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Wednesday Jun 30, 2010



Asia Mid-Day Market Report - Thursday, July 1st 2010


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

Sin Dollar 1.3998 (1.3996), Mal Ringgit 3.25 (3.254), Indo Rupiah 9075 (9065), Euro: USD1.2217 (USD1.2213), Indian Rupee 46.73 (46.59) Thai Baht 32.33 (32.34), Phil Pesos 46.61 (46.43), Japanese Yen 88.23 (88.54), Chinese Yuan 6.7827 (6.7917)

Asian Stock Exchanges at mid-day - Dow Jones closed down 96.28 to 9,774.02 pts.

STI 2,820.74 down 14.77,  KLCI 1,309.21 down 4.81 ,  JKT Composite Index  2,887.75 down 25.93,  Hang Seng Index : 20,128.99 down 119.91 ,  Nikkei 225 :  9,185.74 down 196.90

Petroleum Oil Prices   

In US closing Light Sweet Crude for August was down USD0.31 to USD75.63 per barrel.

In Asian trading hours midday August was down USD0.69 to USD74.94 per barrel.

CBOT closing yesterday :

Soybeans   :   Jul 948.50 +1.25, Aug 931 -0.5, Sep 912 -7

Soyoil  :  Jul 36.28 +0.35, Aug 36.45 +0.35, Sep 36.60 +0.35

Mid-day E-CBOT :

Soybeans   :   Jul 953.50 +5, Aug 936.25 +5.25, Sep 917.25 +5.25

Soyoil  :  Jul 36.29 +0.01, Aug 36.45 -0.01, Sep 36.63 +0.03

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

Soybeans   :   Sep 3739 +13, Jan 3820 -1, May 3817 +0

Soyoil           Sep 7230 +12, Jan 7422 +14

Palm Oil     :   Sep 6378 +2, Jan 6344 +14

1-30 days June Palm Exports vs May 2010 (pmt) :

ITS      1,352,603        vs        1,332,026        +1.54%

SGS    1,339,478        vs        1,323,465        +1.2%

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

Jul 2010              2425    +0           2427           2423                  105 lots

Aug 2010            2389    -3            2398           2386                  581 lots

Sep 2010            2365    -8            2370           2361                1117 lots

 

Volume at 12.30 p.m :   2,556 lots at the close

The open interest on the MDEX as at 30/06/10 is 72,242 lots (74,789 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      Jul 790/785, Aug 775/770, Sep 765/760, OND 755.750

RBDP Oil fob PK/PGG   :       Jul 785

RBDP Stearin    :      Jul 765 PK/PGG

PFAD    :                   Jul 625 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Jul 752.50, Aug 742.50/735, Sep 735/727.50

Local Crude Palm Oil :   South – Jul RM 2450/2440

Local CPKO :                 South – Jul  RM 203 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.