1,794
17,460
9,747
7,713
Balance
455
482
-3,349
3,831
West Germany
DEC 77
10,379
117,173
101,754
15.21
Canada
NOV 77
3,008
37.820
35,202
7.4';.
9,194
96,533
83,574
15.5%
2,906
36,120
34,726
4.0%
Balance
1,185
20,640
18,180
2,460
Balance
103
1,700
475
1,225
France
DEC 77
5.903
65,087
56,967
14.3??
5,557
67,389
61,068
10.4%
Balance
346
-2,302
--4,101
1,799
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FOREIGN TRADE PRICES IN US $1
United States INDEX: JAN 1975 =100
Japan
West Germany
105
JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT
40f ved For Re!g 002/01/30 1qI9 DP79T013iW0900060002-4
1Export and import plots are based on five month weighted moving averages.
A-12
 Approved For Release 2002/01/30 : CIA-RDP79TO1316A000900060002-4
United Kingdom
Italy
Canada
102
97
JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT
Approved I lease 2002X%/'46: CIA-RDP df316A00090( 71 2-4
5/5078 1-78
 Approved For Release 2002/01/30 : CIA-RDP79TO1316A000900060002-4
SELECTED DEVELOPING COUNTRIES
MONEY SUPPLY'
INDUSTRIAL PRODUCTION '
Average
Average
Annual Growth Rate Since
Annual Growth Rate Sims
Percent Change
Percent Change
Latest
from Previous
1 Year
3 Months
Latest
from Previous
1 Year 3 Months
Month
Month
1970
Earner
Earlier'
Period
Period
1970 Earlier Earlier'
Brazil
Aug 77
0
36.7
46.2
59.1
India
Aug 77
4.0
4.9 8.2 -7.3
India
Aug 77
2.9
13.4
15.6
7.8
South Korea
Nov 77
0.3
21.9 13.9 9.2
Iran
Sep 77
3.3
28.5
21.2
-1.4
Mexico
Sep 77
0.2
6.0 5.3 11.2
South Korea
Oct 77
5.9
32.5
47.9'
43.1
Nigeria
76 IV
0.2
11.3 9.0 0.7
Mexico
Oct 77
4.9
19.5
26.6
21.9
Taiwan
Oct 77
0.5
14.9 13.5 23.1
Nigeria
Apr 77
-2.3
36.9
47.5
99.7
Seasonally adjusted.
Taiwan
Oct 77
3.2
24.8
29.1
30.6
'Average for latest 3 months compared with average for previous 3 months.
Thailand
Jun 77
-0.9
13.2
13.0
14.9
Seasonally adjusted
.
' Average for latest
3 months compared with average for previous 3 months.
CONSUMER PRICES
WHOLESALE PRICES
Average
Average
Annual Growth Rate Since
An
nual Growth
Rate Since
Percent Change
Percent Change
Latest
from Previ
ous 1 Year
Latest
from Previous
1 Year
Month
Month
1970 Earlier
Month
Month
1970
Earlier
Brazil
Dec 77
2.3
27.4 43.1
Brazil
Oct 77
2.3
27.2
34.4
India
Sep 77
1.2
8.5 9.6
India
Nov 77
-0.7
8.7
4.0
Iran
Nov 77
0.7
12.2 23.9
Iran
Nov 77
1.9
10.3
12.3
South Korea
Nov 77
0.4
14.2 10.6
South Korea
Nov 77
0.4
16.0
8.8
Mexico
Nov 77
1.1
14.9 22.0
Mexico
Nov 77
0
16.1
23.1
Nigera
Jun 77
4.0
16.2 23.7
Taiwan
Oct 77
-0.2
8.7
3.8
Taiwan
Oct 77
- 1.1
10.6 9.9
Thailand
Oct 77
-1.2
9.7
5.5
Thailand
Oct 77
0.5
8.7 9.0
EXPORT P
RICES
OFFICIAL RESERVES
US $
Million US $
Average
Latest Month
Annual Growth Rate Since
1 Year
3 Months
Percent Change
End of
Million US $ Jun 1970
Earlier
Earlier
Latest
from Previous
1 Year
Period
Period
1970 Earlier
Brazil
Aug 77
6,195
1,013
4,405
5,806
Brazil
Sep 77
-8.2
13.3 4
7
India
Oct 77
4,886
1,006
2,778
4,395
India
Mar 77
-0
9
.
