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Wednesday Jul 14, 2010



Asia Mid-Day Market Report - Thursday, July 15th 2010


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

Sin Dollar 1.3747 (1.3756), Mal Ringgit 3.202 (3.194), Indo Rupiah 9045 (9040), Euro: USD1.274 (USD1.272), Indian Rupee 46.72 (46.63) Thai Baht 32.19 (32.35), Phil Pesos 46.32 (46.33), Japanese Yen 88.08 (88.97), Chinese Yuan 6.7975 (6.772)

Asian Stock Exchanges at mid-day - Dow Jones closed up 3.7 to 10,366.72 pts.

STI 2,949.85 down 2.96,  KLCI 1,334.71 down 6.37,  JKT Composite Index  2,983.63 up 2.57,  Hang Seng Index : 20,503.23 down 57.58 ,  Nikkei 225 :  9,694.66 down 100.58

Petroleum Oil Prices   

In US closing Light Sweet Crude for August was down USD0.11 to USD77.04 per barrel.

In Asian trading hours midday August was down USD0.16 to USD76.88 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 997.50 +2.5, Sep 975.30 +8.25, Nov 962 +7.5

Soyoil  :  Aug 38.11 +0.09, Sep 38.28 +0.1, Oct 38.48 +0.09

Mid-day E-CBOT :

Soybeans   :   Aug 996.25 -1.25, Sep 976 +0.75, Nov 963.75 +1.75

Soyoil  :  Aug 38.02 -0.09, Sep 38.20 -0.08, Oct 38.30 -0.18

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

Soybeans   :   Jan 3861 +18, May 3898 +28, Sep 3896 +27

Soyoil           Sep 7262 +14, Jan 7488 +16, May 7438 +14

Palm Oil     :   Sep 6320 +6, Jan 6408 +14

1-15 days July Palm Exports vs June 2010 (pmt) :

ITS      668,573           vs        600,921           +11.26%

SGS    708,384           vs        608,324           +16

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

Aug 2010            2438    +15             2462           2428                1356 lots

Sep 2010            2395    +14             2418           2378                5639 lots

Oct 2010             2375    +12             2396           2353                2639 lots

 

Volume at 12.30 p.m :   11,133 lots at the close

The open interest on the MDEX as at 14/07/10 is 71,380 lots (72,521 lots on previous day) - one lot = 25 metric tons

 

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      Aug 795/785, Sep 780/775, OND 775/767.50, tdd Sep 780, OND 770

RBDP Oil fob PK/PGG   :       Aug 790

RBDP Stearin    :      Aug 770 PK/PGG

PFAD    :                   Aug 615 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Aug 762.50/757.50, Sep 750/745, OND 745/740

Local Crude Palm Oil :   South – Jul RM 2460/2450

Local CPKO :                 South – Aug  RM 204 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.