GateTrade

Free Reports

   
Thursday Jul 15, 2010



Asia Mid-Day Market Report - Friday, July 16th 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 1.3749 (1.3747), Mal Ringgit 3.205 (3.202), Indo Rupiah 9042 (9045), Euro: USD1.2923 (USD1.274), Indian Rupee 46.70 (46.72) Thai Baht 32.12 (32.19), Phil Pesos 46.30 (46.32), Japanese Yen 87.00 (88.08), Chinese Yuan 6.7741 (6.7975)

Asian Stock Exchanges at mid-day - Dow Jones closed down 7.41 to 10,359.31 pts.

STI 2,949.32 up 5.77,  KLCI 1,335.70 up 1.62,  JKT Composite Index  2,977.08 down 3.52,  Hang Seng Index : 20,41.29 down 14.33 ,  Nikkei 225 :  9,464.01 down 221.52

Petroleum Oil Prices   

In US closing Light Sweet Crude for August was down USD0.42 to USD76.62 per barrel.

In Asian trading hours midday August was down USD0.13 to USD76.49 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 1019 +21.5, Sep 1001 +25.75, Nov 988 +26

Soyoil  :  Aug 38.59 +0.48, Sep 38.78 +0.5, Oct 38.97 +0.49

Mid-day E-CBOT :

Soybeans   :   Aug 1018 -1, Sep 1000.25 -0.75, Nov 987.50 -0.5

Soyoil  :  Aug 38.41 -0.18, Sep 38.60 -0.18, Oct 38.95 -0.02

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

Soybeans   :   Jan 3880 +23, May 3937 +43, Sep 3933 +45

Soyoil           Sep 7342 +84, Jan 7560 +78, May 7522 +90

Palm Oil     :   Sep 6382 +62, Jan 6504 +96

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            2503    +44             2505           2465                  510 lots

Sep 2010            2472    +33             2480           2435                4747 lots

Oct 2010             2455    +44             2460           2417                6603 lots

 

Volume at 12.30 p.m :   12,870 lots at the close

The open interest on the MDEX as at 15/07/10 is 69,473 lots (71,380 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      Aug 812.50/807.50, Sep 802.50/797.50, OND 795/790, tdd Sep 810, OND 787.50+790

RBDP Oil fob PK/PGG   :       Aug 807.50

RBDP Stearin    :      Aug 790 PK/PGG

PFAD    :                   Aug 620 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Aug 780/772.50, Sep 775/765, OND 765/757.50

Local Crude Palm Oil :   South – Jul RM 2510/2490

Local CPKO :                 South – Jul  RM 205 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.