Asia Mid-Day Market Report -Wednesday, July 28th 2010
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Asian Currencies & Euro to US$ at our mid-day (previous day's figures in brackets)
Sin Dollar 1.3639 (1.3615), Mal Ringgit 3.193 (3.188), Indo Rupiah 9010 (9013), Euro: USD1.2998 (USD1.2996), Indian Rupee 46.73 (46.865) Thai Baht 32.14 (32.06), Phil Pesos 45.75 (45.95), Japanese Yen 87.74 (86.99), Chinese Yuan 6.7798 (6.771)
Asian Stock Exchanges at mid-day - Dow Jones closed up 12.26 to 10,537.69 pts.
STI 2,981.44 up 2.06, KLCI 1,354.08 up 1.85, JKT Composite Index 3,053.84 up 12.16, Hang Seng Index : 21,082.05 up 108.66 , Nikkei 225 : 9,708.85 up 212
Petroleum Oil Prices
In US closing Light Sweet Crude for Sep was down USD1.48 to USD77.50 per barrel.
In Asian trading hours midday Sep was down USD0.24 to USD77.26 per barrel.
CBOT closing yesterday :
Soybeans : Aug 998 -0.25, Sep 973 -1.75, Nov 965.50 -0.5
Soyoil : Aug 38.56 -0.24, Sep 38.71 -0.26, Oct 38.90 -0.26
Mid-day E-CBOT :
Soybeans : Aug 999.75 +1.75, Sep 975 +2, Nov 966.50 +1
Soyoil : Aug 38.59 +0.03, Sep 38.83 +0.12, Oct 38.97 +0.07
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : Jan 3862 -32, May 3925 -45, Sep 3916 -41
Soyoil : Sep 7364 -62, Jan 7588 -70, May 7580 -64
Palm Oil : Sep 6532 -38, Jan 6570 -96
1-25 days July Palm Exports vs June 2010 (pmt) :
ITS 1,074,329 vs 1,120,563 -4.1%
SGS 1,103,439 vs 1,113,923 -0.9%
MDEX as at the morning close :
Month Last High Low Volume
Aug 2010 2560 +5 2560 2546 111 lots
Sep 2010 2516 +11 2517 2500 422 lots
Oct 2010 2488 +3 2492 2470 2221 lots
Volume at 12.30 p.m : 3,383 lots at the close
The open interest on the MDEX as at 27/07/10 is 69,238 lots (67,931 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob PK/PGG : Aug 840/835, Sep 825/820, OND 810/805, tdd Sep 820+822.50, OND 807.50
RBDP Oil fob PK/PGG : Aug 835
RBDP Stearin : Sep 770 PK/PGG
PFAD : Aug 615 fob PK/PGG
CPO - FOB Belawan/Dumai : Aug 792.50/787.50, Sep 787.50/782.50, OND 782.50/775, tdd Sep 785
Local Crude Palm Oil : South – Jul RM 2570/2550
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 09:45PM Jul 27, 2010 by MarketReports admin in Asia Mid-Day |