Asia Mid-Day Market Report - Friday, August 1st 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 1.3685 (1.3672), Mal Ringgit 3.2595 (3.2620), Indo Rupiah 9080 (9115), Euro 1.5559 (1.5576) Indian Rupee 42.48 (42.51), Thai Baht 33.53 (33.53), Phil Pesos 44.109 (43.923), Japanese Yen 107.67 (107.98), Chinese Yuan 6.840 (6.8320)
Asian Stock Exchanges at mid-day - (Dow Jones – down 205.67 to 11,378.02 points)
STI 2,890.38 down 39.27 points, KLCI 1,158.21 down 4.88 points , Jakarta Composite Index 2,265.29 down 39.21 points, Hang Seng Index : 22,283.66 down 447.44 points, Nikkei 225 : 13,098.97 down 277.84 points.
Petroleum Oil Prices
In US closing Light Sweet Crude for Sept delivery down USD2.69 to USD124.08 per barrel. In Asian trading hours midday Sep delivery closed down USD0.59 to USD123.49 per barrel.
CBOT closing yesterday :
Soybeans : Aug 1395.8 +1.75, Sept 1394.3 -1.25, Nov 1404 -1
Soyoil : Aug 58.26 +0.09, Sept 58.51 -0.02, Oct 58.84 -0.01
Mid-day E-CBOT :
Soybeans : Aug 1377 -18.75, Sept 1375 -18.75, Nov 1384.50 -19.5
Soyoil : Aug 57.43 -0.83, Sept 57.62 -0.89, Oct 57.92 -0.92
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : Nov 4550 -130, Jan 4395 -157, Mar 4426 -124
Soyoil : Sept 9564 -340, Nov 9668 -296, Jan 9820 -300
Palm Oil : Sept 8592 -212, Jan 8598 -214
MDEX as at the morning close :
Month Last High Low Volume
Aug 2008 untraded
Sept 2008 2964 -80 3007 2952 326 lots
Oct 2008 2964 -86 2994 2948 3271 lots
Nov 2008 2965 -85 2995 2950 1139 lots
Volume at 12.30 p.m : 5,675 lots for the morning session
The open interest on the MDEX is at 54,911 lots (58,317 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob : Aug 1040s/1025b, Sept 1040s/1025b, OND 1035s/1020b, JFM 1040s/1025b fob PK/PGG,
RBDP Oil : AS 1000s, OND 1000s fob PK/PGG
RBDP Stearin : AS 830s PK/PGG
PFAD : AS 630s fob PK/PGG
CPO - FOB Belawan/Dumai : Aug 955s, Sept 950s, OND 945s/920b
Local Crude Palm Oil : South - Aug RM 3010s/2980b,
Local CPKO : South - Aug RM 211s per pikul
Central - Aug RM 211s per pikul
RBDPKO : August USD1210 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 09:43PM Jul 31, 2008 by MarketReports admin in Asia Mid-Day |