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Sunday Apr 04, 2010



Asia Mid-Day Market Report - Monday, April 5th 2010


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

Sin Dollar 1.397 (1.396), Mal Ringgit 3.230 (3.245), Indo Rupiah 9058 (9065), Euro: USD1.351 (USD1.356) Indian Rupee 44.76 (44.70), Thai Baht 32.38 (32.28) Phil Pesos 45.03 (45.05) Japanese Yen 94.38 (93.75), Chinese Yuan 6.8259 (6.826)

Asian Stock Exchanges at mid-day - Dow Jones closed up 70.44 to 10,927.07 points.

STI 2,951.24 up 8.22,  KLCI 1,341.05 up 5.11,  JKT Composite Index  2,877.17 up 47.17,  Hang Seng Index : 21,537 up 297.65 ,  Nikkei 225 :  11,321.89 up 35.80

Petroleum Oil Prices   

In US closing Light Sweet Crude for May was up USD1.11 to USD84.87 per barrel.

In Asian trading hours midday May was up USD0.84 to USD85.71 per barrel.

CBOT closing yesterday :

Soybeans   :   May 942 +1, Jul 951.30 +1.25, Aug 946.30 +2.5

Soyoil  :  May 38.98 +0.67, Jul 39.45 +0.68, Aug 39.64 +0.68

Mid-day E-CBOT :

Soybeans   :   May 944.25 +2.25, Jul 953.50 +2.25, Aug 946.75 +0.5

Soyoil  :  May 39.19 +0.21, Jul 39.64 +0.19

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

closed for holiday

1-31 days March Palm Exports vs February (pmt) :

ITS      1.35mln           vs        1.2mln             +12%

SGS    1,345,124        vs        1,249,390        +7.7%

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

Apr 2010              2613     +8          2624           2613                  392 lots

May 2010             2580     +9          2595           2580                  968 lots

Jun 2010              2570     +11        2588           2567                4295 lots

 

 

Volume at 12.30 p.m :    6,933 lots in the morning session

The open interest on the MDEX as at 02/04/10 is 78,028 lots (83,116 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      Apr 825/812.50, MJ 815/810, JAS 805/800, OND 800/795

RBDP Oil fob PK/PGG   :       Apr 820

RBDP Stearin    :      Apr 820 PK/PGG

PFAD    :                   Apr 690 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  May 787.50/775, JAS 782.50/775, OND 775/765

Local Crude Palm Oil :   South – Apr RM 2610/2590

Local CPKO :                 South – Apr  RM 197 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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