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Sunday Jul 06, 2008



Asian Mid-Day Market Report - Monday, July 7th 2008


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

Sing Dollar 1.3609 (1.3602), Mal Ringgit 3.265 (3.265), Indo Rupiah 9205 (9220), Euro 1.5651 (1.5716) Indian Rupee 43.09 (43.25), Thai Baht 33.57 (33.41), Phil Pesos  45.290 (45.016), Japanese Yen 107.12 (106.75), Chinese Yuan 6.8558 (6.8602)

Asian Stock Exchanges at mid-day were mixed - (Dow Jones – closed for Independence Day)

STI 2,918.97 up 26.43 points,  KLCI 1,127.23 down 6.91 ,  Jakarta Composite Index 2,308.57 down 6.19 points, Hang Seng Index : 21,745.20 up 321.38 points,  Nikkei 225 : 13,363.72 up 125.83 points

Petroleum Oil Prices    

Light Sweet Crude for Aug delivery closed up USD0.10 to USD145.39 per barrel and Sept delivery closed down USD1.58 to USD143.71 per barrel - In Asian trading hours.

CBOT closing yesterday :

Soybeans   :  July 1658 +12.25, Aug 1649 +9.5, Sept 1637.3 +5.25

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

Mid-day E-CBOT :

Soybeans   :  July 1638 -20, Aug 1626.25 -22.75, Sept 1612.25 -25

Soyoil  :  July 66.00 -1.33, Aug 66.27 -1.26, Sept 66.54 -1.36 

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

Soybeans   :  July 5550 -149, Nov 5133 -43, Jan 5101 -78

Soyoil  :  July  11278 -114, Aug 11570 unch, Sept 11586 -84

Palm Oil     :  Sept 10548 -32, Oct 10556 +242

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

July 2008                 3520  -45        3520           3520                    6 lots                                     

Aug 2008                 3555  -44        3565           3548                 526 lots

Sept 2008                3565  -65           3595           3565               2,733 lots

Oct 2008                  3572  -68           3607           3572                 659 lots

Volume at 12.30 p.m :    3,924 lots for the morning session

The open interest on the MDEX is at 44,831 lots (44,597 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      July 1220s, AS 1225s/1215b OND 1225s/1220b fob PK/PGG

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

RBDP Stearin    :      JAS 975s PK/PGG

PFAD    :                   JAS 705 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  July 1125s, AS 1130s, OND 1135s/1105b

Local Crude Palm Oil :   South - July RM 3600s/3570b

Local CPKO :                 South -   July RM 257s

                                      Central -   July RM 257s

RBDPKO -                      July USD1470 pmt fob Malaysian ports.  

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