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Sunday Feb 21, 2010



Asia Mid-Day Market Report - Monday, February 22nd 2010


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

Sin Dollar 1.407 (1.412), Mal Ringgit 3.398 (3.412), Indo Rupiah 9285 (9335), Euro: USD1.363 (USD1.347) Indian Rupee 46.15 (46.44), Thai Baht 33.12 (33.22) Phil Pesos 46.28 (46.09) Japanese Yen 91.64 (91.82), Chinese Yuan 6.827 (6.831)

Asian Stock Exchanges at mid-day - Dow Jones closed up 9.45 to 10,402.35 points.

STI 2,768.86 up 11.72,  KLCI 1,264.88 up 7.21,  JKT Composite Index  2,563.49 up 9.11,  Hang Seng Index : 20,413.01 up 518.99 ,  Nikkei 225 :  10,357.51 up 233.93

Petroleum Oil Prices   

In US closing Light Sweet Crude for Apr was up USD0.64  to USD80.06 per barrel.

In Asian trading hours midday Apr was up USD0.37 to USD80.43 per barrel.

CBOT closing yesterday :

Soybeans   :   Mar 945 -3, May 954.50 -3, Jul 962 -3.25

Soyoil  :  Mar 38.52 -0.18, May 39.00 -0.18, Jul 39.46 -0.17

Mid-day E-CBOT :

Soybeans   :   Mar 950.50 +5.5, May 959.75 +5.25, Jul 967 +5

Soyoil  :  Mar 38.80 +0.28, May 39.26 +0.26, Jul 39.72 +0.26

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

Soybeans   :   May 4113 +27 Sep 3815 +35, Jan 3743 +29

Soyoil           May 7382 +112, Sep 7508 +108

Palm Oil     :   May 6826 +146, Sep 6938 +138

1-20days February Palm Exports vs January (pmt) :

ITS      844,865           vs        924,003           -8.6%

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

Mar 2010              2634     +24           2642           2634                  198 lots

Apr 2010               2631     +32           2645           2629                1337 lots

May 2010             2626     +30            2638           2621                3427 lots

 

Volume at 12.30 p.m :    5,886 lots in the morning session

The open interest on the MDEX as at 19/02/10 is 81,398 lots (80,465 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      Mar 807.50, AMJ 805/802.50, JAS 800/792.50, tdd AMJ 802.50

RBDP Oil fob PK/PGG   :       Mar 792.50

RBDP Stearin    :      Mar 750 PK/PGG

PFAD    :                   Mar 700 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Mar 780/770, AMJ 775/770, JAS 770

Local Crude Palm Oil :   South – Mar RM 2640/2630

Local CPKO :                 Central – Mar  RM 181 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.