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Tuesday Apr 27, 2010



Asia Mid-Day Market Report - Wednesday, April 28th 2010


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

Sin Dollar 1.3717 (1.3668), Mal Ringgit 3.198 (3.179), Indo Rupiah 9017 (9000), Euro: USD1.3207 (USD1.3384) Indian Rupee 44.555 (44.39) Thai Baht 32.25 (32.21) Phil Pesos 44.43 (44.29) Japanese Yen 93.21 (93.90), Chinese Yuan 6.8267 (6.8271)

Asian Stock Exchanges at mid-day - Dow Jones closed down 213.04 to 10,991.99 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 USD1.76 to USD82.44 per barrel.

In Asian trading hours midday Jun was down USD0.21 to USD82.23 per barrel.

CBOT closing yesterday :

Soybeans   :   May 982.80 -16, Jul 993 -16, Aug 989.80 -15.75

Soyoil  :  May 39.12 -0.17, Jul 39.56 -0.18, Aug 39.76 -0.17

Mid-day E-CBOT :

Soybeans   :   May 985.50 +2.75, Jul 995.75 +2.75

Soyoil  :  May 39.08 -0.04, Jul 39.50 -0.06

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

Soybeans   :   Sep 3873 -21, Jan 3945 -24, May 4033 -22

Soyoil           Sep 7640 -64, Jan 7880 -56

Palm Oil     :   Sep 6962 -48, Jan 6990 -46

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             2566     +8           2566           2550                    43 lots

Jun 2010              2552     -10          2562           2540                  529 lots

Jul 2010               2543     -7            2553           2529                2454 lots

 

 

 

Volume at 12.30 p.m :    3,398 lots in the morning session

The open interest on the MDEX as at 27/04/10 is 63,531 lots (66,735 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 815/812.50, tdd JAS 817.50

RBDP Oil fob PK/PGG   :       May 822.50

RBDP Stearin    :      May 820 PK/PGG

PFAD    :                   May 680 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 2570/2550

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.