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Thursday Apr 08, 2010



Asia Mid-Day Market Report - Friday, April 9th 2010


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

Sin Dollar 1.394 (1.3966), Mal Ringgit 3.192 (3.21), Indo Rupiah 9025 (9055), Euro: USD1.335 (USD1.332) Indian Rupee 44.43 (44.63), Thai Baht 32.19 (32.34) Phil Pesos 45.03 (44.85) Japanese Yen 93.57 (93.21), Chinese Yuan 6.8248 (6.8262)

Asian Stock Exchanges at mid-day - Dow Jones closed up 29.55 to 10,927.07 points.

STI 2,968.20 up 5.01,  KLCI 1,336.63 up 3.7,  JKT Composite Index  2,837.25 down 13.58,  Hang Seng Index : 22,160.43 up 293.39 ,  Nikkei 225 :  11,175.28 up 7.08

Petroleum Oil Prices   

In US closing Light Sweet Crude for May was down USD0.49 to USD85.39 per barrel.

In Asian trading hours midday May was down USD0.15 to USD85.73 per barrel.

CBOT closing yesterday :

Soybeans   :   May 946.50 -6, Jul 956 -5.5, Aug 953 -4.75

Soyoil  :  May 39.92 -0.11, Jul 40.40 -0.1, Aug 40.63 -0.08

Mid-day E-CBOT :

Soybeans   :   May 947.50 +1, Jul 957.50 +1.5

Soyoil  :  May 40.05 +0.13, Jul 40.56 +0.16

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

Soybeans   :   Sep 3891 -11, Jan 3883 +4, May 3870 +10

Soyoil           Sep 7740 +26, Jan 7850 +20

Palm Oil     :   Sep 6990 -4, Jan 6892 -4

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              untraded

May 2010             2530     +10          2530           2517                  721 lots

Jun 2010              2508     +8            2516           2500                2189 lots

 

 

Volume at 12.30 p.m :    4,316 lots in the morning session

The open interest on the MDEX as at 08/04/10 is 77,683 lots (78,915 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      MJ 815, JAS 805/800, OND 797.50/792.50

RBDP Oil fob PK/PGG   :       May 810

RBDP Stearin    :      May 815 PK/PGG

PFAD    :                   May 685 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  MJ 780, JAS 775

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

Local CPKO :                 South – Apr  RM 196 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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