Asia Mid-Day Market Report - Tuesday, April 13th 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 1.393 (1.387), Mal Ringgit 3.229 (3.187), Indo Rupiah 9019 (9000), Euro: USD1.357 (USD1.366) Indian Rupee 44.66 (44.265) Thai Baht 32.40 (32.16) Phil Pesos 44.83 (44.78) Japanese Yen 92.61 (93.10), Chinese Yuan 6.8271 (6.8245)
Asian Stock Exchanges at mid-day - Dow Jones closed up 8.62 to 11,005.97 points.
STI 2,962.01 down 15.16, KLCI 1,334.98 down 4.63, JKT Composite Index 2,871.60 down 9.73, Hang Seng Index : 22,013.78 down 124.39 , Nikkei 225 : 11,119.37 down 132.53
Petroleum Oil Prices
In US closing Light Sweet Crude for May was down USD0.58 to USD84.34 per barrel.
In Asian trading hours midday May was down USD0.35 to USD83.99 per barrel.
CBOT closing yesterday :
Soybeans : May 960 +7.75, Jul 968.50 +6.5, Aug 962.30 +5
Soyoil : May 39.59 -0.45, Jul 40.05 -0.47, Aug 40.26 -0.47
Mid-day E-CBOT :
Soybeans : May 955.25 -4.75, Jul 963.75 -4.75
Soyoil : May 39.58 -0.01, Jul 40.05 -0.03
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : Sep 3894 -11, Jan 3906 -9, May 3888 -25
Soyoil : Sep 7692 -66, Jan 7796 -82
Palm Oil : Sep 6966 -64, Jan 6858 -86
1-10 days April Palm Exports vs March 2010 (pmt) :
ITS 291,033 vs 464,889 -37%
SGS 303,423 vs 434,340 -30.14%
MDEX as at the morning close :
Month Last High Low Volume
Apr 2010 2555 -30 2555 2555 10 lots
May 2010 2528 -19 2531 2522 195 lots
Jun 2010 2516 -19 2523 2511 2048 lots
Volume at 12.30 p.m : 3,744 lots in the morning session
The open interest on the MDEX as at 12/04/10 is 74,101 lots (76,407 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob PK/PGG : May 815/805 Jun 815/805, JAS 805/800, OND 802.50/792.50, tdd JAS 805+802.50
RBDP Oil fob PK/PGG : May 810
RBDP Stearin : May 805 PK/PGG
PFAD : May 685 fob PK/PGG
CPO - FOB Belawan/Dumai : May 785/772.50, JAS 777.50/770, OND 770/760
Local Crude Palm Oil : South – Apr RM 2560/2540
Local CPKO : South – MJ RM 194 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 09:58PM Apr 12, 2010 by MarketReports admin in Asia Mid-Day |