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Wednesday Apr 14, 2010



Asia Mid-Day Market Report - Thursday, April 15th 2010


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

Sin Dollar 1.3727 (1.377), Mal Ringgit 3.1855 (3.20), Indo Rupiah 9003 (9008), Euro: USD1.364 (USD1.365) Indian Rupee 44.29 (44.27) Thai Baht 32.23 (32.27) Phil Pesos 44.31 (44.53) Japanese Yen 93.38 (93.19), Chinese Yuan 6.8264 (6.8254)

Asian Stock Exchanges at mid-day - Dow Jones closed up 103.69 to 11,123.11 points.

STI 3,032.98 up 13.24 ,  KLCI 1,335.37 down 0.52,  JKT Composite Index  2,896.71 up 11.70,  Hang Seng Index : 22,207.16 up 85.73 ,  Nikkei 225 :  11,256.90 up 52

Petroleum Oil Prices   

In US closing Light Sweet Crude for May was up USD1.79 to USD85.84 per barrel.

In Asian trading hours midday May was up USD0.23 to USD86.07 per barrel.

CBOT closing yesterday :

Soybeans   :   May 969 +1, Jul 977 +1.5, Aug 971.80 +0.75

Soyoil  :  May 39.86 +0.12, Jul 40.31 +0.12, Aug 40.53 +0.14

Mid-day E-CBOT :

Soybeans   :   May 967 -2, Jul 974.75 -2.25

Soyoil  :  May 39.78 -0.08, Jul 40.21 -0.1

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

Soybeans   :   Sep 3894 -17, Jan 3938 -10, May 3935 -7

Soyoil           Sep 7718 -10, Jan 7860 -2

Palm Oil     :   Sep 6986 -18, Jan 6924 +2

1-15 days April Palm Exports vs March 2010 (pmt) :

ITS      480,966           vs        669,227           -28.13%

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

Apr 2010              2586     +6           2620           2585                  190 lots

May 2010             2537     -3            2539           2532                  450 lots

Jun 2010              2521     -7            2525           2514                1853 lots

 

 

Volume at 12.30 p.m :    3,453 lots in the morning session

The open interest on the MDEX as at 14/04/10 is 72,358 lots (71,576 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      May 815/810, JAS 807.50/802.50, OND 802.50/800

RBDP Oil fob PK/PGG   :       May 810

RBDP Stearin    :      May 815 PK/PGG

PFAD    :                   May 685 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  May 782.50/775, JAS 780/775, OND 777.50/767.50

Local Crude Palm Oil :   South – Apr RM 2580/2570

Local CPKO :                 South – MJ  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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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.