Asian Mid-Day Market Report - Friday, 11th 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 & Euro at our mid-day (previous day's figures in brackets)
Sing Dollar 1.3598 (1.3594), Mal Ringgit 3.2450 (3.2490), Indo Rupiah 9162 (9153), Euro 1.5773 (1.5785) Indian Rupee 42.88 (42.99), Thai Baht 33.65 (33.65), Phil Pesos 45.383 (45.45), Japanese Yen 107.15 (107.08), Chinese Yuan 6.8356 (6.8428)
Asian Stock Exchanges at mid-day were higher - (Dow Jones – up 81.58 to 11,229.02)
STI 2,932.05 up 30.47 points, KLCI 1,144.47 up 8.98 points , Jakarta Composite Index 2,271.59 down 4.64 points, Hang Seng Index : 22,125.19 up 303.41 points, Nikkei 225 : 13,128.13 up 60.92 points
Petroleum Oil Prices
In US closing Light Sweet Crude for Aug delivery closed up USD5.60 to USD141.65 per barrel. In Asian trading hours midday Aug delivery closed up USD0.02 to USD141.67 per barrel.
CBOT closing yesterday :
Soybeans : July 1609.5 +31.5, Aug 1600.5 +28.5, Sept 1593 +28.25
Soyoil : July 64.45 +0.67, Aug 64.62 +0.67, Sept 64.97 +0.66
Mid-day E-CBOT :
Soybeans : July 1610 +0.5, Aug 1600.5 +1.5, Sept 1593.5 +0.5
Soyoil : July 64.45 +0.67, Aug 64.93 +0.31, Sept 65.30 +0.33
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : July 5680 +106, Nov 5157 +87, Jan 5033 +129
Soyoil : July 11306 unch, Aug 11438 +62, Sept 11630 +108
Palm Oil : Sept 10500 +20, Oct 10370 +20
MDEX as at the morning close :
Month Last High Low Volume
July 2008 - NIL NIL 0 lot
Aug 2008 3510 +10 3515 3502 66 lots
Sept 2008 3527 +16 3530 3510 950 lots
Oct 2008 3534 +31 3537 3520 456 lots
Volume at 12.30 p.m : 1,472 lots for the morning session
The open interest on the MDEX is at 46,910 lots (43,877 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob : JAS 1207.5s/1200b, OND 1210s/1200b fob PK/PGG
RBDP Oil : JAS 1170s, OND 1170s fob PK/PGG
RBDP Stearin : JAS 970s PK/PGG
PFAD : JAS 700 fob PK/PGG
CPO - FOB Belawan/Dumai : JAS 1120s/1115b, OND 1120s/1115b
Local Crude Palm Oil : South - July RM 3520s/3515b, traded RM3520
Local CPKO : South - July RM 251s
Central - July RM 251s
RBDPKO - July USD1450 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.
Posted at 10:01PM Jul 10, 2008 by MarketReports admin in Asia Mid-Day |