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Sunday Apr 25, 2010



Asia Mid-Day Market Report - Monday, April 26th 2010


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

Sin Dollar 1.3675 (1.3728), Mal Ringgit 3.1745 (3.2025), Indo Rupiah 9004 (9010), Euro: USD1.3368 (USD1.3236) Indian Rupee 44.347 (44.555) Thai Baht 32.18 (32.26) Phil Pesos 44.28 (44.45) Japanese Yen 94.20 (93.39), Chinese Yuan 6.8282 (6.8265)

Asian Stock Exchanges at mid-day - Dow Jones closed up 69.99 to 11,204.28 points.

STI 3,002.89 up 14.4 ,  KLCI 1,337.68 up 0.9,  JKT Composite Index  2,947.08 up 22.35,  Hang Seng Index : 21,589.75 up 345.26 ,  Nikkei 225 :  11,152.32 up 237.86

Petroleum Oil Prices   

In US closing Light Sweet Crude for Jun was up USD1.42 to USD85.12 per barrel.

In Asian trading hours midday Jun was up USD0.35 to USD85.47 per barrel.

CBOT closing yesterday :

Soybeans   :   May 1000 -4.25, Jul 1010 -5, Aug 1007 -4.75

Soyoil  :  May 39.35 +0.26, Jul 39.86 +0.32, Aug 40.06 +0.32

Mid-day E-CBOT :

Soybeans   :   May 1009 +9, Jul 1019 +9

Soyoil  :  May 39.70 +0.35, Jul 40.12 +0.26

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

Soybeans   :   Sep 3911 +2, Jan 3995 +0, May 4080 +22

Soyoil           Sep 7718 +32, Jan 7968 +36

Palm Oil     :   Sep 7004 +54, Jan 7054 +60

1-25 days April Palm Exports vs March 2010 (pmt) :

ITS      947,304           vs        1,114,035        -14.97%

 

 

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

May 2010             2575     +14         2578           2573                    64 lots

Jun 2010              2565     +13         2577           2550                1065 lots

Jul 2010               2556     +16         2568           2538                3593 lots

 

 

 

Volume at 12.30 p.m :    5,566 lots in the morning session

The open interest on the MDEX as at 24/04/10 is 68,733 lots (67,455 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      May 830/825, Jun 827.50/820, JAS 825/820, OND 820/815, tdd May 825, JAS 820

RBDP Oil fob PK/PGG   :       May 825

RBDP Stearin    :      May 825 PK/PGG

PFAD    :                   May 690 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  MJ 800/790, JAS 797.50/792.50

Local Crude Palm Oil :   South – May RM 2580/2560

Local CPKO :                 South – May  RM 195 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.