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Sunday Apr 11, 2010



Asia Mid-Day Market Report - Monday, April 12th 2010


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

Sin Dollar 1.387 (1.394), Mal Ringgit 3.187 (3.192), Indo Rupiah 9000 (9025), Euro: USD1.366 (USD1.335) Indian Rupee 44.265 (44.43), Thai Baht 32.16 (32.19) Phil Pesos 44.78 (45.03) Japanese Yen 93.10 (93.57), Chinese Yuan 6.8245 (6.8248)

Asian Stock Exchanges at mid-day - Dow Jones closed up 70.28 to 10,997.35 points.

STI 2,965.49 down 6.48,  KLCI 1,340.34 up 6.36,  JKT Composite Index  2,869.47 up 24.46,  Hang Seng Index : 22,243.29 up 34.79 ,  Nikkei 225 :  11,323.27 up 118.93

Petroleum Oil Prices   

In US closing Light Sweet Crude for May was down USD0.47 to USD84.92 per barrel.

In Asian trading hours midday May was up USD0.38 to USD85.30 per barrel.

CBOT closing yesterday :

Soybeans   :   May 952.30 +5.75, Jul 962 +6, Aug 957.30 +4.25

Soyoil  :  May 40.04 +0.12, Jul 40.52 +0.12, Aug 40.73 +0.1

Mid-day E-CBOT :

Soybeans   :   May 957.50 +5.25, Jul 967 +5

Soyoil  :  May 40.19 +0.15, Jul 40.73 +0.21

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

Soybeans   :   Sep 3897 +7, Jan 3906 +26, May 3908 +37

Soyoil           Sep 7746 +8, Jan 7868 +20

Palm Oil     :   Sep 7016 +22, Jan 6936 +40

1-10 days April Palm Exports vs March 2010 (pmt) :

ITS      291,033           vs        464,889           -37%

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

Apr 2010              2589     +9           2590           2581                  599 lots

May 2010             2558     +5           2568           2557                  912 lots

Jun 2010              2546     -48          2557           2544                3366 lots

 

 

Volume at 12.30 p.m :    7,443 lots in the morning session

The open interest on the MDEX as at 09/04/10 is 76,407 lots (77,683 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      May 825/817.50Jun 822.50/815, JAS 815/810, OND 807.50/802.50, tdd JAS 810+812.50

RBDP Oil fob PK/PGG   :       May 820

RBDP Stearin    :      May 820 PK/PGG

PFAD    :                   May 685 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  MJ 795, JAS 792.50/787.50, tdd JAS 785

Local Crude Palm Oil :   South – Apr RM 2580/2560

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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