GateTrade

Market Reports

 
Member-Only Reports    
   
Thursday Jul 24, 2008



Asia Mid-Day Market Report - Friday, July 25th 2008


This report is the property of GateTrade.    The scanning, uploading and distributing of this report via the internet or any other means without the permission of GateTrade is illegal and punishable by law


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

Sin Dollar 1.3593 (1.3616), Mal Ringgit 3.2505 (3.2420), Indo Rupiah 9132 (9129), Euro 1.5697 (1.5701) Indian Rupee 42.28 (41.89), Thai Baht 33.44 (33.43), Phil Pesos  43.910 (43.863), Japanese Yen 106.83 (107.82), Chinese Yuan 6.8226 (6.8275)

Asian Stock Exchanges at mid-day - (Dow Jones – down 283.10 to 11,349.28 points)

STI 2,918.69 down 59.22 points,  KLCI 1,134.09 down 7.50 points ,  Jakarta Composite Index 2,241.89 down 15.16 points, Hang Seng Index : 22,641.04 down 446.68 points,  Nikkei 225 : 13,343.75 down 269.64 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Sept delivery up USD1.05 to USD125.49 per barrel.                        In Asian trading hours midday Sep delivery closed up USD0.73 to USD126.22 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 1385 -9.3, Sept 1373 -12.8, Nov 1373 -11

Soyoil  :  Aug 58.93 +0.38, Sept 59.25 +0.38, Oct 59.58 +0.37

Mid-day E-CBOT :

Soybeans   :   Aug 1390 +5, Sept 1380.50 +7.5, Nov 1379 +6

Soyoil  :  Aug 58.70 -0.23, Sept 59.11 -0.14, Oct 59.35 -0.23

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

Soybeans   :   Nov 4710 -15, Jan 4557 -7, Mar 4597 +1

Soyoil  :  Sept 10110 +28, Nov 10072 -52, Jan 10318 -18

Palm Oil     :  Sept 9148 +112, Jan 9120 +22

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Aug 2008                 3085   -50       3085           3085                      8 lots

Sept 2008                3081   -39       3119           3071                   341 lots

Oct 2008                  3079  -34          3116           3065                 2383 lots

Nov 2008                 3076  -35          3110           3065                   933 lots

 

Volume at 12.30 p.m :    3,857 lots for the morning session

The open interest on the MDEX is at 56,938 lots (60,110 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 860s PK/PGG

PFAD    :                   AS 640 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Aug 990s/975b, Sept 990s/980b, OND 985s/980b

Local Crude Palm Oil :   South - July RM 3180s/3100b,

Local CPKO :                 South -   Aug RM 221s per pikul

                                      Central -   Aug RM 221s per pikul

RBDPKO :                      July USD1300 pmt fob Malaysian ports.  

 

Please join our over 1020 members from 87 countries and register at www.gatetrade.com to start trading. Registration is free. Only members will be able to post buy/sell positions and to view trades.