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Monday Feb 01, 2010



Asia Mid-Day Market Report - Monday, February 2nd 2010


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

Sin Dollar 1.406 (1.406), Mal Ringgit 3.415 (3.415), Indo Rupiah 9360 (9360), Euro: USD1.393 (USD1.393) Indian Rupee 46.38 (46.38), Thai Baht 33.15 (33.15) Phil Pesos 46.67 (46.67) Japanese Yen 89.90 (89.90), Chinese Yuan 6.8279 (6.8279)

Asian Stock Exchanges at mid-day - Dow Jones closed up 118.20 to 10,185.53 points.

STI 2,732.89 down 3.28,  KLCI 1,264.43 up 5.27,  JKT Composite Index  2,594.77 up 7.22,  Hang Seng Index : 20,287.31 up 43.56 ,  Nikkei 225 :  10,373.24 up 168.22

Petroleum Oil Prices   

In US closing Light Sweet Crude for Mar was up USD1.54  to USD74.43 per barrel.

In Asian trading hours midday Mar closed up USD0.40 to USD74.83 per barrel.

CBOT closing yesterday :

Soybeans   :   Mar 909.80 -4.25, May 920.80 -4, Jul 928.80 -4

Soyoil  :  Mar 36.19 +0.04, May 36.65 +0.04, Jul 37.08 +0.05

Mid-day E-CBOT :

Soybeans   :   Mar 909.25 -0.5, May 920.25 -0.5, Jul 929 +0.25

Soyoil  :  Mar 36.20 +0.01, May 36.65 -0.01, Jul 37.12 +0.04

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

Soybeans   :   May 3951 -27, Sep 3745 -50, Jan 3693 -38

Soyoil           May 7056 -12, Sep 7186 -36

Palm Oil     :   May 6420 -22, Sep 6566 -34

1-25days January Palm Exports vs December (pmt) :

ITS      1,213,221        vs        1,002,828        +21%

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

Feb 2010              2450     -5             2450           2450                    10 lots

Mar 2010              2440     -5            2460           2438                  929 lots

Apr 2010              2438     -7             2460           2435                2871 lots

 

Volume at 12.30 p.m :    5,702 lots in the morning session

The open interest on the MDEX as at 29/01/10 is 74,332 lots (75,930 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      Feb 750/745, Mar 752.50, AMJ 745/740, JAS 742.50/740, tdd AMJ 745 + 742.50

RBDP Oil fob PK/PGG   :       Feb 740

RBDP Stearin    :      Feb 700 PK/PGG

PFAD    :                   Feb 665 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Feb 720, Mar 720/710, AMJ 720/710

Local Crude Palm Oil :   South – Jan RM 2460/2440

Local CPKO :                 Central – Feb/Mar RM 171 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.