Asian Mid-day Market Report - Monday, 2nd June 2008
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Asian Currencies & Euro at our mid-day (previous day's figures in brackets)
Sing Dollar 1.3629 (1.3651) Mal Ringgit 3.2210 (3.2400), Indo Rupiah 9310 (9305), Euro 1.551 (1.5627) Indian Rupee 42.240 (42.755)
Thai Baht : 32.500 (32.450), Phil Pesos : 43.419 (43.851), Japanese Yen 105.27 (105.45), Chinese Yuan 6.9347 (6.9429)
Asian Stock Exchanges at mid-day were higher - (Dow Jones - Down 7.90 to 12,638.30 points)
STI 3,213.02 up 20.29 points (+0.64%), KLCI 1,266.57 down 9.53 points (-0.75%), Jakarta Composite Index : 2,442.83 down 1.51 points (-0.06%)
Hang Seng Index : 24,862.64 up 330.56 points (+1.35%); Nikkei 225 : 14,440.14 up 101.60 points (+0.71%)
Petroleum Oil Prices (It closed lower yesterday. It was lower during Asian trading hours)
Light Sweet Crude for July delivery closed higher down USD 0.54 to USD 127.35 per barrel - In Asian trading hours, Light Sweet Crude for July delivery was down US 54 cents at USD 126.81 per barrel. London's Brent North Sea crude for July delivery was down US 49 cents to USD 127.29/barrel.
News From The Dalian Commodity Exchange
Trading was higher on the Dalian Commodity Exchange this morning.
MDEX as at the morning close :
Month Last High Low Volume
June 2008 3510 -45 3510 3494 35 lots
July 2008 3491 -75 3499 3474 177 lots
August 2008 3504 -61 3509 3440 1,487 lots
September 2008 3509 -61 3509 3450 438 lots
Volume at 12.30 p.m : 3,228 lots for the morning session
The open interest on the MDEX is at 39,534 lots (38,800 lots on previous day) - one lot = 25 metric tons
RBDP Olein Trades
RBDP Olein fob : June 1250s, July 1250s/1242.50b, JAS 1250s/1240b, OND 1240s/1222.50b fob PK/PGG
RBDP Oil : June 1230s, July 1230s fob PK/PGG
RBDP Stearin : June 1030s, JAS 1030s PK/PGG
PFAD : June 620s, JAS 620s fob PK/PGG
CPO - FOB Belawan/Dumai : June 1150s, July 1155s/1145b, AS 1150s, OND 1145s - fob Belawan/Dumai
Traded : Nil
Local crude palm oil : South - June RM 3580s/3550b, trdd 3550
Local CPKO : South - June 262s/260b, July RM 262s/260b,
Central June 262s/259b, July 262/259b
RBDPKO - July USD 1500 and August 1500 pmt fob Malaysian ports.
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Posted at 12:32AM Jun 02, 2008 by MarketReports admin in Asia Mid-Day |