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Sunday Apr 18, 2010



Asia Mid-Day Market Report - Monday, April 19th 2010


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

Sin Dollar 1.3789 (1.377), Mal Ringgit 3.215 (3.206), Indo Rupiah 9035 (9013), Euro: USD1.346 (USD1.354) Indian Rupee 44.56 (44.56) Thai Baht 32.23 (32.23) Phil Pesos 44.60 (44.46) Japanese Yen 91.99 (92.73), Chinese Yuan 6.8267 (6.8268)

Asian Stock Exchanges at mid-day - Dow Jones closed down 125.91 to 11,018.66 points.

STI 2,964.98 down 42.21 ,  KLCI 1,323.84 down 8.93,  JKT Composite Index  2,841.84 down 36.83,  Hang Seng Index : 21,515.19 down 350.07 ,  Nikkei 225 :  10,927.71 down 174.47

Petroleum Oil Prices   

In US closing Light Sweet Crude for May was down USD2.27 to USD83.24 per barrel.

In Asian trading hours midday May was down USD1.31 to USD81.93 per barrel.

CBOT closing yesterday :

Soybeans   :   May 985.30 +1.25, Jul 995 +2, Aug 990.80 +2

Soyoil  :  May 39.80 -0.27, Jul 40.27 -0.26, Aug 40.48 -0.26

Mid-day E-CBOT :

Soybeans   :   May 977.25 -8, Jul 987.25 -7.75

Soyoil  :  May 39.54 -0.26, Jul 40.00 -0.27

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

Soybeans   :   Sep 3885 -20, Jan 3932 -23, May 3938 -12

Soyoil           Sep 7634 -84, Jan 7808 -70

Palm Oil     :   Sep 6910 -80, Jan 6864 -72

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

ITS      480,966           vs        669,227           -28.13%

SGS    502,182           vs        638,548           -21%

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

May 2010             2504     -36            2530           2504                  711 lots

Jun 2010              2488     -40            2508           2488                2172 lots

Jul 2010               2478     -40            2494           2455                4126 lots

 

 

 

Volume at 12.30 p.m :    7,658 lots in the morning session

The open interest on the MDEX as at 16/04/10 is 69,645 lots (72,632 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      May 810/800, Jun 805/797.50, JAS 800/795, OND 797.50/790, tdd JAS 797.50

RBDP Oil fob PK/PGG   :       May 805

RBDP Stearin    :      May 805 PK/PGG

PFAD    :                   May 680 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  MJ 777.50/765, JAS 772.50/7652.50/770, OND 770/765

Local Crude Palm Oil :   South – May RM 2510/2490

Local CPKO :                 South – May  RM 194 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.