GateTrade

Free Reports

   
Sunday Mar 14, 2010



Asia Mid-Day Market Report - Monday, March 15th 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 1.396 (1.398), Mal Ringgit 3.318 (3.319), Indo Rupiah 9163 (9190), Euro: USD1.373 (USD1.364) Indian Rupee 45.57 (45.46), Thai Baht 32.54 (32.68) Phil Pesos 45.76 (45.73) Japanese Yen 90.53 (90.36), Chinese Yuan 6.827 (6.8256)

Asian Stock Exchanges at mid-day - Dow Jones closed up 12.85 to 10,624.69 points.

STI 2,877.06 down 4.30,  KLCI 1,300.20 down 11,  JKT Composite Index  2,677.93 up 11.42,  Hang Seng Index : 21,026.92 down 182.82 ,  Nikkei 225 :  10,734.81 down 16.45

Petroleum Oil Prices   

In US closing Light Sweet Crude for Apr was down USD0.87 to USD81.24 per barrel.

In Asian trading hours midday Apr was down USD0.43 to USD80.81 per barrel.

CBOT closing yesterday :

Soybeans   :   May 925.50 -5, Jul 933.50 -5.5, Aug 933 -4.75

Soyoil  :  May 39.55 -0.56, Jul 39.99 -0.55, Aug 40.18 -0.55

Mid-day E-CBOT :

Soybeans   :   May 925 -0.5, Jul 933.50 -0.25

Soyoil  :  May 39.47 -0.08, Jul 39.90 -0.09

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

Soybeans   :   May 4049 -28, Sep 3793 022, Jan 3754 -6

Soyoil           May 7300 -52, Sep 7452 -48, Jan 7592 -46

Palm Oil     :   May 6870 +8, Sep 6828 -92

1-15 days March Palm Exports vs February (pmt) :

ITS      669,227           vs        565,114           +18.42%

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

Apr 2010              2635     -25          2641           2630                  682 lots

May 2010             2624     -25          2631           2618                3256 lots

Jun 2010              2606     -25          2615           2603                1631 lots

 

 

Volume at 12.30 p.m :    6,083 lots in the morning session

The open interest on the MDEX as at 12/03/10 is 81,748 lots (81,554 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      Apr 820/812.50, MJ 820/810, JAS 807.50/802.50

RBDP Oil fob PK/PGG   :       Apr 805

RBDP Stearin    :      Apr 810 PK/PGG

PFAD    :                   Apr 695 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Apr 795/785, MJ 790, JAS 777.50/770

Local Crude Palm Oil :   South – Mar RM 2650/2640

Local CPKO :                 South – Apr  RM 202 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 1460 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.

 


Comments:

Post a Comment:
Comments are closed for this entry.