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Monday Aug 30, 2010



Asia Closing Market Report - Monday, August 30th 2010


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Asian Currencies and Euro to US$ at our close 

Sin Dollar 1.3535 (1.3594), Mal Ringgit 3.1398 (3.1458), Indo Rupiah 9005 (8972), Euro: USD1.2706 (USD1.2624), Indian Rupee 46.92 (46.91) Thai Baht 31.13 (31.41), Phil Pesos 45.16 (45.39), Japanese Yen 84.56 (84.56), Chinese Yuan 6.8037 (6.7996)

Asian Stock Exchanges at our close:

STI 2,957.06 up 18.32,  KLCI 1,422.49 up 11.44,  JKT Composite Index  3,098.98 down 5.75,  Hang Seng Index : 20,737.22 up 139.87 ,  Nikkei 225 :  9,149,26 up 158.20

NYMEX Petroleum Oil Prices           

In Asian trading hours, Light Sweet Crude for Oct was down USD0.48 at USD74.69 per barrel.  

E-CBOT Prices at our close:

Soybeans   :   Sep 1028.75 +6.75, Nov 1033.50 +7.5, Jan 1042 +7.75

Soyoil  :  Sep 40.22 +0.02, Oct 40.36 -0.03, Dec 40.80 +0.01

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

Soybeans   :   Jan 3919 +32, May 4059 +34, Sep 4070 +34

Soyoil           Jan 8064 +108, May 7328 +120

Palm Oil     :   Jan 7110 +104, May 7134 +2

1-25 days August Palm Exports vs July 2010 (pmt) :

ITS       992,319           vs        1,074,329        -7.63%

SGS    939,456           vs        1,103,439        -15%

MDEX as at the close :

Month                      Last                High           Low            Volume

Sep 2010            2720    +32           2720           2710                 189 lots

Oct 2010             2615    +11           2658           2603               1443 lots

Nov 2010            2570    +28          2585           2550               7921 lots

Volume at 6.00 p.m :   11,614 lots at the close

The open interest on the MDEX as at 27/08/10 is 66,192 lots (68,428 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :  

RBDP Olein fob PK/PGG :     Sep 925/910, Oct 897.50/890, Nov 867.50/860, Dec 857.50/850, JFM 855/847.50, tdd ND 865+862.50+860, JFM 855

RBDP Oil fob PK/PGG   :       Sep 920

RBDP Stearin    :      Sep 870 PK/PGG

PFAD    :                   Sep 660 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Sep 875/867.50, Oct 847.50/840, Nov 830/820, Dec 820/810

Local Crude Palm Oil :   South – Aug RM 2740

Local CPKO :                 South – Sep  215

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 There will be 7 reports for the month - 4 technical reports on BMD CPO Futures and 3 Malaysian Palm Oil Supply & Demand Forecast.

 

                                    

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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.


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