GateTrade

Market Reports

 
Member-Only Reports    
   
Friday Jul 04, 2008



Asian Closing Market Report - Friday, 4th July 2008


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

Asian Currencies and Euro at our close 

Sing Dollar 1.3619 (1.3622), Mal Ringgit 3.266 (3.266), Indo Rupiah 9207 (9205), Euro 1.5686 (1.5694) Indian Rupee 43.12 (43.3), Thai Baht 33.49 (33.365), Phil Pesos  45.28 (45.15), Japanese Yen 106.74 (106.77), Chinese Yuan 6.8589 (6.8510)

Asian Stock Exchanges at our close were mixed

STI 2,892.54 up 12.09 points,  KLCI 1,134.14 down 19.56 ,  Jakarta Composite Index 2,314.75 up 28.14 points, Hang Seng Index : 21,423.82 up 181.04 points,  Nikkei 225 : 13,237.89 down 27.51 points

Petroleum Oil Prices           

Light Sweet Crude for Aug delivery closed down USD1.18 to USD144.08 per barrel and Sept delivery closed down USD1.17 to USD144.69 per barrel - In Asian trading hours.

E-CBOT Prices at our close:

 

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 

Closing of The Dalian Commodity Exchange - one lot equals to 10 metric tons:

 

Soybeans   :  July 5699 -1, September 5829 +22, November 5176 +98

Soyoil  :  July  11410 -182, Aug 11570 -418, Sept 11688 -126

Palm Oil     :  Sept 10600 unc, Oct 10328 -86

 

Indonesia News :

 

PT Astra Agro Lestari, PT Perkebunan Nusantara sell total of 9,750 tons CPO at IDR8,875-IDR9,177/kg in auctions Friday, down from offers of IDR8,950-IDR9,311/kg yesterday.

 

MDEX as at the close :

 

Month                      Last                High           Low                 Volume

July 2008                 3565    -5        3575            3550                   90 lots                                               

Aug 2008                 3599  -24        3620            3590                1,074 lots

Sept 2008                3630   -5         3647            3614                3,626 lots

Oct 2008                  3640  -19        3660            3626                1,146 lots

Volume at 6.00 p.m :    5,998 lots

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 1227.50s, AS 1235s/1227.5b OND 1237.50s/1232.5b fob PK/PGG,

 

                                 Traded 1230-1235 fob PK/PGG

 

RBDP Oil   :              July 1180s, AS 1187.5s, OND 1192.5s fob PK/PGG

RBDP Stearin    :      JAS 980s PK/PGG

PFAD    :                   JAS 705 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  July 1140s, AS 1145s/1130b, OND 1145s/1130b

Local Crude Palm Oil :   South - July RM 3630s/3620b, traded RM 3620

Local CPKO :                 South -   July RM 259s

                                      Central -   July RM 259s

RBDPKO -                      July USD1480 pmt fob Malaysian ports.  

Please join our over 990 members from 86 countries and 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.