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Sunday Feb 07, 2010



Asia Mid-Day Market Report - Monday, February 8th 2010


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

Sin Dollar 1.423 (1.406), Mal Ringgit 3.446 (3.415), Indo Rupiah 9420 (9360), Euro: USD1.362 (USD1.393) Indian Rupee 46.85 (46.38), Thai Baht 33.20 (33.15) Phil Pesos 46.66 (46.67) Japanese Yen 89.28 (89.90), Chinese Yuan 6.827 (6.8279)

Asian Stock Exchanges at mid-day - Dow Jones closed up 10.05 to 10,012.23 points.

STI 2,674.11 down 9.45,  KLCI 1,238.78 down 9.12,  JKT Composite Index  2,447.78 down 71.20,  Hang Seng Index : 19,472.89 down 192.19 ,  Nikkei 225 :  9,951.82 down 105.27

Petroleum Oil Prices   

In US closing Light Sweet Crude for Mar was down USD1.95  to USD71.19 per barrel.

In Asian trading hours midday Mar closed up USD0.21 to USD71.40 per barrel.

CBOT closing yesterday :

Soybeans   :   Mar 913.50 -0.5, May 924.30 -0.5, Jul 932.80 -0.75

Soyoil  :  Mar 37.00 -0.21, May 37.48 -0.2, Jul 37.93 -0.2

Mid-day E-CBOT :

Soybeans   :   Mar 925 +11.5, May 936 +11.75, Jul 944 +11.25

Soyoil  :  Mar 37.34 +0.34, May 37.85 +0.37, Jul 38.82 +0.39

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

Soybeans   :   May 4040 +64, Sep 3809 +32, Jan 3749 +34

Soyoil           May 7228 +112, Sep 7364 +96

Palm Oil     :   May 6620 +92, Sep 6780 +118

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

Feb 2010              2558     +33           2558           2555                    42 lots

Mar 2010              2552     +22           2555           2546                  709 lots

Apr 2010              2550     +29            2555           2542                2673 lots

 

Volume at 12.30 p.m :    4,407 lots in the morning session

The open interest on the MDEX as at 05/02/10 is 76,779 lots (74,332 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      Feb 782.50, Mar 782.50, AMJ 780/775, JAS 777.50/772.50, tdd AMJ 777.50, JAS 775

RBDP Oil fob PK/PGG   :       Feb 735

RBDP Stearin    :      Feb 720 PK/PGG

PFAD    :                   Feb 680 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Feb 750, Mar 750, AMJ 750/745

Local Crude Palm Oil :   South – Jan RM 2560/2550

Local CPKO :                 Central – Feb/Mar RM 176 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.