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Monday Apr 26, 2010



Asia Mid-Day Market Report - Tuesday, April 27th 2010


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

Sin Dollar 1.3668 (1.3675), Mal Ringgit 3.179 (3.1745), Indo Rupiah 9000 (9004), Euro: USD1.3384 (USD1.3368) Indian Rupee 44.39 (44.347) Thai Baht 32.21 (32.18) Phil Pesos 44.29 (44.28) Japanese Yen 93.90 (94.20), Chinese Yuan 6.8271 (6.8282)

Asian Stock Exchanges at mid-day - Dow Jones closed up 0.75 to 11,205.03 points.

STI 2,985.56 down 17.06 ,  KLCI 1,338.56 down 1.51,  JKT Composite Index  2,940.44 down 4.27,  Hang Seng Index : 21,371.87 down 215.19 ,  Nikkei 225 :  11,201.87 up 36.08

Petroleum Oil Prices   

In US closing Light Sweet Crude for Jun was down USD0.92 to USD84.20 per barrel.

In Asian trading hours midday Jun was down USD0.33 to USD83.87 per barrel.

CBOT closing yesterday :

Soybeans   :   May 998.80 -1.25, Jul 1009 -1, Aug 1005.50 -1.5

Soyoil  :  May 39.29 -0.06, Jul 39.74 -0.12, Aug 39.93 -0.13

Mid-day E-CBOT :

Soybeans   :   May 1000 +1.25, Jul 1010.25 +1.25

Soyoil  :  May 39.47 +0.18, Jul 39.93 +0.19

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

Soybeans   :   Sep 3895 -15, Jan 3972 -21 May 4059 -18

Soyoil           Sep 7718 +4, Jan 7962 +6

Palm Oil     :   Sep 7026 +30, Jan 7056 +20

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

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

SGS    1,014,176        vs        1,125,412        -9.88%

 

 

MDEX as at the morning close : 

Month                      Last                High           Low                Volume       

May 2010             2572     -3            2572           2568                    15 lots

Jun 2010              2557     -11          2563           2553                  294 lots

Jul 2010               2550     -10          2556           2542                2933 lots

 

 

 

Volume at 12.30 p.m :    3,976 lots in the morning session

The open interest on the MDEX as at 26/04/10 is 66,735 lots (68,733 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      May 827.50/822.50, Jun 825/820, JAS 820/815, OND 817.50/810

RBDP Oil fob PK/PGG   :       May 822.50

RBDP Stearin    :      May 822.50 PK/PGG

PFAD    :                   May 685 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  MJ 797.50/790, JAS 797.50/790, OND 792.50/782.50

Local Crude Palm Oil :   South – May RM 2570/2560

Local CPKO :                 South – May  RM 194 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.