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Tuesday Jul 15, 2008



Asian Mid-Day Market Report - Wednesday, July 16th 2008


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

Sin Dollar 1.3474 (1.3479), Mal Ringgit 3.222 (3.2135), Indo Rupiah 9130 (9120), Euro 1.5898 (1.5942) Indian Rupee 43.125 (43.120), Thai Baht 33.48 (33.45), Phil Pesos  45.218 (45.59), Japanese Yen 104.62 (105.77), Chinese Yuan 6.8135 (6.8256)

Asian Stock Exchanges at mid-day were lower - (Dow Jones – down 92.65 to 10,962.54)

STI 2,840.20 up 9.45 points,  KLCI 1,125.03 down 2.57 points ,  Jakarta Composite Index 2,241.04 up 26.19 points, Hang Seng Index : 21,272.10 up 97.33 points,  Nikkei 225 : 12,761.95 up 7.39 points

Petroleum Oil Prices    

In US closing Light Sweet Crude for Aug delivery closed down USD6.44 to USD138.74 per barrel.                 In Asian trading hours midday Aug delivery closed down USD0.20 to USD138.54 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 1542 -40, Sept 1528 -40.5, Nov 1516 -43

Soyoil  :  Aug 63.03 -0.76, Sept 63.40 -0.75, Oct 63.76 -0.74

Mid-day E-CBOT :

Soybeans   :   Aug 1552 +10, Sept 1535 +7, Nov 1523 +7.5

Soyoil  :  Aug 63.42 +0.39, Sept 63.72 +0.32, Oct 64.10 +0.34

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

Soybeans   :  July 5678 untraded, Nov 5103 +70, Jan 4897 -146

Soyoil  :  July  11400 untraded, Aug 11300 untraded, Sept 11360 -100

Palm Oil     :  Sept 10320 -110

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Aug 2008                 3489   -47         3503           3489                 275 lots

Sept 2008                3501   -49         3511           3490               1462 lots

Oct 2008                  3510  -50          3521          3501                 3061 lots

Nov 2008                 3512   -54          3525          3512                 1302 lots

 

Volume at 12.30 p.m :    6,991 lots for the morning session

The open interest on the MDEX is at 49,462 lots (46,432 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

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

RBDP Oil   :              JAS 1170s, OND 1170s fob PK/PGG

RBDP Stearin    :      AS 960s PK/PGG

PFAD    :                   AS 700 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  July 1105s, AS 1110s, OND 1110s

Local Crude Palm Oil :   South - July RM 3520s/3500b,

Local CPKO :                 South -   July RM 249s

                                      Central -   July RM 249s

RBDPKO -                      July USD1435 pmt fob Malaysian ports.  

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