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Monday Aug 11, 2008



Asia Mid-Day Market Report - Tuesday, August 12th 2008


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

Sin Dollar 1.4100 (1.4070), Mal Ringgit 3.3325 (3.3160), Indo Rupiah 9180 (9190), Euro 1.4874 (1.4978) Indian Rupee 42.32 (41.94), Thai Baht 33.70 (33.73), Phil Pesos  44.35 (44.396), Japanese Yen 110.18 (110.01), Chinese Yuan 6.8612 (6.8648)

Asian Stock Exchanges at mid-day - (Dow Jones – up 48.03 to 11,782.35 points)

STI 2,838.82 up 13.43 points,  KLCI 1,119.13 down 8.33 points ,  Jakarta Composite Index 2,091.46 down 42.45 points, Hang Seng Index : 22,236.88 up 377.54,  Nikkei 225 : 13,374.19 down 57.97 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Sept delivery up USD0.26 to USD114.71 per barrel.                                In Asian trading hours midday Sep delivery closed down USD0.50 to USD113.95 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 1215 +16, Sept 1189.50 +12.5, Nov 1196 +15.5

Soyoil  :  Aug 50.41 +0.02, Sept 50.58 +0.01, Oct 50.88 +0.01

Mid-day E-CBOT :

Soybeans   :   Aug 1209.50 -5.5, Sept 1190 +0.5, Nov 1197.75 +1.75

Soyoil  :  Sept 50.52 -0.06, Oct 50.93 +0.05, Dec 51.48 +0.03

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

Soybeans   :   Nov 4083 +69, Jan 3982 +87, Mar 3985 +10

Soyoil  :  Sept 7900 -222, Nov 8200 -172, Jan 8644 +18

Palm Oil     :  Sept 7232 +20, Jan 7578 +128

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Aug 2008                 2650   -26        2650           2650                     1 lots  

Sept 2008                2657   -17        2667           2640                   223 lots

Oct 2008                  2660  -11          2675           2628                 3349 lots

Nov 2008                 2656  -14          2664           2627                  1376 lots

 

Volume at 12.30 p.m :    5,285 lots for the morning session

The open interest on the MDEX is at 53,630 lots (52,287 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Sept 925s/900b, OND 920s/905, JFM 925s/910b fob PK/PGG,

RBDP Oil   :              AS 895s, OND 895s fob PK/PGG

RBDP Stearin    :      AS 730s PK/PGG

PFAD    :                   AS 555s fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Sept 820s, OND 820s/810b

Local Crude Palm Oil :   South - Aug RM 2700s/2660b,

Local CPKO :                 South -   Aug RM 186s per pikul

                                      Central -   Aug RM 186s per pikul

RBDPKO :                      August USD1075 pmt fob Malaysian ports.  

 

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