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Tuesday Jul 01, 2008



Asia Mid-Day Market Report - Wednesday, July 2nd 2008


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Asian Currencies & Euro at our mid-day (previous day's figures in brackets)

Sing Dollar 1.3620 (1.3600), Mal Ringgit 3.272 (3.265), Indo Rupiah 9225 (9213), Euro 1.5814 (1.5748) Indian Rupee 43.327 (43.125), Thai Baht 33.40 (33.38), Phil Pesos  44.96 (44.724), Japanese Yen 105.94 (106.08), Chinese Yuan 6.8588 (6.8569)

Asian Stock Exchanges at mid-day were lower - (Dow Jones – up 32.25 to 11,382.26 points)

STI 2,924.59 up 17.4 points,  KLCI 1,154.96 down 19.87 points ,  Jakarta Composite Index 2,388.63 up 9.82 points, Hang Seng Index : 21,882.67 down 219.34 points,  Nikkei 225 : 13,294.40 down 168.80 points

Petroleum Oil Prices    

Light Sweet Crude for Aug delivery closed up USD1.44 to USD141.44 per barrel and Aug delivery closed up USD1.32 to USD142.29 per barrel - In Asian trading hours.

CBOT closing yesterday :

Soybeans   :  July 1628 +23, Aug 1623 +25, Sept 1615 +31

Soyoil  :  July 66.71 +0.67, Aug 66.95 +0.63, Sept 67.32 +0.62 

Mid-day E-CBOT :

Soybeans   :  July 1637.75 +9.95, Aug 1634 +11, Sept 1625.5 +10.5

Soyoil  :  July 66.71 +0.67, Aug 67.16 +0.21, Sept 67.63 +0.31 

 The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons

Soybeans   :  July 5710 -40, Sept 5829 +22, November 5185 +70

Soyoil  :  July  11680 unch, Aug 12088 +222, Sept 12058 +14

Palm Oil     :  Sept 10818 +14, Oct 10440 +148

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

July 2008                 3541  +23        3554           3528                   17 lots                                    

Aug 2008                 3599  +34        3600           3574                  224 lots

Sept 2008                3618  +43        3619           3581                1,672 lots

Oct 2008                  3629 +49         3629           3590                    676 lots

Volume at 12.30 p.m :    2,590 lots for the morning session

The open interest on the MDEX is at 44,339 lots (44,053 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      July 1227.50s, AS 1230s/1225b OND 1230s/1225b fob PK/PGG

Traded :  RBDP Oil   :              JAS 1180s, OND 1180s fob PK/PGG

RBDP Stearin    :      JAS 980s PK/PGG

PFAD    :                   JAS 710 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  July 1155s, AS 1155s, OND 1150s

Local Crude Palm Oil :   South - July RM 3610s/3600b, traded 3590 to 3600

Local CPKO :                 South -   July RM 259s

                                      Central -   July 259s

RBDPKO -                      July USD1490 pmt fob Malaysian ports.  

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