Asia Mid-Day Market Report - Tuesday, December 2nd 2008
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Asian Currencies & Euro at our mid-day (previous day's figures in brackets)
Sin Dollar 1.5267 (1.5221), Mal Ringgit 3.638 (3.6299), Indo Rupiah 12250 (12200), Euro 1.2616 (1.2662) