Asia Mid-Day Market Report - Thursday, April 29th 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 1.3714 (1.3717), Mal Ringgit 3.2035 (3.198), Indo Rupiah 9023 (9017), Euro: USD1.3208 (USD1.3207) Indian Rupee 44.57 (44.555) Thai Baht 32.33 (32.25) Phil Pesos 44.62 (44.43) Japanese Yen 93.85 (93.21), Chinese Yuan 6.8263 (6.8267)
Asian Stock Exchanges at mid-day - Dow Jones closed up 53.28 to 11,045.27 points.
STI 2,961.34 up 29.30, KLCI 1,335.77 up 2.6, JKT Composite Index 2,917.20 down 22.10, Hang Seng Index : 20,950.42 up 1.02 , Nikkei 225 : 10,924.79 closed
Petroleum Oil Prices
In US closing Light Sweet Crude for Jun was up USD0.78 to USD83.22 per barrel.
In Asian trading hours midday Jun was down USD0.09 to USD83.13 per barrel.
CBOT closing yesterday :
Soybeans : May 982.80 +0.25, Jul 993.50 +0.5, Aug 991.30 +1.5
Soyoil : May 38.54 -0.58, Jul 38.92 -0.64, Aug 39.11 -0.65
Mid-day E-CBOT :
Soybeans : May 984.25 +1.5, Jul 994.25 +0.75
Soyoil : May 38.63 +0.09, Jul 39.05 +0.13
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : Sep 3880 +14, Jan 3958 +18, May 4033 +13
Soyoil : Sep 7612 -20, Jan 7838 -36
Palm Oil : Sep 6926 -26, Jan 6938 -48
1-25 days April Palm Exports vs March 2010 (pmt) :
ITS 947,304 vs 1,114,035 -14.97%
SGS 1,014,176 vs 1,125,412 -9.88%
MDEX as at the morning close :
Month Last High Low Volume
May 2010 2550 -16 2558 2545 291 lots
Jun 2010 2537 -22 2551 2533 1131 lots
Jul 2010 2525 -22 2545 2520 3899 lots
Volume at 12.30 p.m : 6,716 lots in the morning session
The open interest on the MDEX as at 28/04/10 is 63,961 lots (63,531 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob PK/PGG : May 820/815, Jun 817.50/812.50, JAS 815/810, OND 812.50/805, tdd JAS 811, OND 807.50
RBDP Oil fob PK/PGG : May 815
RBDP Stearin : May 815 PK/PGG
PFAD : May 680 fob PK/PGG
CPO - FOB Belawan/Dumai : MJ 792.50/785, JAS 792.50/785, OND 787.50/777.50
Local Crude Palm Oil : South – May RM 2560/2540
Local CPKO : South – May RM 192 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.
Posted at 10:18PM Apr 28, 2010 by MarketReports admin in Asia Mid-Day |