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Monday Apr 05, 2010



Asia Mid-Day Market Report - Tuesday, April 6th 2010


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

Sin Dollar 1.396 (1.397), Mal Ringgit 3.211 (3.230), Indo Rupiah 9030 (9058), Euro: USD1.343 (USD1.351) Indian Rupee 44.47 (44.76), Thai Baht 32.38 (32.38) Phil Pesos 44.87 (45.03) Japanese Yen 93.92 (94.38), Chinese Yuan 6.826 (6.8259)

Asian Stock Exchanges at mid-day - Dow Jones closed up 46.48 to 10,973.55 points.

STI 2,975.08 up 6.7,  KLCI 1,344.56 up 2.81,  JKT Composite Index  2,886.76 down 0.49,  Hang Seng Index : 21,537 up 297.65 ,  Nikkei 225 :  11,278.09 down 61.21

Petroleum Oil Prices   

In US closing Light Sweet Crude for May was up USD1.75 to USD86.62 per barrel.

In Asian trading hours midday May was down USD0.24 to USD86.38 per barrel.

CBOT closing yesterday :

Soybeans   :   May 936 -6, Jul 945.30 -6, Aug 941.50 -4.75

Soyoil  :  May 39.35 +0.37, Jul 39.82 +0.37, Aug 40.02 +0.38

Mid-day E-CBOT :

Soybeans   :   May 934.50 -1.5, Jul 943.75 -1.5

Soyoil  :  May 39.10 -0.25, Jul 39.55 -0.27

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

Soybeans   :   Sep 3879 +3, Jan 3831 +6, May 3822 +3

Soyoil           Sep 7614 +18, Jan 7722 +28

Palm Oil     :   Sep 6874 +6, Jan 6782 +12

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              2549     -30          2576           2547                  530 lots

May 2010             2517     -24          2546           2516                1689 lots

Jun 2010              2506     -24          2536           2505                6476 lots

 

 

Volume at 12.30 p.m :    10,283 lots in the morning session

The open interest on the MDEX as at 05/04/10 is 78,562 lots (78,028 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      Apr 820/810MJ 805/797.50, JAS 795/790, OND 790/782.50

RBDP Oil fob PK/PGG   :       Apr 815

RBDP Stearin    :      May 805 PK/PGG

PFAD    :                   Apr 685 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  May 777.50/770, JAS 767.50/762.50, OND 765/757.50

Local Crude Palm Oil :   South – Apr RM 2560/2540

Local CPKO :                 South – Apr  RM 195 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.