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Monday Apr 19, 2010



Asia Mid-Day Market Report - Tuesday, April 20th 2010


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

Sin Dollar 1.3746 (1.3789), Mal Ringgit 3.204 (3.215), Indo Rupiah 9011 (9035), Euro: USD1.3485 (USD1.346) Indian Rupee 44.53 (44.56) Thai Baht 32.21 (32.23) Phil Pesos 44.585 (44.60) Japanese Yen 92.65 (91.99), Chinese Yuan 6.8263 (6.8267)

Asian Stock Exchanges at mid-day - Dow Jones closed up 73.39 to 11,092.05 points.

STI 2,968.55 up 7.62 ,  KLCI 1,332.58 up 5.91,  JKT Composite Index  2,871.35 up 30.92,  Hang Seng Index : 21,573.38 up 168.21 ,  Nikkei 225 :  10,968.77 up 60

Petroleum Oil Prices   

In US closing Light Sweet Crude for May was down USD1.79 to USD81.45 per barrel.

In Asian trading hours midday May was up USD0.59 to USD82.04 per barrel.

CBOT closing yesterday :

Soybeans   :   May 976.80 -8.5, Jul 986.50 -8.5, Aug 981.80 -9

Soyoil  :  May 38.93 -0.87, Jul 39.39 -0.88, Aug 39.60 -0.88

Mid-day E-CBOT :

Soybeans   :   May 979.25 +2.5, Jul 989.50 +3

Soyoil  :  May 39.10 +0.17, Jul 39.58 +0.19

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

Soybeans   :   Sep 3888 +5, Jan 3952 +24, May 3979 +44

Soyoil           Sep 7608 -32, Jan 7794 -16

Palm Oil     :   Sep 6880 -30, Jan 6874 +6

1-20 days April Palm Exports vs March 2010 (pmt) :

ITS      724,499           vs        873,931           -17.1%

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

May 2010             2498     +8            2500           2486                  294 lots

Jun 2010              2481     +3            2490           2471                1870 lots

Jul 2010               2473     +3            2481           2464                4442 lots

 

 

 

Volume at 12.30 p.m :    8,348 lots in the morning session

The open interest on the MDEX as at 19/04/10 is 67,796 lots (69,645 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      May 805/800, Jun 800/795, JAS 797.50/792.50, OND 792.50/787.50, tdd JAS 792.50

RBDP Oil fob PK/PGG   :       May 800

RBDP Stearin    :      May 807.50 PK/PGG

PFAD    :                   May 680 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  MJ 770/765, JAS 770/760, OND 767.50/752.50

Local Crude Palm Oil :   South – May RM 2500/2480

Local CPKO :                 South – May  RM 191 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.