Asia Mid-Day Market Report - Wednesday, July 7th 2010
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Asian Currencies & Euro to US$ at our mid-day (previous day's figures in brackets)
Sin Dollar 1.3914 (1.3921), Mal Ringgit 3.2115 (3.217), Indo Rupiah 9070 (9073), Euro: USD1.2587 (USD1.2544), Indian Rupee 47.05 (46.79) Thai Baht 32.40 (32.28), Phil Pesos 46.495 (46.50), Japanese Yen 87.45 (87.61), Chinese Yuan 6.778 (6.7773)
Asian Stock Exchanges at mid-day - Dow Jones closed up 57.14 to 9,743.62 pts.
STI 2,869.24 up 1.22, KLCI 1,305.48 down 1.6, JKT Composite Index 2,899.10 down 11.55, Hang Seng Index : 19,839.55 down 244.57 , Nikkei 225 : 9,245.88 down 92.16
Petroleum Oil Prices
In US closing Light Sweet Crude for August was down USD0.81 to USD72.14 per barrel.
In Asian trading hours midday August was down USD0.04 to USD71.94 per barrel.
CBOT closing yesterday :
Soybeans : Aug 940.50 -4, Sep 912.50 -3.75, Nov 900 -5.75
Soyoil : Jul 35.84 -0.17, Aug 35.99 -0.02, Sep 36.13 -0.18
Mid-day E-CBOT :
Soybeans : Aug 946 +5.5, Sep 917.25 +4.75
Soyoil : Aug 36.26 +0.27, Sep 36.42 +0.29
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : Sep 3756 +11, Jan 3813 +9, May 3832 +17
Soyoil : Sep 7150 +24, Jan 7336 +30, May 7304 +4
Palm Oil : Sep 6242 -8, Jan 6214 +18
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 2395 -3 2398 2390 68 lots
Aug 2010 2326 -4 2334 2321 724 lots
Sep 2010 2290 -11 2303 2289 4125 lots
Volume at 12.30 p.m : 6,293 lots at the close
The open interest on the MDEX as at 06/07/10 is 74,304 lots (73,253 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob PK/PGG : Aug 767.50/762.50, Sep 755/750, OND 742.50/737.50, tdd Sep 752.50
RBDP Oil fob PK/PGG : Aug 762.50
RBDP Stearin : Jul 760 PK/PGG
PFAD : Jul 615 fob PK/PGG
CPO - FOB Belawan/Dumai : Jul 742.50/735, Aug 735/725, Sep 725/715
Local Crude Palm Oil : South – Jul RM 2400/2380
Local CPKO : South – Jul RM 202 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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Posted at 10:19PM Jul 06, 2010 by MarketReports admin in Asia Mid-Day |