Asia Mid-Day Market Report - Monday, March 29th 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.
Asian Currencies & Euro to US$ at our mid-day (previous day's figures in brackets)
Sin Dollar 1.4008 (1.4055), Mal Ringgit 3.281 (3.311), Indo Rupiah 9078 (9127), Euro: USD1.344 (USD1.3335) Indian Rupee 45.08 (45.42), Thai Baht 32.27 (32.44) Phil Pesos 45.34 (45.58) Japanese Yen 92.69 (92.67), Chinese Yuan 6.8277 (6.828)
Asian Stock Exchanges at mid-day - Dow Jones closed up 9.15 to 10,850.36 points.
STI 2,919.72 up 13.44, KLCI 1,319.21 up 4.07, JKT Composite Index 2,796.83 down 16.25, Hang Seng Index : 21,224.79 up 171.68 , Nikkei 225 : 10,974.68 down 21.69
Petroleum Oil Prices
In US closing Light Sweet Crude for May was down USD0.53 to USD80.00 per barrel.
In Asian trading hours midday May was up USD0.46 to USD80.46 per barrel.
CBOT closing yesterday :
Soybeans : May 952 +9.5, Jul 959.80 +9.25, Aug 952.50 +7.5
Soyoil : May 38.95 +0.25, Jul 39.38 +0.25, Aug 39.55 +0.25
Mid-day E-CBOT :
Soybeans : May 956.75 +4.75, Jul 963.75 +4
Soyoil : May 39.13 +0.18, Jul 39.59 +0.21
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : Sep 3862 +17, Jan 3816 +17, May 3812 +18
Soyoil : Sep 7500 +24, Jan 7614 +8
Palm Oil : Sep 6890 +32, Jan 6768 +12
1-25 days March Palm Exports vs February (pmt) :
ITS 1,114,035 vs 1,089,410 +2.25%
SGS 1,125,412 vs 1,101,771 +2.1%
MDEX as at the morning close :
Month Last High Low Volume
Apr 2010 2588 -11 2590 2571 73 lots
May 2010 2565 +0 2576 2560 658 lots
Jun 2010 2540 +6 2557 2536 2167 lots
Volume at 12.30 p.m : 3,189 lots in the morning session
The open interest on the MDEX as at 26/03/10 is 79,209 lots (78,501 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob PK/PGG : Apr 815, MJ 810/800, JAS 795/790
RBDP Oil fob PK/PGG : Apr 810
RBDP Stearin : Apr 800 PK/PGG
PFAD : Apr 685 fob PK/PGG
CPO - FOB Belawan/Dumai : Apr 790, MJ 785, JAS 770
Local Crude Palm Oil : South – Apr RM 2590/2570
Local CPKO : South – Apr RM 200 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 08:42PM Mar 28, 2010 by MarketReports admin in Asia Mid-Day |