Asia Mid-Day Market Report - Friday, July 23rd 2010
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Asian Currencies & Euro to US$ at our mid-day (previous day's figures in brackets)
Sin Dollar 1.3722 (1.3753), Mal Ringgit 3.20 (3.219), Indo Rupiah 9045 (9057), Euro: USD1.2897 (USD1.2771), Indian Rupee 47.01 (47.335) Thai Baht 32.10 (32.23), Phil Pesos 46.40 (46.62), Japanese Yen 86.90 (86.46), Chinese Yuan 6.7774 (6.779)
Asian Stock Exchanges at mid-day - Dow Jones closed up 201.77 to 10,322.30 pts.
STI 2,972,71 up 17.04, KLCI 1,343.23 up 7.18, JKT Composite Index 3,046.58 up 36.66, Hang Seng Index : 20,814.60 up 224.90 , Nikkei 225 : 9,473.15 up 258.66
Petroleum Oil Prices
In US closing Light Sweet Crude for Sep was up USD2.74 to USD79.30 per barrel.
In Asian trading hours midday Sep was down USD0.22 to USD79.08 per barrel.
CBOT closing yesterday :
Soybeans : Aug 1016 +0.75, Sep 990.50 +3.75, Nov 979.50 +1
Soyoil : Aug 38.90 +0.64, Sep 39.08 +0.63, Oct 39.28 +0.63
Mid-day E-CBOT :
Soybeans : Aug 1015.75 -0.25, Sep 990.50 unch, Nov 979.75 +0.25
Soyoil : Aug 38.81 -0.09, Sep 39.00 -0.08, Oct 39.23 -0.05
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : Jan 3880 +9, May 3962 +17, Sep 3955 +22
Soyoil : Sep 7406 +62, Jan 7628 +58, May 7600 +68
Palm Oil : Sep 6538 +80, Jan 6636 +68
1-20 days July Palm Exports vs June 2010 (pmt) :
ITS 879,018 vs 906,321 -3%
SGS 870,604 vs 914,849 -4.84%
MDEX as at the morning close :
Month Last High Low Volume
Aug 2010 2580 +0 2589 2577 121 lots
Sep 2010 2533 +0 2562 2532 673 lots
Oct 2010 2514 -5 2535 2510 4156 lots
Volume at 12.30 p.m : 5,981 lots at the close
The open interest on the MDEX as at 22/07/10 is 68,218 lots (68,575 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob PK/PGG : Aug 832.50, Sep 822.50/815, OND 812.50/807.50
RBDP Oil fob PK/PGG : Aug 827.50
RBDP Stearin : Aug 800 PK/PGG
PFAD : Aug 625 fob PK/PGG
CPO - FOB Belawan/Dumai : Aug 797.50/790, Sep 790/785, OND 785/777.50
Local Crude Palm Oil : South – Jul RM 2580/2560
Local CPKO : South – Aug RM 208 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.
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Posted at 10:18PM Jul 22, 2010 by MarketReports admin in Asia Mid-Day |