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Thursday Jul 08, 2010



Asia Mid-Day Market Report - Friday, July 9th 2010


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

Sin Dollar 1.3874 (1.383), Mal Ringgit 3.196 (3.201), Indo Rupiah 9050 (9065), Euro: USD1.2684 (USD1.265), Indian Rupee 46.735 (46.85) Thai Baht 32.24 (32.35), Phil Pesos 46.43 (46.355), Japanese Yen 88.66 (88.29), Chinese Yuan 6.7755 (6.7755)

Asian Stock Exchanges at mid-day - Dow Jones closed up 274.66 to 10,018.28 pts.

STI 2,895.75 up 34.72,  KLCI 1,313.32 up 1.57,  JKT Composite Index  2,916.01 up 13.97,  Hang Seng Index : 20,148.36 up 291.29 ,  Nikkei 225 :  9,508.63 up 228.98

Petroleum Oil Prices   

In US closing Light Sweet Crude for August was up USD2.09 to USD74.07 per barrel.

In Asian trading hours midday August was up USD0.37 to USD75.81 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 983 +15.25, Sep 957.50 +16.5, Nov 946 +13.5

Soyoil  :  Aug 36.99 +0.03, Sep 37.13 +0.01, Oct 37.30 unch

Mid-day E-CBOT :

Soybeans   :   Aug 979.50 -3.5, Sep 953 -4.5, Nov 940.75 -5.25

Soyoil  :  Aug 36.96 -0.03, Sep 37.12 -0.01, Oct 37.31 +0.01

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

Soybeans   :   Sep 3775 +5, Jan 3849 +1, May 3880 +6

Soyoil           Sep 7212 +12, Jan 7428 +24, May 7380 +32

Palm Oil     :   Sep 6304 +2, Jan 6328 +42

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              2437    +17             2440           2425                  108 lots

Aug 2010            2362    +32             2366           2338                  813 lots

Sep 2010            2317    +28             2320           2293                5345 lots

 

Volume at 12.30 p.m :   9,053 lots at the close

The open interest on the MDEX as at 08/07/10 is 72,569 lots (74,093 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      Aug 772.50/765, Sep 757.50/750, OND 750/745, JFM 747.50/742.50, tdd OND 747.50

RBDP Oil fob PK/PGG   :       Aug 767.50

RBDP Stearin    :      Jul 765 PK/PGG

PFAD    :                   Jul 615 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Aug 737.50/732.50, Sep 725/717.50, OND 717.50/710

Local Crude Palm Oil :   South – Jul RM 2440/2420

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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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.