GateTrade

Free Reports

   
Friday Sep 03, 2010



Asia Closing 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 and Euro to US$ at our close 

Sin Dollar 1.3463 (1.3461), Mal Ringgit 3.12 (3.125), Indo Rupiah 8990 (9001), Euro: USD1.2842 (USD1.282), Indian Rupee 46.635 (46.75) Thai Baht 31.01 (31.15), Phil Pesos 44.60 (44.86), Japanese Yen 84.46 (84.17), Chinese Yuan 6.8019 (6.808)

Asian Stock Exchanges at our close:

STI 3,002.56 up 15.90,  KLCI 1,435.67 down 5.4,  JKT Composite Index  3,160.78 up 38.63,  Hang Seng Index : 20,971.50 up 102.58 ,  Nikkei 225 :  9,114.13 up 51.29

NYMEX Petroleum Oil Prices           

In Asian trading hours, Light Sweet Crude for Oct was down USD0.22 at USD74.80 per barrel.  

E-CBOT Prices at our close:

Soybeans   :   Sep 1018.50 +11, Nov 1016 +7, Jan 1025.25 +6.75

Soyoil  :  Oct 40.03 +0.21, Dec 40.43 +0.23, Jan 40.71 +0.22

Closing of The Dalian Commodity Exchange - one lot equals to 10 metric tons

Soybeans   :   Jan 3895 +28, May 4033 +37, Sep 4067 +41

Soyoil           Jan 8050 +98, May 8142 +112

Palm Oil     :   Jan 7110 +108, May 7306 +100

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 close :

Month                      Last                High           Low            Volume

Sep 2010            2695    +5            2700           2692                 654 lots

Oct 2010             2624    +31          2631           2602               1035 lots

Nov 2010            2570    +28          2574           2546               6589 lots

Volume at 6.00 p.m :   10,997 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 897.50/890, ND 857.50/852.50, JFM 850/845, tdd ND 855+857.50, JFM 845+847.50+850

RBDP Oil fob PK/PGG   :       Sep 910

RBDP Stearin    :      Sep 865 PK/PGG

PFAD    :                   Sep 655 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Sep 867.50/857.50, Oct 840/835, ND 820/815

Local Crude Palm Oil :   South – Sep RM 2720

Local CPKO :                 South – Sep  215

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.