Asia Mid-Day Market Report - Thursday, July 31st 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 1.3672 (1.3660), Mal Ringgit 3.2620 (3.2610), Indo Rupiah 9115 (9118), Euro 1.5576 (1.5589) Indian Rupee 42.51 (42.51), Thai Baht 33.53 (33.49), Phil Pesos 43.923 (44.075), Japanese Yen 107.98 (107.92), Chinese Yuan 6.8320 (6.8364)
Asian Stock Exchanges at mid-day - (Dow Jones – up 266.48 to 11,397.56 points)
STI 2,938.24 up 12.74 points, KLCI 1,162.17 up 2.23 points , Jakarta Composite Index 2,314.70 up 36.02 points, Hang Seng Index : 22,806.63 up 116.03 points, Nikkei 225 : 13,322.76 down 45.03 points.
Petroleum Oil Prices
In US closing Light Sweet Crude for Sept delivery up USD4.58 to USD126.77 per barrel. In Asian trading hours midday Sep delivery closed down USD0.13 to USD126.64 per barrel.
CBOT closing yesterday :
Soybeans : Aug 1394 +9.75, Sept 1395.5 +9.25, Nov 1405 +14
Soyoil : Aug 58.26 +0.43, Sept 58.53 +0.38, Oct 58.85 +0.38
Mid-day E-CBOT :
Soybeans : Aug 1393.50 -0.5, Sept 1394.25 -1.25, Nov 1403 -2
Soyoil : Aug 58.10 -0.16, Sept 58.30 -0.23, Oct 58.73 -0.12
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : Nov 4700 +49, Jan 4543 +29, Mar 4545 +29
Soyoil : Sept 9900 +120, Nov 9996 +160, Jan 10142 +166
Palm Oil : Sept 8790 +118, Jan 8854 +138
MDEX as at the morning close :
Month Last High Low Volume
Aug 2008 3044 +44 3050 3035 7 lots
Sept 2008 3050 +61 3052 3021 194 lots
Oct 2008 3046 +54 3054 3015 2484 lots
Nov 2008 3045 +49 3008 3050 643 lots
Volume at 12.30 p.m : 3,566 lots for the morning session
The open interest on the MDEX is at 58,317 lots (58,317 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob : Aug 1055s/1050b, Sept 1055s/1045b, OND 1050s/1045b, JFM 1055s/1047.50b fob PK/PGG, traded OND 1045
RBDP Oil : AS 1015s, OND 1015s fob PK/PGG
RBDP Stearin : AS 840s PK/PGG
PFAD : AS 640s fob PK/PGG
CPO - FOB Belawan/Dumai : Aug 960s/945b, Sept 955s, OND 950s/940b
Local Crude Palm Oil : South - Aug RM 3070s/3050b, traded 3050 to 3060
Local CPKO : South - Aug RM 213s per pikul
Central - Aug RM 213s per pikul
RBDPKO : July USD1220 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 09:53PM Jul 30, 2008 by MarketReports admin in Asia Mid-Day |