Asia Mid-Day Market Report - Tuesday, July 29th 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 1.3616 (1.3635), Mal Ringgit 3.2580 (3.2620), Indo Rupiah 9120 (9110), Euro 1.5744 (1.5711) Indian Rupee 42.73 (42.25), Thai Baht 33.47 (33.44), Phil Pesos 43.934 (43.730), Japanese Yen 107.38 (107.81), Chinese Yuan 6.8264 (6.8264)
Asian Stock Exchanges at mid-day - (Dow Jones – down 239.61 to 11,131.08 points)
STI 2,875.74 down 34.62 points, KLCI 1,147.11 down 6.98 points , Jakarta Composite Index 2,254.80 down 20.87 points, Hang Seng Index : 22,149.32 down 537.89 points, Nikkei 225 : 13,075.20 down 278.58 points.
Petroleum Oil Prices
In US closing Light Sweet Crude for Sept delivery up USD1.47 to USD124.73 per barrel. In Asian trading hours midday Sep delivery closed up USD0.30 to USD125.03 per barrel.
CBOT closing yesterday :
Soybeans : Aug 1400.3 +1.3, Sept 1396.3 +7.33, Nov 1396 +9.3
Soyoil : Aug 59.30 +0.13, Sept 59.63 +0.15, Oct 59.97 +0.16
Mid-day E-CBOT :
Soybeans : Aug 1391.50 -8.75, Sept 1386.75 -9.5, Nov 1387.50 -8.5
Soyoil : Aug 58.46 -0.84, Sept 58.90 -0.73, Oct 59.34 -0.63
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : Nov 4700 -56, Jan 4521 -104, Mar 4578 -79
Soyoil : Sept 9884 -296, Nov 9916 -298, Jan 10072 -338
Palm Oil : Sept 8976 -258, Jan 8966 -308
MDEX as at the morning close :
Month Last High Low Volume
Aug 2008 2965 -90 3003 2965 41 lots
Sept 2008 2960 -41 3016 2960 544 lots
Oct 2008 2965 -36 3017 2958 4007 lots
Nov 2008 2955 -46 3014 2955 720 lots
Volume at 12.30 p.m : 5,981 lots for the morning session
The open interest on the MDEX is at 57,925 lots (56,284 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob : Aug 1060s, Sept 1055s, OND 1050s/1040b, JFM 1055s fob PK/PGG,
RBDP Oil : AS 1020s, OND 1020s fob PK/PGG
RBDP Stearin : AS 835s PK/PGG
PFAD : AS 625s fob PK/PGG
CPO - FOB Belawan/Dumai : Aug 965s945b, Sept 960s, OND 955s/940b
Local Crude Palm Oil : South - Aug RM 3040s/3000b,
Local CPKO : South - Aug RM 216s per pikul
Central - Aug RM 216s per pikul
RBDPKO : July USD1270 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.
Posted at 09:47PM Jul 28, 2008 by MarketReports admin in Asia Mid-Day |