Asian Mid-Day Market Report - Tuesday, July 15th 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 1.3479 (1.3553), Mal Ringgit 3.2135 (3.234), Indo Rupiah 9120 (9152), Euro 1.5942 (1.5905) Indian Rupee 43.120 (42.815), Thai Baht 33.45 (33.64), Phil Pesos 45.59 (45.59), Japanese Yen 105.77 (106.37), Chinese Yuan 6.8256 (6.8310)
Asian Stock Exchanges at mid-day were lower - (Dow Jones – down 45.35 to 11,055.19)
STI 2,851.31 down 52.81 points, KLCI 1,139.34 down 4.66 points , Jakarta Composite Index 2,220.84 down 38.70 points, Hang Seng Index : 21,303.44 down 711.02 points, Nikkei 225 : 12,746.94 down 263.22 points
Petroleum Oil Prices
In US closing Light Sweet Crude for Aug delivery closed up USD0.10 to USD145.18 per barrel. In Asian trading hours midday Aug delivery closed down USD0.13 to USD145.05 per barrel.
CBOT closing yesterday :
Soybeans : July 1595 -35.5, Aug 1582 -33.5, Sept 1568.5 -37
Soyoil : July 63.63 -0.85, Aug 63.79 -0.84, Sept 64.15 -0.83
Mid-day E-CBOT :
Soybeans : July 1595 unch, Aug 1587.5 +5.50, Sept 1575.25 +6.75
Soyoil : July 63.63 unch, Aug 63.80 +0.01, Sept 64.17 +0.02
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : July 5678 unch, Nov 5143 +35, Jan 4980 +41
Soyoil : July 11400 unch, Aug 11400 +50, Sept 11482 +46
Palm Oil : Sept 10424 +42
MDEX as at the morning close :
Month Last High Low Volume
Aug 2008 3523 +3 3523 3499 127 lots
Sept 2008 3530 +6 3532 3500 1170 lots
Oct 2008 3540 +8 3543 3512 1092 lots
Nov 2008 3539 +1 3542 3517 590 lots
Volume at 12.30 p.m : 4,214 lots for the morning session
The open interest on the MDEX is at 46,432 lots (46,709 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob : July 1205s, AS 1205s/1195b, OND 1205s/1197.50b fob PK/PGG
RBDP Oil : JAS 1170s, OND 1170s fob PK/PGG
RBDP Stearin : JAS 970s PK/PGG
PFAD : JAS 710 fob PK/PGG
CPO - FOB Belawan/Dumai : July 1120s/1100b, AS 1120s/1105b, OND 1120s/1105b
Local Crude Palm Oil : South - July RM 3550s/3530b,
Local CPKO : South - July RM 252s
Central - July RM 252s
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 10:06PM Jul 14, 2008 by MarketReports admin in Asia Mid-Day |