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Wednesday Jul 09, 2008



Asian Mid-Day Market Report - Thursday, July 10th 2008


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

Sing Dollar 1.3608 (1.3619), Mal Ringgit 3.2420 (3.2475), Indo Rupiah 9160 (9184), Euro 1.5723 (1.5675) Indian Rupee 43.20 (43.095), Thai Baht 33.655 (33.68), Phil Pesos  45.364 (45.599), Japanese Yen 106.91 (107.30), Chinese Yuan 6.8460 (6.8585)

Asian Stock Exchanges at mid-day were higher - (Dow Jones – down 236.77 to 11,147.44)

STI 2,900.30 down 17.32 points,  KLCI 1,139.43 down 0.38 ,  Jakarta Composite Index 2,251.53 down 34.50 points, Hang Seng Index : 21,977.96 up 172.15 points,  Nikkei 225 : 13,108.65 up 56.52 points

Petroleum Oil Prices    

In US closing Light Sweet Crude for Aug delivery closed up USD0.01 to USD136.05 per barrel.                      In Asian trading hours midday Aug delivery closed up USD0.48 to USD136.53 per barrel.

CBOT closing yesterday :

Soybeans   :  July 1578 +17, Aug 1572 +23, Sept 1564.8 +26.75

Soyoil  :  July 63.78 +0.4, Aug 63.95 +0.41, Sept 64.31 +0.41 

Mid-day E-CBOT :

Soybeans   :  July 1578 +17, Aug 1574 +2, Sept 1570 +5.25

Soyoil  :  July 64.05 +0.27, Aug 64.21 +0.26, Sept 64.80 +0.49 

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

Soybeans   :  July 5620 +19, Nov 5062 +2, Jan 4954 +3

Soyoil  :  July  11288 -18, Aug 11388 unch, Sept 11490 -42

Palm Oil     :  Sept 10418 -70, Oct 10390 unch

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

July 2008                 3450  -30         3450           3450                   15 lots                                    

Aug 2008                 3477   -28        3500           3470                 272 lots

Sept 2008                3490  -25           3516           3485               2,003 lots

Oct 2008                  3498  -32           3526           3498                  970 lots

Volume at 12.30 p.m :    4,494 lots for the morning session

The open interest on the MDEX is at 45,744 lots (45,744 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      July 1205s, AS 1205s/1192.50b OND 1205s/1195b fob PK/PGG

                                    Traded OND 1202.50 + 1200 + 1197.50

RBDP Oil   :              July 1165s, AS 1165s, OND 1165s fob PK/PGG

RBDP Stearin    :      JAS 960s PK/PGG

PFAD    :                   JAS 700 fob PK/PGG  

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

Local Crude Palm Oil :   South - July RM 3510s/3500b, traded 3500

Local CPKO :                 South -   July RM 251s

                                      Central -   July RM 251s

RBDPKO -                      July USD1450 pmt fob Malaysian ports.  

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