Asia Mid-Day Market Report - Thursday, August 7th 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 1.3832 (1.3773), Mal Ringgit 3.2830 (3.2755), Indo Rupiah 9103 (9063), Euro 1.5433 (1.5486) Indian Rupee 41.99 (42.36), Thai Baht 33.65 (33.62), Phil Pesos 43.750 (43.885), Japanese Yen 109.56 (108.37), Chinese Yuan 6.8580 (6.8420)
Asian Stock Exchanges at mid-day - (Dow Jones – up 40.30 to 11,656.07 points)
STI 2,828.12 down 58.66 points, KLCI 1,121.52 down 12.07 points , Jakarta Composite Index 2,187.94 up 0.74 points, Hang Seng Index : 22,079.51 up 129.76, Nikkei 225 : 13,059 down 195.89 points.
Petroleum Oil Prices
In US closing Light Sweet Crude for Sept delivery down USD0.59 to USD118.58 per barrel. In Asian trading hours midday Sep delivery closed up USD0.22 to USD118.80 per barrel.
CBOT closing yesterday :
Soybeans : Aug 1220.50 -42, Sept 1213.50 -45.5, Nov 1222 -26\\47
Soyoil : Aug 51.48 -1.5, Sept 51.67 -1.51, Oct 51.97 -1.53
Mid-day E-CBOT :
Soybeans : Aug 1230.50 +10, Sept 1226.75 +13.25, Nov 1238 +16
Soyoil : Aug 51.48 -1.5, Sept 52.55 +0.88, Oct 52.75 +0.78
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : Nov 4199 -88, Jan 4075 -40, Mar 4100 -29
Soyoil : Sept 8618 -118, Nov 8828 -38, Jan 9060 +14
Palm Oil : Sept 7766 -164, Jan 7896 -4
MDEX as at the morning close :
Month Last High Low Volume
Aug 2008 untraded
Sept 2008 2759 -33 2782 2740 310 lots
Oct 2008 2759 -31 2784 2735 3380 lots
Nov 2008 2757 -33 2782 2735 896 lots
Volume at 12.30 p.m : 4,832 lots for the morning session
The open interest on the MDEX is at 54,581 lots (55,277 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob : Aug 965s, Sept 965s, OND 955s/945, JFM 955s/945b fob PK/PGG, traded OND 947.50
RBDP Oil : AS 925s, OND 925s fob PK/PGG
RBDP Stearin : AS 750s PK/PGG
PFAD : AS 580s fob PK/PGG
CPO - FOB Belawan/Dumai : Aug 855s, Sept 855s/845b, OND 855s/845b
Local Crude Palm Oil : South - Aug RM 2800s/2760b,
Local CPKO : South - Aug RM 185s per pikul
Central - Aug RM 185s per pikul
RBDPKO : August USD1100 pmt fob Malaysian ports.
Please join our over 1070 members from 88 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 09:45PM Aug 06, 2008 by MarketReports admin in Asia Mid-Day |