GateTrade

Free Reports

   
Thursday Sep 30, 2010



Asia Mid-Day Market Report - Friday, October 1st 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 1.3148 (1.3159), Mal Ringgit 3.085 (3.0855), Indo Rupiah 8920 (8930), Euro: USD1.3665 (USD1.3601), Indian Rupee 44.73 (44.94) Thai Baht 30.07 (30.25), Phil Pesos 43.862 (43.92), Japanese Yen 83.42 (83.52), Chinese Yuan 6.6905 (6.6915)

Asian Stock Exchanges at mid-day - Dow Jones closed down 47.23 to 10,788.05 pts.

STI 3,110.18 up 12.55,  KLCI 1,464.96 up 1.46,  JKT Composite Index  3,526.54 up 25.24,  Hang Seng Index : 22,358.17 down 20.50 ,  Nikkei 225 :  9,410.22 up 40.87

NYMEX Petroleum Oil Prices   

In US closing Light Sweet Crude for Nov was up USD2.11 at USD79.97 per barrel.

In Asian trading hours midday Nov was up USD0.31 to USD80.28 per barrel.

Closing CBOT Prices yesterday:

Soybeans   :   Nov 1106.80 +7.75, Jan 1115.80 +7.75, Mar 1122.80 +7.25

Soyoil  :  Oct 44.70 +0.64, Dec 45.09 +0.65, Jan 45.39 +0.64

Mid-day E-CBOT :

Soybeans   :   Nov 1101.75 -5, Jan 1111 -4.75, Mar 1118.25 -4.5

Soyoil  :  Dec 45.00 -0.09, Jan 45.28 -0.11, Mar 45.45 -0.15

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

Soybeans   :   May 4124 +1, Sep 4164 -6

Soyoil           Jan 8458 +22, May 8598 +24

Palm Oil     :   Jan 7552 +48, May 7746 +60

1-30 days September Palm Exports vs August 2010 (pmt) :

ITS      1,479,602        vs        1,219,886        +21.29%

SGS    1,497,138        vs        1,152,411        +29.91%

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

Oct 2010              2756     +19       2756           2756                      1 lots

Nov 2010             2713     -10        2743           2708                  616 lots

Dec 2010             2719     -11        2750           2708                4807 lots

 

Volume at 12.30 p.m :   6,283 lots at the close

The open interest on the MDEX as at 30/09/10 is 68,718 lots (66,946 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      Oct 930, ND 922.50/915, JFM 917.50/912.50

RBDP Oil fob PK/PGG   :       Oct 920

RBDP Stearin    :      Oct 905 PK/PGG

PFAD    :                   Nov 720 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Oct 887.50/880, ND 885/877.50, JFM 885/877.50

Local Crude Palm Oil :   South – Oct RM 2750

Local Crude PKO:    Oct RM 245 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.