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Wednesday Aug 27, 2008



Asia Mid-Day Market Report - Thursday, August 28th 2008


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

Sin Dollar 1.4122 (1.4169), Mal Ringgit 3.3730 (3.3730), Indo Rupiah 9150 (9160), Euro 1.4778 (1.4715) Indian Rupee 43.73 (44.74), Thai Baht 34.04 (34.13), Phil Pesos  45.70 (45.60), Japanese Yen 109.10 (108.94), Chinese Yuan 6.8265 (6.8464)

Asian Stock Exchanges at mid-day - (Dow Jones – up 89.64 to 11,502.51 points)

STI 2,703.62 down 1.47 points,  KLCI 1,071.43 up 3.78 points ,  Jakarta Composite Index 2,150.17 up 19.11 points, Hang Seng Index : 21,062.96 down 401.76,  Nikkei 225 : 12,747.10 down 5.86 points.

Petroleum Oil Prices   

In US closing Light Sweet Crude for Oct delivery up USD1.88 to USD118.15 per barrel.                                  In Asian trading hours midday Oct delivery closed up USD1.03 to USD119.18 per barrel.

CBOT closing yesterday :

Soybeans   :   Sept 1348 +10.5, Nov 1348 +3.5, Jan 1365 +3

Soyoil  :  Sept 54.22 +0.3, Oct 54.43 +0.3, Dec 54.93 +0.33

Mid-day E-CBOT :

Soybeans   :   Sept 1345.50 -2.5, Nov 1345 -3, Jan 1362.25 -2.75

Soyoil  :  Sept 53.84 -0.38, Oct 54.07 -0.36, Dec 54.60 -0.33

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

Soybeans   :   Nov 4286 -54, Jan 4270 -69, Mar 4205 -55

Soyoil  :  Sept 8550 -212, Nov 8788 -164, Jan 8998 -184

Palm Oil     :  Sept 7488 -392, Jan 7174 -126

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Sept 2008                2441   - 39       2441           2437                    13 lots

Oct 2008                  2495   -6          2498           2462                   262 lots

Nov 2008                 2510  +8            2515           2452                  3227 lots

 

Volume at 12.30 p.m :    4,268 lots in the morning session

The open interest on the MDEX is at 53,273 lots (52,901 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Sept 855s, OND 850s/840b, JFM 852.50s/840b fob PK/PGG, traded OND + JFM 845

RBDP Oil   :              Sept 820s, OND 815s fob PK/PGG

RBDP Stearin    :      Sept 660s PK/PGG

PFAD    :                   Sept 530s fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Sept 755s/735b, OND 755s/735b, JFM 760s/740b

Local Crude Palm Oil :   South - Aug RM 2530s/2500b, traded 2500

Local CPKO :                 South -   Sept RM 190s per pikul

                                      Central -   Sept RM 190s per pikul

RBDPKO :                      Sept  USD1080 pmt fob Malaysian ports.  

 

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