9
6
Iran
Nov 77
11,511
208
9,124
11,561
I
.
.
17.9
South Korea
Oct 77
4,246
602
2,586
3,656
ran
Oct 77
0
34.1 10.3
South Korea
77 III
0
9
8
6
Mexico
Mar 76
1,501
695
1,479
1,533
Nigeria
Ma
76
.
-0
1
.
6.5
Nigeria
Oct 77
4,551
148
5,635
4,495
y
.
27.3 12.3
Taiwan
Nov 77
1,469
531
1
676
1
416
Taiwan
Sep 77
2.6
12.1 8
2
,
,
Thailand
Dec 76
2
0
.
13
3
Thailand
Nov 77
1,864
978
1,893
1,992
.
.
13.1
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 Approved For Release 2002/01/30 : CIA-RDP79TO1316A000900060002-4
Latest 3 Months
Percent Change from
3 Months 1 Year
Latest Period
Earlier'
Earlier
1977
1976
Change
Nov 77 Exports
-51.6
-0.2
11,083
9,043
22.6%
Nov 77 Imports
-6.5
-5.1
11,012
11,305
-2.6%
Nov 77 Balance
71
-2,262
2,333
Aug 77 Exports
-64.0
5.0
3,949
3,355
17.7%
Aug 77 Imports
28.4
7.3
3,258
2,946
10.6%
Aug 77 Balance
691
410
281
Iran
Oct 77 Exports
57.9
2.6
19,764
18,820
5.0%
Sep 77 Imports
2.8
20.3
9,479
8,770
8.1%
Sep 77 Balance
8,209
7,971
238
South Korea
Oct 77 Exports
-6.2
20.2
7,831
6,217
26.0%
Oct 77 Imports
-9.9
22.0
7,897
6,461
22.2%
Oct 77 Balance
- 66
-244
178
Mexico
Oct 77 Exports
-29.0
34.3
3,367
2,573
30.9%
Oct 77 Imports
70.1
8.3
4,189
4,838
- 13.4%
Oct 77 Balance
-822
-2,266
1,443
Nigeria
Sep 77 Exports
-18.9
14.6
3,638
2,940
23.7%
Dec 76 Imports
86.7
8.4
2,531
1,990
27.2%
Dec 76 Balance
1,502
1,102
399
Taiwan
Oct 77 Exports
-18.9
12.8
7,440
6,572
13.2%
Oct 77 Imports
-31.0
9.8
6,353
5,667
12.1%
Oct 77 Balance
1,087
904
183
Thailand
Aug 77 Exports
-17.5
26.8
2,395
1,911
25.3%
Sep 77 Imports
32.3
36.6
3,077
2,384
29.1%
Aug 77 Balance
-322
-190
- 132
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 Approved For Release 2002/01/30 : CIA-RDP79TO1316A000900060002-4
AGRICULTURAL PRICES MONTHLY AVERAGE CASH PRICE
7.5 $ PER BUSHEL
1-27 DEC
1-27 DEC I
0. 1973 1974 1975 1976 1977
SOYBEANS
15 $ PER BUSHEL
1-27 DEC I
1.0 $ PER POUND
Memphis Middling 1 1/16"
1-27 DEC I
2,000
350
COFFEE /TEA
TEA
London Auction
17 OCT 102.3
10 OCT 96.9
NOV 77 NA
DEC 76 77.0
COFFEE
Other Milds Arabicas,
ex-dock New York
25 JAN 206.50
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A-16
 Approved For Release 2002/01/30 : CIA-RDP79TO1316A000900060002-4
RICE
37.5 $ PER HUNDRED WEIGHT
SOYBEAN MEAL
$ PER METRIC TON $ PER TON $ PER METRIC TON
No. 2 Medium Grain, 4% Brokens,
f.o.b. mills, Houston, Tex.
