GateTrade

Free Reports

   
Thursday Apr 22, 2010



Asia Mid-Day Market Report - Friday, April 23rd 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 1.3728 (1.3721), Mal Ringgit 3.2025 (3.199), Indo Rupiah 9010 (9017), Euro: USD1.3236 (USD1.3392) Indian Rupee 44.555 (44.475) Thai Baht 32.26 (32.17) Phil Pesos 44.45 (44.48) Japanese Yen 93.39 (92.81), Chinese Yuan 6.8265 (6.8269)

Asian Stock Exchanges at mid-day - Dow Jones closed up 9.37 to 11,134.29 points.

STI 2,973.63 down 7.06 ,  KLCI 1,335.93 down 1.08,  JKT Composite Index  2,914.22 down 12.31,  Hang Seng Index : 21,288.90 down 166.04 ,  Nikkei 225 :  10,915.61 down 33.48

Petroleum Oil Prices   

In US closing Light Sweet Crude for Jun was up USD0.02 to USD83.70 per barrel.

In Asian trading hours midday Jun was down USD0.16 to USD83.54 per barrel.

CBOT closing yesterday :

Soybeans   :   May 1004.30 +8.75, Jul 1015 +9, Aug 1011.80 +10

Soyoil  :  May 39.09 +0.19, Jul 39.54 +0.18, Aug 39.74 +0.19

Mid-day E-CBOT :

Soybeans   :   May 1003.75 -0.5, Jul 1014 -1

Soyoil  :  May 39.28 +0.19, Jul 39.76 +0.2

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

Soybeans   :   Sep 3909 +8, Jan 3996 +11, May 4068 +50

Soyoil           Sep 7698 +58, Jan 7938 +86

Palm Oil     :   Sep 6962 +54, Jan 6998 +78

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             2543     +28         2549           2525                  725 lots

Jun 2010              2536     +35         2538           2505                1351 lots

Jul 2010               2528     +38         2530           2503                3655 lots

 

 

 

Volume at 12.30 p.m :    6,799 lots in the morning session

The open interest on the MDEX as at 23/04/10 is 67,455 lots (66,281 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      May 815/810, Jun 815, JAS 810/805, OND 807.50/802.50, tdd JAS 807.50, OND 800+805

RBDP Oil fob PK/PGG   :       May 810

RBDP Stearin    :      May 812.50 PK/PGG

PFAD    :                   May 680 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  MJ 790, JAS 785, OND 782.50

Local Crude Palm Oil :   South – May RM 2540/2530

Local CPKO :                 South – May  RM 192 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.