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Thursday Jul 03, 2008



Asian Mid-Day Market Report - Friday, 4th July 2008


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

Sing Dollar 1.3602 (1.3622), Mal Ringgit 3.265 (3.266), Indo Rupiah 9220 (9205), Euro 1.5716 (1.5694) Indian Rupee 43.25 (43.3), Thai Baht 33.41 (33.365), Phil Pesos  45.016 (45.15), Japanese Yen 106.75 (106.77), Chinese Yuan 6.8602 (6.8510)

Asian Stock Exchanges at mid-day were mixed - (Dow Jones – up 73.03 to 11,288.54 points)

STI 2,893.72 up 13.27 points,  KLCI 1,124.35 down 29.35 ,  Jakarta Composite Index 2,315.85 up29.24 points, Hang Seng Index : 21,477.33 up 234.55 points,  Nikkei 225 : 13,143.04 down 122.36 points

Petroleum Oil Prices    

Light Sweet Crude for Aug delivery closed up USD0.10 to USD145.39 per barrel and Sept delivery closed down USD0.23 to USD145.63 per barrel - In Asian trading hours.

CBOT closing yesterday :

Soybeans   :  July 1645.6 -8.75, Aug 1639.4 -9.5, Sept 1632 -12.5

 

Soyoil  :  July 67.77 -0.92, Aug 67.99 -0.80, Sept 68.36 -0.76 

Mid-day E-CBOT :

Soybeans   :  July 1658 +12.25, Aug 1649 +9.5, Sept 1637.25 +5.25

Soyoil  :  July 67.33 -0.44, Aug 67.53 -0.46, Sept 67.90 -0.46 

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

Soybeans   :  July 5690 -10, September 5829 +22, November 5167 +89

Soyoil  :  July  11334 -248, Aug 11550 -438, Sept 11662 -152

Palm Oil     :  Sept 10598 -2, Oct 10328 -86

 

MDEX as at the morning close :

Month                      Last                High           Low                Volume

July 2008                 3555  -15        3555           3550                  22 lots                                      

Aug 2008                 3594  -29        3620           3594                 565 lots

Sept 2008                3617  -18        3633           3614              1,337 lots

Oct 2008                 3631  -28         3659           3626                556 lots

Volume at 12.30 p.m :    2,515 lots for the morning session

The open interest on the MDEX is at 44,597 lots (43,705 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      July 1222.50s/1215b, AS 1230s/1225b OND 1232.50s/1225b fob PK/PGG

 

RBDP Oil   :              July 1180s, AS 1185s, OND 1190s fob PK/PGG

RBDP Stearin    :      JAS 980s PK/PGG

PFAD    :                   JAS 705 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  July 1135s/1115b, AS 1140s/1120b, OND 1140s/1120b

Local Crude Palm Oil :   South - July RM 3620s/3600b

Local CPKO :                 South -   July RM 258s

                                      Central -   July RM 258s

RBDPKO -                      July USD1480 pmt fob Malaysian ports.  

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