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Wednesday Feb 10, 2010



Asia Mid-Day Market Report - Thursday, February 11th 2010


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

Sin Dollar 1.412 (1.418), Mal Ringgit 3.419 (3.432), Indo Rupiah 9365 (9360), Euro: USD1.378 (USD1.374) Indian Rupee 46.42 (46.56), Thai Baht 33.15 (33.17) Phil Pesos 46.28 (46.67) Japanese Yen 89.83 (89.67), Chinese Yuan 6.8295 (6.8288)

Asian Stock Exchanges at mid-day - Dow Jones closed down 20.26 to 10,038.38 points.

STI 2,750.71 up 16.32,  KLCI 1,247.02 up 0.85,  JKT Composite Index  2,475.99 down 7.45,  Hang Seng Index : 20,192.23 up 270.01 ,  Nikkei 225 :  9,963.99

Petroleum Oil Prices   

In US closing Light Sweet Crude for Mar was up USD0.77  to USD74.52 per barrel.

In Asian trading hours midday Mar was up USD0.38 to USD74.90 per barrel.

CBOT closing yesterday :

Soybeans   :   Mar 937.50 +13, May 947 +11.75, Jul 954.50 +10.5

Soyoil  :  Mar 38.27 -0.11, May 38.75 -0.12, Jul 39.21 -0.13

Mid-day E-CBOT :

Soybeans   :   Mar 946.25 +8.75, May 955 +8, Jul 961.50 +7

Soyoil  :  Mar 38.55 +0.28, May 39.03 +0.28, Jul 39.48 +0.27

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

Soybeans   :   May 4093 +9, Sep 3797 +18, Jan 3724 +10

Soyoil           May 7306 +26, Sep 7444 +68

Palm Oil     :   May 6722 +56, Sep 6828 +46

1-10days February Palm Exports vs January (pmt) :

ITS      370,727           vs        351,818           +5.37%

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

Feb 2010              2589     +19           2590           2589                      2 lots

Mar 2010              2584     +19           2591           2577                  343 lots

Apr 2010              2582     +19            2590           2575                3155 lots

 

Volume at 12.30 p.m :    6,020 lots in the morning session

The open interest on the MDEX as at 10/02/10 is 77,624 lots (77,648 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      Feb 790, Mar 790, AMJ 790/782.50, JAS 785/780, tdd AMJ 785, JAS 780

RBDP Oil fob PK/PGG   :       Feb 775

RBDP Stearin    :      Feb 730 PK/PGG

PFAD    :                   Feb 685 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Mar 760, AMJ 757.50/752.50, JAS 757.50

Local Crude Palm Oil :   South – Feb RM 2590/2580

Local CPKO :                 Central – Mar/Apr RM 179 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.