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Wednesday Jul 16, 2008



Asian Mid-Day Market Report - Thursday, July 17th 2008


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

Sin Dollar 1.3498 (1.3474), Mal Ringgit 3.230 (3.222), Indo Rupiah 9137 (9130), Euro 1.5848 (1.5898) Indian Rupee 42.905 (43.125), Thai Baht 33.48 (33.48), Phil Pesos  45.238 (45.218), Japanese Yen 104.92 (104.62), Chinese Yuan 6.8266 (6.8135)

Asian Stock Exchanges at mid-day were higher - (Dow Jones – up 276.74 to 11,239.28 points)

STI 2,879.65 up 44.33 points,  KLCI 1,115.17 down 4.25 points ,  Jakarta Composite Index 2,215.90 down 2.23 points, Hang Seng Index : 21,768.58 up 545.08 points,  Nikkei 225 : 12,878.60 up 117.80 points

Petroleum Oil Prices    

In US closing Light Sweet Crude for Aug delivery closed down USD4.14 to USD134.60 per barrel.                 In Asian trading hours midday Aug delivery closed up USD0.30 to USD134.90 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 1573 +31, Sept 1558 +30, Nov 1548 +32

Soyoil  :  Aug 64.09 +1.06, Sept 64.46 +1.06, Oct 64.83 +1.07

Mid-day E-CBOT :

Soybeans   :   Aug 1576.75 +3.75, Sept 156.750 +2.75, Nov 1549.50 +1.5

Soyoil  :  Aug 64.00 -0.09, Sept 64.51 +0.05, Oct 65.00 +0.17

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

Soybeans   :   Nov 5126 +15, Jan 4975 +58, Mar 4963 +55

Soyoil  :  Sept 11436 +58, Nov 11470 +76,

Palm Oil     :  Sept 10334 -16

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Aug 2008                 3444   -23        3469           3444                  26 lots

Sept 2008                3450   -25        3487           3450                 996 lots

Oct 2008                  3455  -11           3499           3455                 2713 lots

Nov 2008                 3460  -18           3497           3460                  750 lots

 

Volume at 12.30 p.m :    4,525 lots for the morning session

The open interest on the MDEX is at 50,471 lots (46,432 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      July 1192.50s, AS 1192.50s/1182.50b, OND 1195s/1185b fob PK/PGG

RBDP Oil   :              JAS 1160s, OND 1160s fob PK/PGG

RBDP Stearin    :      AS 935s PK/PGG

PFAD    :                   AS 690 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  July 1105s/1190b, AS 1105s/1190b, OND 1110s/1090b

Local Crude Palm Oil :   South - July RM 3490s/3450b,

Local CPKO :                 South -   July RM 247s

                                      Central -   July RM 247s

RBDPKO -                      July USD1420 pmt fob Malaysian ports.  

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