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Sunday Aug 03, 2008



Asia Mid-Day Market Report - Monday, August 4th 2008


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

Sin Dollar 1.3691 (1.3685), Mal Ringgit 3.265 (3.2595), Indo Rupiah 9096 (9080), Euro 1.5579 (1.5559) Indian Rupee 42.385 (42.48), Thai Baht 33.52 (33.53), Phil Pesos  43.90 (44.109), Japanese Yen 107.71 (107.67), Chinese Yuan 6.846 (6.8420)

Asian Stock Exchanges at mid-day - (Dow Jones – down 51.70 to 11,326.32 points)

STI 2,874.78 down 31.29 points,  KLCI 1,153.37 down 5.73 points ,  Jakarta Composite Index 2,227.70 down 21.05 points, Hang Seng Index : 22,659.63 down 202.97 points,  Nikkei 225 : 13,018.44 down 76.15 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Sept delivery up USD1.02 to USD125.10 per barrel.                                In Asian trading hours midday Sep delivery closed up USD1.20 to USD126.30 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 1357.8 -38, Sept 1355.5 -38.75, Nov 1365 -39

Soyoil  :  Aug 56.61 -1.65, Sept 56.83 -1.68, Oct 57.16 -1.68

Mid-day E-CBOT :

Soybeans   :   Aug 1329.50 -28.25, Sept 1326 -29.5, Nov 1336 -29

Soyoil  :  Aug 55.51 -1.1, Sept 55.70 -1.13, Oct 56.00 -1.16

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

Soybeans   :   Nov 4429 -116, Jan 4256 -143, Mar 4300 -140

Soyoil  :  Sept 9098 -478, Nov 9166 -482, Jan 9330 -490

Palm Oil     :  Sept 8200 -408, Oct 8300 -434, Jan 8194 -402

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Aug 2008                 untraded

Sept 2008                2862   -88       2862           2827                   273 lots

Oct 2008                  2855  -95          2860           2820                 3563 lots

Nov 2008                 2858  -91          2858           2824                  1272 lots

 

Volume at 12.30 p.m :    5,270 lots for the morning session

The open interest on the MDEX is at 56,305 lots (54,911 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Aug 1000s/990b, Sept 1000s/990b, OND 995s/987.50b, JFM 1000s/990b fob PK/PGG, traded OND 990 + 987.50

RBDP Oil   :              AS 1000s, OND 1000s fob PK/PGG

RBDP Stearin    :      AS 800s PK/PGG

PFAD    :                   AS 610s fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Aug 910s, Sept 910s, OND 905s

Local Crude Palm Oil :   South - Aug RM 2900s/2860b,

Local CPKO :                 South -   Aug RM 204s per pikul

                                      Central -   Aug RM 204s per pikul

RBDPKO :                      August USD1180 pmt fob Malaysian ports.  

 

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