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Monday Aug 25, 2008



Asia Mid-Day Market Report - Tuesday, August 26th 2008


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

Sin Dollar 1.4199 (1.4188), Mal Ringgit 3.3880 (3.3670), Indo Rupiah 9180 (9154), Euro 1.4709 (1.4710) Indian Rupee 44.06 (43.58), Thai Baht 34.22 (34.12), Phil Pesos  45.980 (45.410), Japanese Yen 109.58 (110.09), Chinese Yuan 6.8462 (6.8434)

Asian Stock Exchanges at mid-day - (Dow Jones – down 241.81 to 11,386.25 points)

STI 2,697.15 down 36.30 points,  KLCI 1,068.23 down 10.50 points ,  Jakarta Composite Index 2,103.68 down 23.54 points, Hang Seng Index : 20,872.02 down 232.77,  Nikkei 225 : 12,786.41 down 99.99 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Oct delivery up USD0.52 to USD115.11 per barrel.                                  In Asian trading hours midday Oct delivery closed up USD0.23 to USD115.34 per barrel.

CBOT closing yesterday :

Soybeans   :   Sept 1339.30 +18.25, Nov 1347 +20, Jan 1364.50 +20

Soyoil  :  Sept 54.52 +0.37, Oct 54.77 +0.35, Dec 55.25 +0.32

Mid-day E-CBOT :

Soybeans   :   Sept 1324 -15.25, Nov 1334.50 -12.5, Jan 1348.75 -15.75

Soyoil  :  Sept 53.23 -1.29, Oct 54.04 -0.73, Dec 54.22 -1.03

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

Soybeans   :   Nov 4252 -65, Jan 4216 -134, Mar 4186 -119

Soyoil  :  Sept 8800 -222, Nov 8982 -228, Jan 9090 -398

Palm Oil     :  Sept 7716 -406, Jan 7410 -390

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Sept 2008                2477   -108      2528           2470                   150 lots

Oct 2008                  2481   -109      2600           2469                   880 lots

Nov 2008                 2485  -115         2602           2465                  4410 lots

 

Volume at 12.30 p.m :    6,415 lots in the morning session

The open interest on the MDEX is at 52,670 lots (51,946 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Sept 875s, OND 875s/850b, JFM 880s/852.50b fob PK/PGG, traded OND 880

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

RBDP Stearin    :      Sept 700s PK/PGG

PFAD    :                   Sept 550s fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Sept 775s, OND 775s/755b, JFM 780s

Local Crude Palm Oil :   South - Aug RM 2580s/2480b,

Local CPKO :                 South -   Sept RM 192s per pikul

                                      Central -   Sept RM 192s per pikul

RBDPKO :                      Sept  USD1090 pmt fob Malaysian ports.  

 

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