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Sunday Aug 10, 2008



Asia Mid-Day Market Report - Monday, August 11th 2008


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

Sin Dollar 1.4070 (1.3973), Mal Ringgit 3.3160 (3.2950), Indo Rupiah 9190 (9158), Euro 1.4978 (1.5226) Indian Rupee 41.94 (42.15), Thai Baht 33.73 (33.675), Phil Pesos  44.396 (44.022), Japanese Yen 110.01 (109.60), Chinese Yuan 6.8648 (6.8610)

Asian Stock Exchanges at mid-day - (Dow Jones – up 302.89 to 11,734.32 points)

STI 2,838.09 up 30.55 points,  KLCI 1,126.08 up 5.77 points ,  Jakarta Composite Index 2,159.83 down -36.10 points, Hang Seng Index : 22,211.83 up 326.62,  Nikkei 225 : 13,447.77 up 279.36 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Sept delivery down USD4.82 to USD115.20 per barrel.                            In Asian trading hours midday Sep delivery closed up USD1.13 to USD116.33 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 1199 -44, Sept 1177 -57.5, Nov 1180.50 -58.5

Soyoil  :  Aug 50.39 -1.7, Sept 50.57 -1.7, Oct 50.87 -1.71

Mid-day E-CBOT :

Soybeans   :   Aug 1196.75 -2.25, Sept 1175 -2, Nov 1181.25 +0.75

Soyoil  :  Sept 50.33 -0.24, Oct 50.62 -0.25, Dec 51.40 -0.1

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

Soybeans   :   Nov 4061 -151, Jan 3913 -178, Mar 3975 -121

Soyoil  :  Sept 8110 -426, Nov 8322 -430, Jan 8614 -414

Palm Oil     :  Sept 7230 -348, Oct 7274 -382, Jan 7520 -280

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Aug 2008                 2700   -87        2720           2700                   631 lots  

Sept 2008                2679   -106      2722           2676                   636 lots

Oct 2008                  2674  -105        2728           2662                 4567 lots

Nov 2008                 2673  -107        2725           2661                  1316 lots

 

Volume at 12.30 p.m :    7,291 lots for the morning session

The open interest on the MDEX is at 52,287 lots (53,448 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Sept 945s, OND 940s/910, JFM 945s/920b fob PK/PGG,

RBDP Oil   :              AS 905s, OND 905s fob PK/PGG

RBDP Stearin    :      AS 730s PK/PGG

PFAD    :                   AS 570s fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Sept 840s820b, OND 840s

Local Crude Palm Oil :   South - Aug RM 2730s/2660b,

Local CPKO :                 South -   Aug RM 187s per pikul

                                      Central -   Aug RM 187s per pikul

RBDPKO :                      August USD1090 pmt fob Malaysian ports.  

 

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