Asia Mid-Day Market Report - Thursday, April 22nd 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 1.3721 (1.3720), Mal Ringgit 3.199 (3.192), Indo Rupiah 9017 (9007), Euro: USD1.3392 (USD1.3407) Indian Rupee 44.475 (44.425) Thai Baht 32.17 (32.03) Phil Pesos 44.48 (44.61) Japanese Yen 92.81 (93.16), Chinese Yuan 6.8269 (6.8257)
Asian Stock Exchanges at mid-day - Dow Jones closed up 7.86 to 11,124.92 points.
STI 2,966.77 down 0.93 , KLCI 1,332.86 down 0.78, JKT Composite Index 2,892.58 down 20.25, Hang Seng Index : 21,365.26 down 145.67 , Nikkei 225 : 10,956.62 down 133.43
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 down USD0.11 to USD83.57 per barrel.
CBOT closing yesterday :
Soybeans : May 995.50 +11.5, Jul 1006 +12, Aug 1001.80 +12.5
Soyoil : May 38.90 -0.17, Jul 39.36 -0.18, Aug 39.55 -0.19
Mid-day E-CBOT :
Soybeans : May 995.25 -0.25, Jul 1005.50 -0.5
Soyoil : May 39.08 +0.18, Jul 39.53 +0.17
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : Sep 3903 +10, Jan 3988 +19, May 4028 +35
Soyoil : Sep 7644 +8, Jan 7862 +30
Palm Oil : Sep 6912 -8, Jan 6926 +6
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 2499 +3 2500 2494 122 lots
Jun 2010 2490 +7 2492 2478 743 lots
Jul 2010 2483 +12 2483 2467 1686 lots
Volume at 12.30 p.m : 2,567 lots in the morning session
The open interest on the MDEX as at 21/04/10 is 66,281 lots (67,525 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob PK/PGG : May 807.50/802.50, Jun 805/800, JAS 802.50/797.50
RBDP Oil fob PK/PGG : May 802.50
RBDP Stearin : May 807.50 PK/PGG
PFAD : May 675 fob PK/PGG
CPO - FOB Belawan/Dumai : MJ 775/770, JAS 775/767.50, OND 772.50/767.50
Local Crude Palm Oil : South – May RM 2500/2480
Local CPKO : South – May RM 190 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 10:37PM Apr 21, 2010 by MarketReports admin in Asia Mid-Day |

