GateTrade

Market Reports

 
Member-Only Reports    
   
Sunday Nov 30, 2008



Asia Mid-Day Market Report - Monday, December 1st 2008


This report is the property of GateTrade.    The scanning, uploading and distributing of this report via the internet or any other means without the permission of GateTrade is illegal and punishable by law


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

Sin Dollar 1.5221 (1.5064), Mal Ringgit 3.6299 (3.616), Indo Rupiah 12200 (12100), Euro 1.2662 (1.2903) Indian Rupee 49.49 (49.92), Thai Baht 35.62 (35.46), Phil Pesos  48.63 (48.85), Japanese Yen 95.32 (95.26), Chinese Yuan 6.853 (6.83)

Asian Stock Exchanges at mid-day - (Dow Jones closed – up 102.43 to 8,829.04 points)

STI 1,718.43 down 14.14 points,  KLCI 854.99 down 11.15 points ,  Jakarta Composite Index 1,241 down 0.54,  Hang Seng Index : 14,185.80 up 297.56,  Nikkei 225 :  8,377.47 down 134.80

Petroleum Oil Prices   

In US closing Light Sweet Crude for Jan delivery was down USD0.36 to USD54.43 per barrel.

In Asian trading hours midday Jan delivery closed down USD0.89 to USD53.54 per barrel.

CBOT closing yesterday :

Soybeans   :   Jan 883 -3, Mar 891 -3, May 900 -3.75

Soyoil  :  Dec 32.58 +0.08, Jan 32.90 +0.04, Mar 33.34 +0.06

Mid-day E-CBOT :

Soybeans   :   Jan 874.25 -8.75, Mar 883 -8, May 893 -7

Soyoil  :  Dec 32.44 -0.14, Jan 32.74 -0.16, Mar 33.15 -0.19

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

Soybeans   :   Jan 3594 unch, Mar 3436 -26, May 3198 -28

Soyoil           Jan 6496 +44, Mar 6226 +14, May 6212 +34

Palm Oil     :   Jan 4636 +78, Mar 4676 -12, May 4812 +36

1-30days November Palm Exports vs October (pmt) :

ITS       1,328,748          vs         1,318,196          +0.80%

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Dec 2008                 1631   +21       1650           1630                  158 lots

Jan 2008                 1635   +10        1670           1607                  475 lots

Feb 2009                 1634   +2         1675           1604                  2957 lots

 

Volume at 12.30 p.m :    5,251 lots in the morning session

The open interest on the MDEX is at 91,506 lots (91,820 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Dec 555s, JFM 550s/540b, AMJ 552.50s/545b fob PK/PGG ,

RBDP Oil   :               Dec 525s, JFM 520s fob PK/PGG

RBDP Stearin    :      Dec 365s PK/PGG

PFAD    :                   Dec 320s fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Dec 455s, Jan 455s, FM 455s/447.50b, AMJ 460s/455b,

Local Crude Palm Oil :   South - Dec RM 1660s/1630b,

Local CPKO :                 South -   Dec RM 105s per pikul

                                      Central -   Dec RM 105s per pikul

 

Please join our over 1160 members from 93 countries and register at www.gatetrade.com to start trading. Registration is free. Only members will be able to post buy/sell positions and to view trades.