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Tuesday Jul 22, 2008



Asia Mid-Day Market Report - Wednesday, July 23rd 2008


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

Sin Dollar 1.3580 (1.3514), Mal Ringgit 3.2395 (3.2420), Indo Rupiah 9140 (9162), Euro 1.5790 (1.5922) Indian Rupee 42.35 (42.815), Thai Baht 33.35 (33.32), Phil Pesos  44.403 (44.219), Japanese Yen 107.27 (106.44), Chinese Yuan 6.8285 (6.8191)

Asian Stock Exchanges at mid-day - (Dow Jones – up 135.16 to 11,602.50 points)

STI 2,955.88 up 65.22 points,  KLCI 1,128.96 up 19.39 points ,  Jakarta Composite Index 2,209.86 down 2.89 points, Hang Seng Index : 23,003.10 up 475.62 points,  Nikkei 225 : 13,355.88 up 188.47 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Sep delivery down USD3.40 to USD128.42 per barrel.                             In Asian trading hours midday Sep delivery closed down USD0.77 to USD127.65 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 1416.80 +7.25, Sept 1409.30 +4.25, Nov 1409 +6

Soyoil  :  Aug 60.13 +0.22, Sept 60.48 +0.23, Oct 60.82 +0.23

Mid-day E-CBOT :

Soybeans   :   Aug 1396 -20.75, Sept 1386 -23.25, Nov 1387.75 -21.25

Soyoil  :  Aug 59.07 -1.06, Sept 59.62 -0.86, Oct 59.80 -1.02

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

Soybeans   :   Nov 4708 -128, Jan 4510 -165, Mar 4533 -152

Soyoil  :  Sept 10154 -336, Nov 10170 -402, Jan 10298 -376

Palm Oil     :  Sept 9030 -400, Jan 9064 -370

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Aug 2008                 3060   -192     3184           3060                  43 lots

Sept 2008                3070   -167     3207           3070                 949 lots

Oct 2008                  3062  -190        3211           3061                 6724 lots

Nov 2008                 3058  -191        3210           3058                 1971 lots

 

Volume at 12.30 p.m :    10,434 lots for the morning session

The open interest on the MDEX is at 59,706 lots (56,722 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      AS 1100s/1085b, OND 1100s/1085b fob PK/PGG,

RBDP Oil   :              JAS 1060s, OND 1060s fob PK/PGG

RBDP Stearin    :      AS 870s PK/PGG

PFAD    :                   AS 645 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Aug 1000s/980b, Sept 1000s/995b, OND 1000s/995b

Local Crude Palm Oil :   South - July RM 3100s,

Local CPKO :                 South -   Aug RM 225s per pikul

                                      Central -   Aug RM 225s per pikul

RBDPKO :                      July USD1330 pmt fob Malaysian ports.  

 

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