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Wednesday Aug 13, 2008



Asia Mid-Day Market Report - Thursday, August 14th 2008


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

Sin Dollar 1.4078 (1.4057), Mal Ringgit 3.3280 (3.3145), Indo Rupiah 9178 (9167), Euro 1.4890 (1.4922) Indian Rupee 42.87 (42.63), Thai Baht 33.67 (33.66), Phil Pesos  44.655 (44.55), Japanese Yen 109.42 (108.83), Chinese Yuan 6.8600 (6.8612)

Asian Stock Exchanges at mid-day - (Dow Jones – down 109.51 to 11,532.96 points)

STI 2,809.90 down 1.99 points,  KLCI 1,109.88 down 2.65 points ,  Jakarta Composite Index 2,087.10 up 23.58 points, Hang Seng Index : 21,268.78 down 24.54,  Nikkei 225 : 13,004.78 down 18.27 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Sept delivery up USD2.99 to USD116.00 per barrel.                                In Asian trading hours midday Sep delivery closed up USD0.82 to USD116.82 per barrel.

CBOT closing yesterday :

Soybeans   :   Aug 1270 +50, Sept 1277.50 +70, Nov 1284 +70

Soyoil  :  Aug 52.29 +2.46, Sept 52.47 +2.5, Oct 52.76 +2.5

Mid-day E-CBOT :

Soybeans   :   Aug 1291 +21, Sept 1291 +13.5, Nov 1299.50 +15.5

Soyoil  :  Sept 52.67 +0.20, Oct 52.93 +0.17, Dec 53.45 +0.17

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

Soybeans   :   Nov 4238 +57, Jan 4184 +68, Mar 4178 +65

Soyoil  :  Sept 8280 +216, Nov 8586 +258, Jan 8998 +232

Palm Oil     :  Sept 7610 +216, Jan 7774 +14

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Aug 2008                 untraded  

Sept 2008                2635   +84       2650           2622                   771 lots

Oct 2008                  2630  +82         2656           2615                 4240 lots

Nov 2008                 2629  +79         2658           2615                  1121 lots

 

Volume at 12.30 p.m :    6,595 lots for the morning session

The open interest on the MDEX is at 52,667 lots (52,639 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Sept 915s, OND 900s/890b, JFM 905s/895b fob PK/PGG, traded OND 900 + 895

RBDP Oil   :              AS 875s, OND 865s fob PK/PGG

RBDP Stearin    :      AS 705s PK/PGG

PFAD    :                   AS 555s fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Sept 800s/790b, OND 800s/790b traded OND 795

Local Crude Palm Oil :   South - Aug RM 2650s/2635b, traded 2650 to 2655

Local CPKO :                 South -   Aug RM 189s per pikul

                                      Central -   Aug RM 189s per pikul

RBDPKO :                      August USD1085 pmt fob Malaysian ports.  

 

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