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Tuesday Apr 20, 2010



Asia Mid-Day Market Report - Wednesday, April 21st 2010


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

Sin Dollar 1.3720 (1.3746), Mal Ringgit 3.192 (3.204), Indo Rupiah 9007 (9011), Euro: USD1.3407 (USD1.3485) Indian Rupee 44.425 (44.53) Thai Baht 32.03 (32.21) Phil Pesos 44.61 (44.585) Japanese Yen 93.16 (92.65), Chinese Yuan 6.8257 (6.8263)

Asian Stock Exchanges at mid-day - Dow Jones closed up 25.01 to 11,117.06 points.

STI 2,984.82 up 3.45 ,  KLCI 1,336.83 up 0.93,  JKT Composite Index  2,903.48 up 12.21,  Hang Seng Index : 21,649.76 up 26.38 ,  Nikkei 225 :  11,078.48 up 177.80

Petroleum Oil Prices   

In US closing Light Sweet Crude for Jun was up USD0.72 to USD83.85 per barrel.

In Asian trading hours midday Jun was up USD0.54 to USD84.39 per barrel.

CBOT closing yesterday :

Soybeans   :   May 984 +7.25, Jul 994 +7.5, Aug 989.30 +7.5

Soyoil  :  May 39.07 +0.14, Jul 39.54 +0.15, Aug 39.74 +0.14

Mid-day E-CBOT :

Soybeans   :   May 987 +3, Jul 997.50 +3.5

Soyoil  :  May 39.19 +0.12, Jul 39.66 +0.12

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

Soybeans   :   Sep 3894 +6, Jan 3973 +22, May 4002 +30

Soyoil           Sep 7634 +6, Jan 7840 +32

Palm Oil     :   Sep 6922 +24, Jan 6930 +50

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

ITS      724,499           vs        873,931           -17.1%

SGS    767,251           vs        844,474           -9.1%

 

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

May 2010             2508     -12          2508           2503                      9 lots

Jun 2010              2498     -10          2501           2490                  410 lots

Jul 2010               2489     -9            2493           2481                2214 lots

 

 

 

Volume at 12.30 p.m :    2,766 lots in the morning session

The open interest on the MDEX as at 20/04/10 is 67,525 lots (67,796 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      May 812.50/800, Jun 807.50/797.50, JAS 802.50/795

RBDP Oil fob PK/PGG   :       May 807.50

RBDP Stearin    :      May 810 PK/PGG

PFAD    :                   May 680 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  MJ 775/770, JAS 775/767.50, OND 772.50/762.50

Local Crude Palm Oil :   South – May RM 2510/2599

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.