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Thursday Aug 28, 2008



Asia Mid-Day Market Report - Friday, August 29th 2008


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

Sin Dollar 1.4149 (1.4122), Mal Ringgit 3.3905 (3.3730), Indo Rupiah 9148 (9150), Euro 1.4748 (1.4778) Indian Rupee 43.74 (43.73), Thai Baht 34.16 (34.04), Phil Pesos  45.90 (45.70), Japanese Yen 109.01 (109.10), Chinese Yuan 6.8368 (6.8265)

Asian Stock Exchanges at mid-day - (Dow Jones – up 212.67 to 11,715.18 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 USD1.34 to USD116.93 per barrel.                                  In Asian trading hours midday Oct delivery closed up USD1.03 to USD119.18 per barrel.

CBOT closing yesterday :

Soybeans   :   Sept 1332.50 -15.5, Nov 1324 -24, Jan 1341.30 -23.75

Soyoil  :  Sept 53.34 -0.88, Oct 53.58 -0.85, Dec 54.08 -0.85

Mid-day E-CBOT :

Soybeans   :   Sept 1339.50 +7, Nov 1330.50 +6.5, Jan 1348.50 +7.25

Soyoil  :  Sept 53.52 +0.18, Oct 53.88 +0.3, Dec 54.29 +0.21

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

Soybeans   :   Nov 4310 +7, Jan 4285 unch, Mar 4240 +11

Soyoil  :  Sept 8656 +98, Nov 8800 -24, Jan 9200 +198

Palm Oil     :  Sept 7440 -46, Jan 7356 +158

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Sept 2008                2470   +26       2470           2430                    94 lots

Oct 2008                  2515   +50       2533           2471                   678 lots

Nov 2008                 2526  +56            2546           2481                  3141 lots

 

Volume at 12.30 p.m :    4,715 lots in the morning session

The open interest on the MDEX is at 53,343 lots (53,273 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Sept 860s, OND 855s, JFM 857.50s fob PK/PGG,

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

RBDP Stearin    :      Sept 665s PK/PGG

PFAD    :                   Sept 550s fob PK/PGG  

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

Local Crude Palm Oil :   South - Aug RM 2560s/2530b, traded 2550

Local CPKO :                 South -   Sept RM 193s per pikul

                                      Central -   Sept RM 193s per pikul

RBDPKO :                      Sept  USD1100 pmt fob Malaysian ports.  

 

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