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Sunday Jul 11, 2010



Asia Mid-Day Market Report - Monday, July 12th 2010


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Asian Currencies & Euro to US$ at our mid-day (previous day's figures in brackets)

Sin Dollar 1.3804 (1.3874), Mal Ringgit 3.197 (3.196), Indo Rupiah 9050 (9050), Euro: USD1.2596 (USD1.2684), Indian Rupee 46.65 (46.735) Thai Baht 32.27 (32.24), Phil Pesos 46.21 (46.43), Japanese Yen 89.07 (88.66), Chinese Yuan 6.772 (6.7755)

Asian Stock Exchanges at mid-day - Dow Jones closed up 274.66 to 10,018.28 pts.

STI 2,924.99 up 7.82,  KLCI 1,329.99 up 5.68,  JKT Composite Index  2,970.43 up 26.53,  Hang Seng Index : 20,516.07 up 137.41 ,  Nikkei 225 :  9,583.74 down 1.58

Petroleum Oil Prices   

In US closing Light Sweet Crude for August was up USD0.65 to USD76.09 per barrel.

In Asian trading hours midday August was down USD0.14 to USD75.95 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 993.30 +10.25, Sep 966.50 +9, Nov 953.30 +7.25

Soyoil  :  Aug 37.50 +0.51, Sep 37.65 +0.52, Oct 37.84 +0.54

Mid-day E-CBOT :

Soybeans   :   Aug 988 -5.25, Sep 960 -6.5, Nov 947 -6.25

Soyoil  :  Aug 37.34 -0.16, Sep 37.49 -0.16, Oct 37.77 -0.07

The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons

Soybeans   :   Jan 3856 +2, May 3881 -2, Sep 3878 +0

Soyoil           Sep 7234 +22, Jan 7456 +34, May 7424 +52

Palm Oil     :   Sep 6310 +18, Jan 6340 +24

1-10 days July Palm Exports vs June 2010 (pmt) :

ITS      474,928           vs        435,148           +9.14%

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

Jul 2010              2439    +9               2449           2439                  307 lots

Aug 2010            2367    +23             2372           2356                  685 lots

Sep 2010            2324    +24             2326           2310                2519 lots

 

Volume at 12.30 p.m :   4,429 lots at the close

The open interest on the MDEX as at 09/07/10 is 73,512 lots (72,569 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      Aug 780/775, Sep 770/760, OND 760/752.50, JFM 760/750

RBDP Oil fob PK/PGG   :       Aug 775

RBDP Stearin    :      Aug 765 PK/PGG

PFAD    :                   Aug 615 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Aug 745/735, Sep 732.50/725, OND 727.50/720

Local Crude Palm Oil :   South – Jul RM 2530/2520

Local CPKO :                 South – Jul  RM 202 per pikul

 

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 There will be 7 reports for the month - 4 technical reports on BMD CPO Futures and 3 Malaysian Palm Oil Supply & Demand Forecast.

 

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DISCLAIMER:  GateTrade does not warrant the correctness of any information herein. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy.