Asia Mid-Day Market Report - Thursday, September 2nd 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.
Asian Currencies & Euro to US$ at our mid-day (previous day's figures in brackets)
Sin Dollar 1.3482 (1.359), Mal Ringgit 3.13 (3.1405), Indo Rupiah 9007 (8962), Euro: USD1.279 (USD1.2648), Indian Rupee 46.81 (46.88) Thai Baht 31.02 (31.45), Phil Pesos 45.05 (45.24), Japanese Yen 84.16 (84.25), Chinese Yuan 6.8111 (6.7986)
Asian Stock Exchanges at mid-day - Dow Jones closed up 254.75 to 10,269.47 pts.
STI 2,991.63 up 8.8, KLCI 1,434.61 up 2.65 , JKT Composite Index 3,122.06 down 13.26, Hang Seng Index : 20,886.11 up 262.28 , Nikkei 225 : 8,985.58 up 58.56
NYMEX Petroleum Oil Prices
In US closing Light Sweet Crude for Oct was up USD1.99 at USD73.91 per barrel.
In Asian trading hours midday Oct was up USD0.46 to USD72.38 per barrel.
Closing CBOT Prices yesterday:
Soybeans : Sep 1004.50 -3.5, Nov 1005.50 -4.5, Jan 1015 -4.25
Soyoil : Sep 39.55 +0.07, Oct 39.73 +0.07, Dec 40.12 +0.07
Mid-day E-CBOT :
Soybeans : Sep 1011.75 +3.75, Nov 1011.25 +1.25, Jan 1020.75 +1.5
Soyoil : Sep 39.66 +0.18, Oct 39.76 +0.1, Dec 40.18 +0.13
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : Jan 3868 -2, May 3999 -2, Sep 4024 +7
Soyoil : Jan 7952 +16, May 8034 +16
Palm Oil : Jan 7000 +14, May 7208 +18
1-31 days August Palm Exports vs July 2010 (pmt) :
ITS 1,219,886 vs 1,412,300 -13.62%
SGS 1,152,411 vs 1,402,317 -18%
MDEX as at the morning close :
Month Last High Low Volume
Sep 2010 2695 +0 2695 2675 543 lots
Oct 2010 2585 -5 2595 2584 1174 lots
Nov 2010 2533 -2 2547 2529 2577 lots
Volume at 12.30 p.m : 5,258 lots at the close
The open interest on the MDEX as at 01/09/10 is 66,548 lots (66,585 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob PK/PGG : Sep 915, Oct 885/875, ND 845/840, JFM 840/835
Traded – ND 845+842.50, JFM 837.50
RBDP Oil fob PK/PGG : Sep 905
RBDP Stearin : Sep 860 PK/PGG
PFAD : Sep 655 fob PK/PGG
CPO - FOB Belawan/Dumai : Sep 865/855, Oct 835/825, ND 815/802.50
Local Crude Palm Oil : South – Sep RM 2700
Local CPKO : South – Sep RM 213 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 09:40PM Sep 01, 2010 by MarketReports admin in Asia Mid-Day |