Asia Mid-Day Market Report - Friday, September 3rd 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 1.3465 (1.3482), Mal Ringgit 3.121 (3.13), Indo Rupiah 8997 (9007), Euro: USD1.2819 (USD1.279), Indian Rupee 46.67 (46.81) Thai Baht 31.00 (31.02), Phil Pesos 44.785 (45.05), Japanese Yen 84.29 (84.16), Chinese Yuan 6.8029 (6.8111)
Asian Stock Exchanges at mid-day - Dow Jones closed up 50.63 to 10,320.10 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 USD1.11 at USD75.02 per barrel.
In Asian trading hours midday Oct was down USD0.29 to USD74.73 per barrel.
Closing CBOT Prices yesterday:
Soybeans : Sep 1007.50 +3, Nov 1009 +3.5, Jan 1018.50 +3.5
Soyoil : Sep 39.66 +0.11, Oct 39.82 +0.09, Dec 40.20 +0.08
Mid-day E-CBOT :
Soybeans : Sep 1013.75 +6.25, Nov 1014.75 +5.75, Jan 1025 +6.5
Soyoil : Oct 40.04 +0.22, Dec 40.40 +0.2, Jan 40.73 +0.24
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : Jan 3883 +16, May 4017 +21, Sep 4042 +16
Soyoil : Jan 7952 +16, May 8034 +16
Palm Oil : Jan 7054 +52, May 7266 +60
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 +5 2698 2695 380 lots
Oct 2010 2604 +11 2610 2602 423 lots
Nov 2010 2556 +14 2566 2546 3119 lots
Volume at 12.30 p.m : 4,753 lots at the close
The open interest on the MDEX as at 02/09/10 is 69,764 lots (66,548 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob PK/PGG : Sep 920, Oct 892.50/885, ND 855/845, JFM 845/840
RBDP Oil fob PK/PGG : Sep 910
RBDP Stearin : Sep 865 PK/PGG
PFAD : Sep 660 fob PK/PGG
CPO - FOB Belawan/Dumai : Sep 865/857.50, Oct 837.50/830, ND 817.50/805
Local Crude Palm Oil : South – Sep RM 2720
Local CPKO : South – Sep RM 214 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 09:35PM Sep 02, 2010 by MarketReports admin in Asia Mid-Day |

