Asia Mid-Day Market Report - Friday, March 5th 2010
This report is the property of GateTrade. The scanning, uploading and distributing of this report via the internet or any other means without the permission of GateTrade is illegal and punishable by law.
Asia Closing and USA/Europe Reports are now posted on "Member-Only". Please login to view the report.
Asian Currencies & Euro to US$ at our mid-day (previous day's figures in brackets)
Sin Dollar 1.4007 (1.399), Mal Ringgit 3.365 (3.369), Indo Rupiah 9260 (9270), Euro: USD1.359 (USD1.368) Indian Rupee 45.79 (45.79), Thai Baht 32.64 (32.67) Phil Pesos 46.05 (45.98) Japanese Yen 89.22 (88.45), Chinese Yuan 6.8275 (6.8271)
Asian Stock Exchanges at mid-day - Dow Jones closed up 47.38 to 10,444.14 points.
STI 2,784.46 up 15.76, KLCI 1,291.99 up 7.90, JKT Composite Index 2,573.19 up 7.55, Hang Seng Index : 20,754.30 up 178.52 , Nikkei 225 : 10,338.54 up 192.82
Petroleum Oil Prices
In US closing Light Sweet Crude for Apr was down USD0.66 to USD80.21 per barrel.
In Asian trading hours midday Apr was up USD0.44 to USD80.65 per barrel.
CBOT closing yesterday :
Soybeans : May 942 -21.5, Jul 950.50 -20.5, Aug 948 -18.75
Soyoil : May 40.00 -0.4, Jul 40.43 -0.4, Aug 40.59 -0.4
Mid-day E-CBOT :
Soybeans : May 943 +1, Jul 951.50 +1, Aug 950 +2
Soyoil : May 40.02 +0.02, Jul 40.48 +0.05, Aug 40.64 +0.05
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : May 4085 -10, Sep 3836 -25, Jan 3765 -21
Soyoil : May 7354 +10, Sep 7504 +12
Palm Oil : May 6836 +54, Sep 6966 +44
February Palm Exports vs January (pmt) :
ITS 1,206,859 vs 1,496,805 -19.4%
SGS 1,249,390 vs 1,478,739 -16%
MDEX as at the morning close :
Month Last High Low Volume
Mar 2010 2685 +5 2685 2675 33 lots
Apr 2010 2700 +19 2705 2681 1263 lots
May 2010 2683 +9 2700 2665 4364 lots
Volume at 12.30 p.m : 7,690 lots in the morning session
The open interest on the MDEX as at 04/03/10 is 81,079 lots (80,556 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob PK/PGG : Mar 830, AMJ 830/820, JAS 817.50/812.50, tdd AMJ 822.50+825
RBDP Oil fob PK/PGG : Mar 815
RBDP Stearin : Apr 802.50 PK/PGG
PFAD : Apr 705 fob PK/PGG
CPO - FOB Belawan/Dumai : Mar 795, AMJ 800, JAS 790/782.50
Local Crude Palm Oil : South – Mar RM 2700/2630
Local CPKO : Central – Apr RM 195 per pikul
GateTrade Exclusive Reports are available to paid members for a monthly fee of USD50.00. Interested party can logon to GateTrade’s website at www.gatetrade.com to register and pay by credit card. After logon click Subscriptions under "Market Reports" and follow the instructions.
There will be 7 reports for the month - 4 technical reports on BMD CPO Futures and 3 Malaysian Palm Oil Supply & Demand Forecast.
Please join our over 1460 members from 106 countries have registered for trading Palm Oil, Coconut Oil and Biodiesel on GateTrade. Please register at www.gatetrade.com to start trading. Registration is free. Only members will be able to post buy/sell positions and to view trades.
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.
Posted at 08:54PM Mar 04, 2010 by MarketReports admin in Asia Mid-Day |