USA/Europe Closing Market Report - Monday, January 5th 2009
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Comments : Good morning : CBOT soy complex closed higher boosted by strong fundamentals and technical strength. South America dryness continue to hurt their soy crops added fuel for the bulls and higher crude oil also provided support.
Dow Jones Close
Dow Jones overnight closed down 81.80 to 8,952.89 points.
Currencies Closing (previous day's closing in brackets)
US Dollar : Euro : USD1.3622 (USD1.413), Sin.Dollar 1.473 (1.435), Mal Ringgit 3.50 (3.476), Japanese Yen : 93.23 (90.33), Indo Rupiah 10900 (10900).
Petroleum Oil Closing prices -
Petroleum closed : Light sweet crude for Feb delivery up USD2.47 to USD48.81 per barrel.
CBOT Close : -
Soybeans : Jan 983.80 +13.75, Mar 987 +10, May 998.30 +9.75
Soyoil : Jan 34.90 +1.32, Mar 35.17 +1.29, May 35.50 +1.28
Crude Palm Oil cif Rotterdam.
JFM 590s, AMJ 600s, JAS 610s
Crude Coconut Oil cif Rotterdam
Jan-Feb 790, Feb-Mar 800, Mar-Apr 810
Crude Palm Kernel Oil cif Rotterdam
Jan-Feb 590, Feb-Mar 595, Mar-Apr 600
Crude Rapeseed Oil fob Dutch max 2% f.f.a. fob mill in Euro per metric ton
Feb-Apr 605, May-Jul 620, Aug-Oct 620
Last prices on Malaysian RBDP Olein fob Malaysian ports basis
JFM 615s/605b, AMJ 615s/605b, JAS 610s/605b
US GULF: CDSBO FOB GULF SELLERS JFM -50
CAN CANOLA OIL FOB VANCOUVER JFM +325
US CORN OIL FOB JF 800/MT
SUNOIL-FOB ARGENTINA JFM 695/MT
ARGENTINA SBO JFM -390, MJJ -370
BRAZIL SBO FM -290, AM -350, JJ -380
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Posted at 03:32PM Jan 05, 2009 by MarketReports admin in USA-Europe |