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Monday Jul 21, 2008



Asia Mid-Day Market Report - Tuesday, July 22nd 2008


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

Sin Dollar 1.3514 (1.3501), Mal Ringgit 3.2420 (3.2350), Indo Rupiah 9162 (9145), Euro 1.5922 (1.5868) Indian Rupee 42.815 (42.757), Thai Baht 33.32 (33.31), Phil Pesos  44.219 (44.147), Japanese Yen 106.44 (106.77), Chinese Yuan 6.8191 (6.8280)

Asian Stock Exchanges at mid-day - (Dow Jones – down 29.23 to 11,467.34 points)

STI 2,899.32 down 19.89 points,  KLCI 1,109.63 up 6.15 points ,  Jakarta Composite Index 2,204.21 up 9.15 points, Hang Seng Index : 22,523.63 down 9.27 points,  Nikkei 225 : 12,987.97 up 184.27 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Aug delivery closed up USD2.16 to USD131.04 per barrel.                      In Asian trading hours midday Aug delivery closed down USD0.50 to USD130.54 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 1409.5 -60.5, Sept 1405 -53.5, Nov 1403 -45

Soyoil  :  Aug 59.91 -2.18, Sept 60.25 -2.21, Oct 60.59 -2.23

Mid-day E-CBOT :

Soybeans   :   Aug 1422.50 +13, Sept 1418.25 +13.25, Nov 1415.25 +12.25

Soyoil  :  Aug 6051 +0.60, Sept 60.80 +0.55, Oct 61.12 +0.53

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

Soybeans   :   Nov 4839 +15, Jan 4648 -10, Mar 4652 -13

Soyoil  :  Sept 10488 -244, Nov 10546 -170, Jan 10660 -108

Palm Oil     :  Sept 9448 -172, Jan 9430 -102

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Aug 2008                 3269   +24      3270           3235                 115 lots

Sept 2008                3273   +28      3275           3223                 469 lots

Oct 2008                  3278  +18         3279           3225                 2384 lots

Nov 2008                 3279  +17         3279           3225                 1155 lots

 

Volume at 12.30 p.m :    4,310 lots for the morning session

The open interest on the MDEX is at 56,722 lots (57,250 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      AS 1140s/1130b, OND 1140s/1130b fob PK/PGG,

RBDP Oil   :              JAS 1100s, OND 1100s fob PK/PGG

RBDP Stearin    :      AS 905s PK/PGG

PFAD    :                   AS 670 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Aug 1045s/1040b, Sept 1045s/1030b, OND 1045s/1030b

Local Crude Palm Oil :   South - July RM 3310s/3280b,

Local CPKO :                 South -   Aug RM 233s per pikul

                                      Central -   Aug RM 233s per pikul

RBDPKO :                      July USD1360 pmt fob Malaysian ports.  

 

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