44 Percent Bulk, f.o.b. Decatur
400
16 JAN
23.50
25 JAN
155.50
9 JAN
23.50
18 JAN
157.50
DEC 77
23.33
600
DEC 77
160.88
JAN 77
207.22
1-5 DEC
COCOA1
22 NOV
16 NOV
OCT 77
NOV 76
NA
NA
NA
150
51
.
r%
5,000
222.22
4,000
0.2
125
3,000
2,000
0.1
AUG
1,000
25
11
0
1973
1974
1975
1976
1977
500
FOOD INDEX
1-20 DEC I
SOYBEAN OIL
Crude, Tank Cars, f.o.b. Decatur
25 JAN 0.2117
18 JAN 0.2019
DEC 77 0.2264
JAN 77 0.2086
Crude, Bulk, c.i.f. US Ports
25 JAN 0.2350
18 JAN (1.2300
DEC 77 (1.2392
JAN 77 0.2050
NOTE: The food index is compiled by the Economist for 16 food commodities
which enter international trade. Commodities are weighted by
3-year moving averages of imports into industrialized countries.
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INDUSTRIAL MATERIALS PRICES MONTHLY AVERAGE CASH PRICE
COPPER WIRE BAR
140 C PER POUND
1-23 DEC I 1,000
LME
US
3,000
LME
US
25 JAN
56.2
63.6
25 JAN
28.0
33.0
16 JAN
57.3
63.6
18 JAN
30.4
33.0
DEC 77
57.1
6L9
DEC 77
31.0
32.9
JAN 77
63.3
66.6
2,500
35
JAN 77
25.3
26.9
LME US
ZINC
PFR POIINh
LEAD
$ PER METRIC TON 45 O PER POUND
1-23 DEC 1
1973 1974 1975 1976 1977 200
LME US
25 JAN
22.2
31.0
2,000
25 JAN
539.6
578.3
18 JAN
23.6
31.0
1S JAN
549.5
596.6
550
DEC 77
24.4
31.0
DEC 77
579.7
615.1
JAN 77
31.3
37.0
JAN 77
429.3
463.5
14,000
618.4
585.0
125
100
PLATINUM
$ PER METRIC TON150 250 $ PER TROY OUNCE
23 JAN 72.5
18 JAN 72.5
DEC 77 61.3
25 125
1-22 DEC i ,
$ PER METRIC TON
1,000
1-23 DEC
1-23 DEC
0 150
1,500
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A-18
 Approved For Release 2002/01/30 : CIA-RDP79TO1316A000900060002-4
SELECTED MATERIALS
ALUMINUM
Major US Producer
t per pound
53.00
52.90
48.00
41.00
US STEEL
Composite
$ per long ton
359.36
357.08
339.27
306.72
IRON ORE
Non-Bessemer Old Range
$ per long ton
21.43
21.43
20.88
19.04
CHROME ORE
Russian, Metallurgical Grade
$ per metric ton
150.00
150.00
150.00
150.00
CHROME ORE
S. Africa, Chemical Grade
$ per long ton
58.50
58.50
42.00
39.00
FERROCHROME
US Producer, 66-70 Percent
E per pound
41.00
43.00
43.00
47.00
NICKEL
Composite US Producer
$ per pound
2.07
2.41
2.41
2.20
MANGANESE ORE
48 Percent Mn
$ per long ton
72.24
72.00
72.00
67.20
TUNGSTEN ORE
Contained Metal
$ per metric ton
20,807.00
22,147.00
19,707.00
11,195.00
MERCURY
NY
$ per 76 pound flask
155.00
112.32
141.19
120.70
SILVER
LME Cash
E per troy ounce
494.70
453.08
440.61
406.20
GOLD
London Afternoon Fixing Price $ per troy ounce
173.26
143.39
132.28
131.49
RUBBER
60 G PER POUND
1-23 DEC I
1977
INDUSTRIAL MATERIALS INDEX
1-20 DEC
1977
LUMBER INDEX6
160
1Approximates world market price frequently used by major
world producers and traders, although only small quantities of
these metals are actually traded on the LME.
2Producers' price, covers most primary metals sold in the U S.
3As of 1 Dec 75, US tin price quoted is "Tin NY lb composite."
4Quoted on New York market.
5S-type styrene, US export price.
6 This index is compiled by using the average of 13 types of lumber whose
prices are regarded as bellwethers of US lumber construction costs.
7Composite price for Chicago, Philadelphia, and Pittsburgh.
NOTE: The industrial materials index is compiled by the Economist for 19 raw
materials which enter international trade. Commodities are weighted by
3-year moving averages of imports into industrialized countries.
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