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Friday Jul 25, 2008



Asia Closing Market Report - Friday, July 25th 2008


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Asian Currencies and Euro at our close 

Sin Dollar 1.3589 (1.3607), Mal Ringgit 3.2480 (3.2520), Indo Rupiah 9117 (9127), Euro 1.5721 (1.5687) Indian Rupee 42.295 (42.165), Thai Baht 33.42 (33.44), Phil Pesos  43.801 (43.967), Japanese Yen 107.13 (107.63), Chinese Yuan 6.8184 (6.8287)

Asian Stock Exchanges at our close:

STI 2,922.91 down 55.0 points,  KLCI 1,141.75 up 0.16 points ,  Jakarta Composite Index 2,245.34 down 11.71 points, Hang Seng Index : 22,740.71 down 347.01 points,  Nikkei 225 : 13,334.76 down 268.55 points.

Petroleum Oil Prices           

In Asian trading hours, Light Sweet Crude for Sep delivery was up USD0.41 at USD125.90 per barrel.   

E-CBOT Prices at our close:

Soybeans   :   Aug 1394 +9, Sept 1383.5 +10.5, Nov 1383 +10

Soyoil  :  Aug 58.79 -0.14, Sept 59.09 -0.16, Oct 59.42 -0.16

Closing of The Dalian Commodity Exchange - one lot equals to 10 metric tons

Soybeans   :   Nov 4746 +21, Jan 4577 +13, Mar 4619 +23

Soyoil  :  Nov 10118 -6, Jan 10328 -8, Mar 10316 -68

Palm Oil     :  Sept 9202 +166, Jan 9220 +122

1-25days July Palm Exports vs June (pmt) :

ITS       1,132,797          vs         899,327 +26%

SGS     1,115,660          vs          926,345           +20.4%

MDEX as at the close :

Month                      Last                High           Low            Volume

Aug 2008                 3090   -45       3090           3085              13 lots

Sept 2008                3080   -40       3119           3071             572 lots

Oct 2008                  3070   -43       3116           3065            4070 lots

Nov 2008                 3067   -44       3110           3065            1291 lots

Volume at 6.00 p.m :    6,300 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 1075s/1065b, OND 1075s/1065b, JFM 1080s/1075 fob PK/PGG,

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

RBDP Stearin    :      AS 860s PK/PGG

PFAD    :                   AS 640s fob PK/PGG  

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

Local Crude Palm Oil :   South - July RM 3170s/3100b,

Local CPKO :                 South -   Aug RM 221s per pikul

                                      Central -   Aug RM 221s per pikul

RBDPKO :                      July USD1300 pmt fob Malaysian ports.  

 

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