Asia Mid-Day Market Report - Wednesday, July 14th 2010
This report is the property of GateTrade. The scanning, uploading and distributing of this report via the internet or any other means without the permission of GateTrade is illegal and punishable by law.
Asia Closing Report is posted under "Member-Only Reports". Please login to view the report.
Asian Currencies & Euro to US$ at our mid-day (previous day's figures in brackets)
Sin Dollar 1.3756 (1.3821), Mal Ringgit 3.194 (3.204), Indo Rupiah 9040 (9048), Euro: USD1.272 (USD1.259), Indian Rupee 46.63 (46.875) Thai Baht 32.35 (32.27), Phil Pesos 46.33 (46.25), Japanese Yen 88.97 (88.58), Chinese Yuan 6.772 (6.7705)
Asian Stock Exchanges at mid-day - Dow Jones closed up 146.75 to 10,363.02 pts.
STI 2,945.08 up 16.35, KLCI 1,340.47 up 7.6, JKT Composite Index 2,986.39 up 24.88, Hang Seng Index : 20,640.68 up 209.62 , Nikkei 225 : 9,781.86 up 244.63
Petroleum Oil Prices
In US closing Light Sweet Crude for August was up USD2.20 to USD77.15 per barrel.
In Asian trading hours midday August was down USD0.27 to USD76.88 per barrel.
CBOT closing yesterday :
Soybeans : Aug 995 -2.75, Sep 967 +0.5, Nov 954.50 +3.5
Soyoil : Aug 38.02 +0.41, Sep 38.18 +0.42, Oct 38.39 +0.43
Mid-day E-CBOT :
Soybeans : Aug 995 -0.75, Sep 965 -2, Nov 954.75 +0.25
Soyoil : Aug 37.93 -0.09, Sep 38.07 -0.11, Oct 38.30 -0.09
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : Jan 3844 +0, May 3870 +4, Sep 3869 -1
Soyoil : Sep 7252 +28, Jan 7470 +28, May 7422 +18
Palm Oil : Sep 6318 +10, Jan 6390 +36
1-10 days July Palm Exports vs June 2010 (pmt) :
ITS 474,928 vs 435,148 +9.1%
SGS 460,343 vs 423,199 +8.8%
MDEX as at the morning close :
Month Last High Low Volume
Aug 2010 2419 +24 2419 2400 331 lots
Sep 2010 2373 +20 2374 2357 2837 lots
Oct 2010 2356 +21 2356 2340 991 lots
Volume at 12.30 p.m : 4,779 lots at the close
The open interest on the MDEX as at 13/07/10 is 72,521 lots (72,201 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob PK/PGG : Aug 790/780, Sep 777.50/770, OND 767.50/760, tdd OND 762.50
RBDP Oil fob PK/PGG : Aug 785
RBDP Stearin : Aug 770 PK/PGG
PFAD : Aug 615 fob PK/PGG
CPO - FOB Belawan/Dumai : Aug 757.50/752.50, Sep 745/737.50, OND 737.50/730, tdd Aug 755
Local Crude Palm Oil : South – Jul RM 2450/2440
Local CPKO : South – Aug RM 204 per pikul
GateTrade Exclusive Reports are available to paid members for a monthly fee of USD50.00. Interested party can logon to GateTrade’s website at www.gatetrade.com to register and pay by credit card. After logon click Subscriptions under "Market Reports" and follow the instructions.
There will be 7 reports for the month - 4 technical reports on BMD CPO Futures and 3 Malaysian Palm Oil Supply & Demand Forecast.
Please join our over 1500 members from 106 countries have registered for trading Palm Oil, Coconut Oil and Biodiesel on GateTrade. Please register at www.gatetrade.com to start trading. Registration is free. Only members will be able to post buy/sell positions and to view trades.
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.
Posted at 09:49PM Jul 13, 2010 by MarketReports admin in Asia Mid-Day |