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Tuesday Aug 19, 2008



Asia Mid-Day Market Report - Wednesday, August 20th 2008


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

Sin Dollar 1.4086 (1.4130), Mal Ringgit 3.3310 (3.3360), Indo Rupiah 9180 (9180), Euro 1.4769 (1.4695) Indian Rupee 43.725 (43.48), Thai Baht 34.12 (33.92), Phil Pesos  45.198 (45.303), Japanese Yen 109.84 (109.87), Chinese Yuan 6.8540 (6.8677)

Asian Stock Exchanges at mid-day - (Dow Jones – down 130.84 to 11,348.55 points)

STI 2,741.64 up 13.25 points,  KLCI 1,069.47 up 0.05 points ,  Jakarta Composite Index 2,058.19 up 15.69 points, Hang Seng Index : 20,803.47 up 319.10,  Nikkei 225 : 12,879.35 up 14.30 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Sept delivery up USD1.66 to USD114.53 per barrel.                                In Asian trading hours midday Sep delivery closed up USD0.45 to USD114.97 per barrel.

CBOT closing yesterday :

Soybeans   :   Sept 1267 -12, Nov 1276 -13, Jan 1294 -12.75

Soyoil  :  Sept 52.38 -0.14, Oct 52.65 -0.16, Dec 53.18 -0.15

Mid-day E-CBOT :

Soybeans   :   Sept 1289.75 +22.75, Nov 1298.50 +22.5, Jan 1316.75 +22.75

Soyoil  :  Sept 53.08 +0.70, Oct 53.17 +0.52, Dec 53.89 +0.71

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

Soybeans   :   Nov 4314 +75, Jan 4261 +81, Mar 4240 +83

Soyoil  :  Sept 8498 +300, Nov 8730 +270, Jan +290

Palm Oil     :  Sept 7510 +54, Jan 7812 +212

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Sept 2008                2522   +97       2524           2490                   161 lots

Oct 2008                  2524   +94       2527           2470                   599 lots

Nov 2008                 2520  +84         2526           2467                  2981 lots

 

Volume at 12.30 p.m :    4,258 lots in the morning session

The open interest on the MDEX is at 52,858 lots (52,190 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Sept 875s, OND 870s/855b, JFM 872.50s/860b fob PK/PGG,

RBDP Oil   :              Sept 840s, OND 840s fob PK/PGG

RBDP Stearin    :      AS 665s PK/PGG

PFAD    :                   AS 540s fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Sept 770s, OND 770s/750b,

Local Crude Palm Oil :   South - Aug RM 2525s/2520b, traded 2510 to 2520

Local CPKO :                 South -   Sep RM 188s per pikul

                                      Central -   Sep RM 188s per pikul

RBDPKO :                      August USD1080 pmt fob Malaysian ports.  

 

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