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Wednesday Mar 24, 2010



Asia Mid-Day Market Report - Thursday, March 25th 2010


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

Sin Dollar 1.4056 (1.4013), Mal Ringgit 3.322 (3.314), Indo Rupiah 9132 (9105), Euro: USD1.333 (USD1.345) Indian Rupee 45.64 (45.45), Thai Baht 32.38 (32.33) Phil Pesos 45.62 (45.58) Japanese Yen 91.92 (90.52), Chinese Yuan 6.8278 (6.8262)

Asian Stock Exchanges at mid-day - Dow Jones closed down 52.68 to 10,836.15 points.

STI 2,886.01 down 0.35,  KLCI 1,311.87 up 2.42,  JKT Composite Index  2,811.87 up 36.31,  Hang Seng Index : 20,750.12 down 258.50 ,  Nikkei 225 :  10,827.48 up 12.45

Petroleum Oil Prices   

In US closing Light Sweet Crude for May was down USD1.30 to USD80.61 per barrel.

In Asian trading hours midday May was down USD0.15 to USD80.46 per barrel.

CBOT closing yesterday :

Soybeans   :   May 960 -8, Jul 967.50 -8, Aug 961.50 -9

Soyoil  :  May 39.08 -0.46, Jul 39.50 -0.45, Aug 39.68 -0.45

Mid-day E-CBOT :

Soybeans   :   May 962.25 +2.25, Jul 969 +1.5

Soyoil  :  May 39.28 +0.2, Jul 39.72 +0.22

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

Soybeans   :   Sep 3866 +6, Jan 3816 +3, May 3809 +6

Soyoil           Sep 7530 +30, Jan 7642 +28

Palm Oil     :   Sep 6890 +4, Jan 6786 +14

1-25 days March Palm Exports vs February (pmt) :

ITS      1,114,035        vs        1,089,410        +2.25%

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

Apr 2010              2620     +8        2620           2611                    76 lots

May 2010             2583     +6        2589           2565                  409 lots

Jun 2010              2560     +0        2579           2555                2816 lots

 

 

Volume at 12.30 p.m :    4,085 lots in the morning session

The open interest on the MDEX as at 25/03/10 is 78,414 lots (77,953 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      Apr 810/805, MJ 807.50/800, JAS 797.50/792.50, tdd MJ 802.50, JAS 792.50

RBDP Oil fob PK/PGG   :       Apr 805

RBDP Stearin    :      Apr 800 PK/PGG

PFAD    :                   Apr 687.50 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Apr 785/770, MJ 780/765, JAS 767.50/760

Local Crude Palm Oil :   South – Mar RM 2620/2600

Local CPKO :                 South – Apr  RM 201 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.