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Wednesday Jul 23, 2008



Asia Mid-Day Market Report - Thursday, July 24th 2008


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

Sin Dollar 1.3616 (1.3580), Mal Ringgit 3.2420 (3.2395), Indo Rupiah 9129 (9140), Euro 1.5701 (1.5790) Indian Rupee 41.89 (42.35), Thai Baht 33.43 (33.35), Phil Pesos  43.863 (44.403), Japanese Yen 107.82 (107.27), Chinese Yuan 6.8275 (6.8285)

Asian Stock Exchanges at mid-day - (Dow Jones – up 29.88 to 11,632.38 points )

STI 2,978.07 down 0.89 points,  KLCI 1,134.53 down 4.88 points ,  Jakarta Composite Index 2,224.68 down 1.16 points, Hang Seng Index : 23,265.53 up 130.98 points,  Nikkei 225 : 13,571.35 up 258.42 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Sep delivery down USD3.98 to USD124.44 per barrel.                             In Asian trading hours midday Sep delivery closed down USD0.01 to USD124.43 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 1394.30 -22.5, Sept 1385.80 -23.5, Nov 1384 -25

Soyoil  :  Aug 58.55 -1.58, Sept 58.87 -1.61, Oct 59.21 -1.61

Mid-day E-CBOT :

Soybeans   :   Aug 1405 +10.75, Sept 1399.25 +13.5, Nov 1397.25 +13.25

Soyoil  :  Aug 59.15 +0.6, Sept 59.46 +0.59, Oct 59.70 +0.49

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

Soybeans   :   Nov 4725 +22, Jan 4565 +55, Mar 4590 +48

Soyoil  :  Sept 10178 -56, Nov 10200 -124, Jan 10422 +18

Palm Oil     :  Sept 9128 +32, Jan 9208 +80

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Aug 2008                 3090   +40      3090           3085                      9 lots

Sept 2008                3090   +55      3090           3045                1005 lots

Oct 2008                  3086  +59         3087           3041                 3092 lots

Nov 2008                 3082  +102       3082           3055                   970 lots

 

Volume at 12.30 p.m :    4,633 lots for the morning session

The open interest on the MDEX is at 60,110 lots (59,706 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      AS 1090s/1080b, OND 1090s/1080b, JFM 1092.50s fob PK/PGG,

RBDP Oil   :              JAS 1050s, OND 1050s fob PK/PGG

RBDP Stearin    :      AS 880s PK/PGG

PFAD    :                   AS 640 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Aug 990s/970b, Sept 990s/970b, OND 985s/975b

Local Crude Palm Oil :   South - July RM 3150s/3130b,

Local CPKO :                 South -   Aug RM 221s per pikul

                                      Central -   Aug RM 221s per pikul

RBDPKO :                      July USD1310 pmt fob Malaysian ports.  

 

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