Asia Closing Market Report - Wednesday, August 25th 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.
Asia Closing Report is posted under "Member-Only Reports". Please login to view the report.
Asian Currencies and Euro to US$ at our close
Sin Dollar 1.3594 (1.3613), Mal Ringgit 3.1458 (3.1458), Indo Rupiah 8972 (8975), Euro: USD1.2624 (USD1.2626), Indian Rupee 46.91 (46.915) Thai Baht 31.41 (31.47), Phil Pesos 45.39 (45.45), Japanese Yen 84.56 (84.20), Chinese Yuan 6.7996 (6.7976)
Asian Stock Exchanges at our close:
STI 2,926.55 up 3.7, KLCI 1,396.97 down 8.8, JKT Composite Index 3,138.82 up 23.88, Hang Seng Index : 20,634.98 down 23.73 , Nikkei 225 : 8,845.39 down 149.75
NYMEX Petroleum Oil Prices
In Asian trading hours, Light Sweet Crude for Oct was down USD0.04 at USD71.59 per barrel.
E-CBOT Prices at our close:
Soybeans : Sep 1001.25 +1.75, Nov 1001 +2, Jan 1009.25 +2.5
Soyoil : Sep 39.32 -0.16, Oct 39.50 -0.16, Dec 39.92 -0.14
Closing of The Dalian Commodity Exchange - one lot equals to 10 metric tons
Soybeans : Jan 3857 -28, May 3981 -35, Sep 3998 -22
Soyoil : Jan 7858 -64, May 7908 -82
Palm Oil : Jan 6898 -86, May 7088 -116
1-25 days August Palm Exports vs July 2010 (pmt) :
ITS 992,319 vs 1,074,329 -7.63%
SGS 939,456 vs 1,103,439 -15%
MDEX as at the close :
Month Last High Low Volume
Sep 2010 2640 -30 2671 2632 529 lots
Oct 2010 2541 -29 2590 2541 2312 lots
Nov 2010 2486 -24 2526 2486 21506 lots
Volume at 6.00 p.m : 29,218 lots at the close
The open interest on the MDEX as at 24/08/10 is 68,654 lots (69,199 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob PK/PGG : Sep 910/895, Oct 875/865, Nov 840/830, Dec 830/820, JFM 825/817.50, tdd JFM 832.50 downto 817.50
RBDP Oil fob PK/PGG : Sep 905
RBDP Stearin : Sep 865 PK/PGG
PFAD : Sep 655 fob PK/PGG
CPO - FOB Belawan/Dumai : Sep 862.50/855, Oct 820/810, Nov 800/795, Dec 790/785, tdd ND 795
Local Crude Palm Oil : South – Aug RM 2670
Local CPKO : South – Sep 211
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 1500 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 04:31AM Aug 25, 2010 by MarketReports admin in Asia Closing |


