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Monday Mar 15, 2010



Asia Mid-Day Market Report - Tuesday, March 16th 2010


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Asian Currencies & Euro to US$ at our mid-day (previous day's figures in brackets)

Sin Dollar 1.3959 (1.396), Mal Ringgit 3.322 (3.318), Indo Rupiah 9145 (9163), Euro: USD1.3695 (USD1.373) Indian Rupee 45.37 (45.57), Thai Baht 32.52 (32.54) Phil Pesos 45.65 (45.76) Japanese Yen 90.01 (90.53), Chinese Yuan 6.8268 (6.827)

Asian Stock Exchanges at mid-day - Dow Jones closed up 17.46 to 10,642.15 points.

STI 2,879.79 up 5.46,  KLCI 1,299.61 down 0.06,  JKT Composite Index  2,666.61 down 3,  Hang Seng Index : 20,986.69 down 92.41 ,  Nikkei 225 :  10,730.44 down 21.54

Petroleum Oil Prices   

In US closing Light Sweet Crude for Apr was down USD1.44 to USD79.80 per barrel.

In Asian trading hours midday Apr was down USD0.13 to USD79.67 per barrel.

CBOT closing yesterday :

Soybeans   :   May 930 +4.5, Jul 937.50 +4, Aug 935.50 +2.5

Soyoil  :  May 38.75 -0.8, Jul 39.18 -0.81, Aug 39.37 -0.81

Mid-day E-CBOT :

Soybeans   :   May 936.50 +6.5, Jul 943.75 +6.25

Soyoil  :  May 39.11 +0.36, Jul 39.49 +0.31

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

Soybeans   :   Sep 3823 +23, Nov 3798 +23, Jan 3773 +17

Soyoil           May 7302 -4, Sep 7456 -6, Jan 7582 -28

Palm Oil     :   Sep 6846 -2, Jan 6714 -12

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

ITS      669,227           vs        565,114           +18.42%

SGS    638,548           vs        607,660           +5.1%

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

Apr 2010              2592     -17          2618           2586                  182 lots

May 2010             2579     -11          2602           2566                3949 lots

Jun 2010              2557     -18          2586           2550                5564 lots

 

 

Volume at 12.30 p.m :    10,361 lots in the morning session

The open interest on the MDEX as at 15/03/10 is 82,407 lots (81,748 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      Apr 807.50/800, MJ 805/797.50, JAS 792.50/787.50, tdd JAS 792.50

RBDP Oil fob PK/PGG   :       Apr 792.50

RBDP Stearin    :      Apr 800 PK/PGG

PFAD    :                   Apr 690 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Apr 785/775, MJ 780/770, JAS 767.50/757.50

Local Crude Palm Oil :   South – Mar RM 2600/2580

Local CPKO :                 South – Apr  RM 200 per pikul

 

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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.

 

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.

 


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