Asia Closing Market Report - Wednesday, July 28th 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 1.3653 (1.36), Mal Ringgit 3.19 (3.182), Indo Rupiah 9004 (9012), Euro USD1.2998 (USD1.3031), Indian Rupee 46.742 (46.65), Thai Baht 32.11 (32.03) Phil Pesos 45.89 (45.97), Japanese Yen 87.79 (87.36) Chinese Yuan 6.779 (6.7791)
Asian Stock Exchanges at our close:
STI 2,985.38 up 6.0 pts, KLCI 1,355.19 up 2.96, JKT Composite Index 3,055.42 up 13.74 , Hang Seng Index : 21,091.18 up 117.79 , Nikkei 225 : 9,753.27 up 256.42
Petroleum Oil Prices
In Asian trading hours, Light Sweet Crude for Sep was down USD0.21 at USD77.29 per barrel.
E-CBOT Prices at our close:
Soybeans : Aug 1002.75 +4.75, Sep 977.50 +4.5, Nov 969.50 +4
Soyoil : Aug 38.62 +0.06, Sep 38.80 +0.09, Oct 38.96 +0.06
Closing of The Dalian Commodity Exchange - one lot equals to 10 metric tons
Soybeans : Jan 3868 -2, May 3936 +1, Sep 3930 +11
Soyoil : Sep 7384 -2, Jan 7600 +4, May 7614 +20
Palm Oil : Sep 6592 +48, Jan 6624 +32
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 close :
Month Last High Low Volume
Aug 2010 2571 +16 2572 2546 495 lots
Sep 2010 2528 +23 2530 2500 1388 lots
Oct 2010 2495 +10 2502 2470 6515 lots
Volume at 6.00 p.m : 10,785 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 842.50/835, Sep 832.50/827.50, OND 817.50/812.50, tdd Sep 820 upto 830, OND 807.50 upto 815
RBDP Oil fob PK/PGG : Aug 837.50
RBDP Stearin : Aug 800 PK/PGG
PFAD : Aug 620 fob PK/PGG
CPO - FOB Belawan/Dumai : Aug 795/790, Sep 790/785, OND 787.50/780, tdd OND 782.50
Local Crude Palm Oil : South – Jul RM 2580/2560
Local CPKO : South – Aug RM 208 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 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 04:41AM Jul 28, 2010 by MarketReports admin in Asia Closing |