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Thursday Aug 07, 2008



Asia Mid-Day Market Report - Friday, August 8th 2008


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

Sin Dollar 1.3973 (1.3832), Mal Ringgit 3.2950 (3.2830), Indo Rupiah 9158 (9103), Euro 1.5226 (1.5433) Indian Rupee 42.15 (41.99), Thai Baht 33.675 (33.65), Phil Pesos  44.022 (43.750), Japanese Yen 109.60 (109.56), Chinese Yuan 6.8610 (6.8580)

Asian Stock Exchanges at mid-day - (Dow Jones – down 224.64 to 11,431.43 points)

STI 2,820.07 down 14.64 points,  KLCI 1,122.46 down 7.10 points ,  Jakarta Composite Index 2,198.41 down 0.60 points, Hang Seng Index : 22,107.46 up 3.26,  Nikkei 225 : 13,236.38 up 111.39 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Sept delivery up USD1.44 to USD120.02 per barrel.                                In Asian trading hours midday Sep delivery closed down USD0.37 to USD119.65 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 1243 +22.5, Sept 1234.5 +21, Nov 1239 +17

Soyoil  :  Aug 52.09 +0.61, Sept 52.27 +0.6, Oct 52.28 +0.61

Mid-day E-CBOT :

Soybeans   :   Aug 1237 -6, Sept 1227.25 -7.25, Nov 1235.50 -3.5

Soyoil  :  Aug untraded, Sept 52.02 -0.25, Oct 52.47 -0.11

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

Soybeans   :   Nov 4212 -4, Jan 4095 -40, Mar 4111 -28

Soyoil  :  Sept 8418 -158, Nov 8760 -44, Jan 8974 -40

Palm Oil     :  Sept 7530 -194, Oct 7500 -386, Nov 7728 -100

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Aug 2008                 2852   +12       2852           2850                    29 lots  

Sept 2008                2850   +12       2850           2794                   505 lots

Oct 2008                  2848  +3           2864           2798                 3184 lots

Nov 2008                 2850  -1            2860           2790                  1024 lots

 

Volume at 12.30 p.m :    4,837lots for the morning session

The open interest on the MDEX is at 53,448 lots (54,581 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Sept 980s/970b, OND 977.50s/970, JFM 980s/970b fob PK/PGG,

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

RBDP Stearin    :      AS 760s PK/PGG

PFAD    :                   AS 580s fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Sept 875s, OND 875s/865b

Local Crude Palm Oil :   South - Aug RM 2860s/2850b, traded 2850 to 2860

Local CPKO :                 South -   Aug RM 191s per pikul

                                      Central -   Aug RM 191s per pikul

RBDPKO :                      August USD1120 pmt fob Malaysian ports.  

 

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