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Tuesday Aug 05, 2008



Asia Mid-Day Market Report - Wednesday, August 6th 2008


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

Sin Dollar 1.3773 (1.3739), Mal Ringgit 3.2755 (3.2680), Indo Rupiah 9063 (9083), Euro 1.5486 (1.5533) Indian Rupee 42.36 (42.36), Thai Baht 33.62 (33.58), Phil Pesos  43.885 (44.319), Japanese Yen 108.37 (108.19), Chinese Yuan 6.8420 (6.8511)

Asian Stock Exchanges at mid-day - (Dow Jones – up 331.62 to 11,615.77 points)

STI 2,897.12 up 36.61 points,  KLCI 1,134.67 up 5.81 points ,  Jakarta Composite Index 2,200.03 up 14.41 points, Hang Seng Index : closed,  Nikkei 225 : 13,279.14 up 364.48 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Sept delivery down USD2.24 to USD119.17 per barrel.                            In Asian trading hours midday Sep delivery closed down USD0.78 to USD118.39 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 1262.50 -24.5, Sept 1259 -26.5, Nov 1269 -26

Soyoil  :  Aug 52.98 -1.12, Sept 53.18 -1.15, Oct 53.50 -1.16

Mid-day E-CBOT :

Soybeans   :   Aug 1257 -5.5, Sept 1252.50 -6.5, Nov 1263.25 -5.75

Soyoil  :  Aug 53.00 +0.02, Sept 53.30 +0.12, Oct 54.02 +0.52

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

Soybeans   :   Nov 4305 +125, Jan 4110 +80, Mar 4123 +67

Soyoil  :  Sept 8774 +74, Nov 8908 +128, Jan 9082 +146

Palm Oil     :  Sept 7912 +84, Jan 7962 +164

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Aug 2008                 untraded

Sept 2008                2734   -16       2806           2720                   851 lots

Oct 2008                  2730  -20          2803           2710                 3059 lots

Nov 2008                 2730  -30          2830           2710                  1026 lots

 

Volume at 12.30 p.m :    5,491 lots for the morning session

The open interest on the MDEX is at 55,277 lots (55,961 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Aug 960s, Sept 960s, OND 950s/942.50, JFM 950s/942.50b fob PK/PGG, traded OND 947.50 + 945

RBDP Oil   :              AS 920s, OND 910s fob PK/PGG

RBDP Stearin    :      AS 740s PK/PGG

PFAD    :                   AS 590s fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Aug 850s, Sept 850s, OND 850s/835b

Local Crude Palm Oil :   South - Aug RM 2800s/2750b, traded 2800

Local CPKO :                 South -   Aug RM 190s per pikul

                                      Central -   Aug RM 190s per pikul

RBDPKO :                      August USD1110 pmt fob Malaysian ports.  

 

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