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Tuesday Jul 29, 2008



Asia Mid-Day Market Report - Wednesday, July 30th 2008


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

Sin Dollar 1.3660 (1.3616), Mal Ringgit 3.2610 (3.2580), Indo Rupiah 9118 (9120), Euro 1.5589 (1.5744) Indian Rupee 42.51 (42.73), Thai Baht 33.49 (33.47), Phil Pesos  44.075 (43.934), Japanese Yen 107.92 (107.38), Chinese Yuan 6.8364 (6.8264)

Asian Stock Exchanges at mid-day - (Dow Jones – up 266.48 to 11,397.56 points)

STI 2,917.89 up 31.33 points,  KLCI 1,161.70 up 10.90 points ,  Jakarta Composite Index 2,278.68 up 3.01 points, Hang Seng Index : 22,716.40 up 458.40 points,  Nikkei 225 : 13,331.29 up 171.84 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Sept delivery down USD2.54 to USD122.19 per barrel.                            In Asian trading hours midday Sep delivery closed down USD0.13 to USD122.06 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 1384.3 -16, Sept 1386.3 -10, Nov 1391 -5

Soyoil  :  Aug 57.83 -1.47, Sept 58.15 -1.48, Oct 58.47 -1.5

Mid-day E-CBOT :

Soybeans   :   Aug 1391.50 +6.25, Sept 1390 +3.75, Nov 1393.75 +2.75

Soyoil  :  Aug 57.71 -0.12, Sept 57.85 -0.30, Oct 58.35 -0.12

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

Soybeans   :   Nov 4671 +19, Jan 4528 +66, Mar 4520 +49

Soyoil  :  Sept 9786 -102, Nov 9832 -112, Jan 10026 -48

Palm Oil     :  Sept 8678 -260, Jan 8742 -106

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Aug 2008                 2922   -78       2963           2922                    156 lots

Sept 2008                2935   -34       2957           2915                   293 lots

Oct 2008                  2931  -38          2967           2909                 2982 lots

Nov 2008                 2922  -64          2965           2900                   445 lots

 

Volume at 12.30 p.m :    4,006 lots for the morning session

The open interest on the MDEX is at 58,698 lots (57,925 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Aug 1030s/1020b, Sept 1030s/1020b, OND 1030s/1022.50b, JFM 1032.50s/1025b fob PK/PGG, traded OND 1025

RBDP Oil   :              AS 990s, OND 990s fob PK/PGG

RBDP Stearin    :      AS 830s PK/PGG

PFAD    :                   AS 615s fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Aug 950s/935b, Sept 945s, OND 935s/925b

Local Crude Palm Oil :   South - Aug RM 2970s/2950b, traded 2970 to 2980

Local CPKO :                 South -   Aug RM 210s per pikul

                                      Central -   Aug RM 210s per pikul

RBDPKO :                      July USD1220 pmt fob Malaysian ports.  

 

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