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Tuesday Aug 26, 2008



Asia Mid-Day Market Report - Wednesday, August 27th 2008


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

Sin Dollar 1.4169 (1.4199), Mal Ringgit 3.3730 (3.3880), Indo Rupiah 9160 (9180), Euro 1.4715 (1.4709) Indian Rupee 43.74 (44.06), Thai Baht 34.13 (34.22), Phil Pesos  45.60 (45.980), Japanese Yen 108.94 (109.58), Chinese Yuan 6.8464 (6.8462)

Asian Stock Exchanges at mid-day - (Dow Jones – up 26.62 to 11,412.87 points)

STI 2,700.57 down 6.62 points,  KLCI 1,071.35 up 0.85 points ,  Jakarta Composite Index 2,127.36 up 19.81 points, Hang Seng Index : 21,204.80 up 148.14,  Nikkei 225 : 12,762.55 down 16.16 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Oct delivery up USD1.16 to USD116.27 per barrel.                                  In Asian trading hours midday Oct delivery closed up USD0.66 to USD116.93 per barrel.

CBOT closing yesterday :

Soybeans   :   Sept 1337.50 -1.75, Nov 1344.50 -2.5, Jan 1362 -2.5

Soyoil  :  Sept 53.92 -0.6, Oct 54.13 -0.64, Dec 54.60 -0.65

Mid-day E-CBOT :

Soybeans   :   Sept 1357.75 +20.25, Nov 1361.75 +17.25, Jan 1382 +20

Soyoil  :  Sept 54.40 +0.48, Oct 54.60 +0.47, Dec 55.05 +0.45

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

Soybeans   :   Nov 4308 +98, Jan 4333 +124, Mar 4250 +114

Soyoil  :  Sept 8592 -192, Nov 8892 -92, Jan 9198 unch

Palm Oil     :  Sept 7880 +82, Jan 7362 -170

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Sept 2008                2491   +85       2512           2459                   111 lots

Oct 2008                  2499   +91       2519           2461                   549 lots

Nov 2008                 2500  +91          2523           2450                  3570 lots

 

Volume at 12.30 p.m :    5,342 lots in the morning session

The open interest on the MDEX is at 52,901 lots (52,670 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Sept 855s, OND 850s/830b, JFM 850s/835b fob PK/PGG,

RBDP Oil   :              Sept 810s, OND 810s fob PK/PGG

RBDP Stearin    :      Sept 660s PK/PGG

PFAD    :                   Sept 530s fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Sept 750s/735b, OND 750s/740b, JFM 755s

Local Crude Palm Oil :   South - Aug RM 2550s/2510b,

Local CPKO :                 South -   Sept RM 190s per pikul

                                      Central -   Sept RM 190s per pikul

RBDPKO :                      Sept  USD1085 pmt fob Malaysian ports.  

 

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