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Monday Aug 04, 2008



Asia Mid-Day Market Report - Tuesday, August 5th 2008


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

Sin Dollar 1.3739 (1.3691), Mal Ringgit 3.2680 (3.265), Indo Rupiah 9083 (9096), Euro 1.5533 (1.5579) Indian Rupee 42.36 (42.385), Thai Baht 33.58 (33.52), Phil Pesos  44.319 (43.90), Japanese Yen 108.19 (107.71), Chinese Yuan 6.8511 (6.846)

Asian Stock Exchanges at mid-day - (Dow Jones – down 42.17 to 11,284.15 points)

STI 2,835.88 down 40.20 points,  KLCI 1,129.15 down 19.53 points ,  Jakarta Composite Index 2,193.48 down 34.20 points, Hang Seng Index : 22,012.03 down 502.89 points,  Nikkei 225 : 12,970.30 up 37.12 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Sept delivery down USD3.69 to USD121.41 per barrel.                            In Asian trading hours midday Sep delivery closed down USD1.03 to USD120.38 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 1287 -70.75, Sept 1285.5 -70, Nov 1295 -70

Soyoil  :  Aug 54.10 -2.51, Sept 54.33 -2.5, Oct 54.66 -2.5

Mid-day E-CBOT :

Soybeans   :   Aug 1263 -24, Sept 1258 -27.5, Nov 1269 -26

Soyoil  :  Aug 53.10 -1.0, Sept 53.34 -0.99, Oct 53.64 -1.02

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

Soybeans   :   Nov 4195 -204, Jan 4030 -212, Mar 4056 -213

Soyoil  :  Sept 8742 -392, Nov 8778 -460, Jan 8948 -436

Palm Oil     :  Sept 7858 -410, Jan 7796 -410

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Aug 2008                 2800   -96       2808           2800                    15 lots

Sept 2008                2770   -120     2790           2745                   488 lots

Oct 2008                  2780  -110        2787           2750                 2059 lots

Nov 2008                 2777  -113        2784           2750                  1094 lots

 

Volume at 12.30 p.m :    3,788 lots for the morning session

The open interest on the MDEX is at 55,961 lots (56,305 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Aug 980s/950b, Sept 980s/950b, OND 965s/950b, JFM 970s/955b fob PK/PGG, traded OND 950

RBDP Oil   :              AS 940s, OND 930s fob PK/PGG

RBDP Stearin    :      AS 770s PK/PGG

PFAD    :                   AS 600s fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Aug 875s/860b, Sept 870s/850b, OND 870s/850b

Local Crude Palm Oil :   South - Aug RM 2800s/2780b, traded 2800

Local CPKO :                 South -   Aug RM 200s per pikul

                                      Central -   Aug RM 200s per pikul

RBDPKO :                      August USD1160 pmt fob Malaysian ports.  

 

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