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Thursday Aug 21, 2008



Asia Mid-Day Market Report - Friday, August 22nd 2008


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

Sin Dollar 1.4055 (1.4134), Mal Ringgit 3.3390 (3.340), Indo Rupiah 9145 (9145), Euro 1.4874 (1.4772) Indian Rupee 43.32 (43.68), Thai Baht 33.90 (34.07), Phil Pesos  45.503 (45.605), Japanese Yen 108.95 (109.59), Chinese Yuan 6.8288 (6.8476)

Asian Stock Exchanges at mid-day - (Dow Jones – up 12.78 to 11,430.21 points)

STI 2,717.45 up 3.98 points,  KLCI 1,080.02 up 8.59 points ,  Jakarta Composite Index 2,117.61 up 29.36 points, Hang Seng Index : closed,  Nikkei 225 : 12,666.73 down 85.48 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Oct delivery up USD5.62 to USD121.18 per barrel.                                  In Asian trading hours midday Oct delivery closed up USD0.09 to USD121.27 per barrel.

CBOT closing yesterday :

Soybeans   :   Sept 1341 +47.25, Nov 1348 +48, Jan 1365.30 +48

Soyoil  :  Sept 55.56 +2.49, Oct 55.85 +2.5, Dec 56.36 +2.5

Mid-day E-CBOT :

Soybeans   :   Sept 1334.75 -6.25, Nov 1342 -6, Jan 1358 -7.25

Soyoil  :  Sept 55.69 +0.13, Oct 55.71 -0.14, Dec 56.48 +0.13

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

Soybeans   :   Nov 4304 -12, Jan 4290 +8, Mar 4261 -2

Soyoil  :  Sept 8982 +218, Nov 9182 +150, Jan 9574 +222

Palm Oil     :  Sept 8200 +270, Jan 7954 +16

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Sept 2008                2710   +65       2740           2710                    89 lots

Oct 2008                  2725   +75       2743           2709                   535 lots

Nov 2008                 2728  +75         2743           2705                  5241 lots

 

Volume at 12.30 p.m :    6,852 lots in the morning session

The open interest on the MDEX is at 52,745 lots (53,416 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Sept 925s, OND 920s/910b, JFM 922.50s/919b fob PK/PGG, traded OND 917.50

RBDP Oil   :              Sept 890s, OND 890s fob PK/PGG

RBDP Stearin    :      Sept 740s PK/PGG

PFAD    :                   Sept 575s fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Sept 820s/800b, OND 820s/800b, JFM 825s/800b

Local Crude Palm Oil :   South - Aug RM 2730s/2700b, traded 2720 to 2740

Local CPKO :                 South -   Sept RM 197s per pikul

                                      Central -   Sept RM 197s per pikul

RBDPKO :                      Sept  USD1160 pmt fob Malaysian ports.  

 

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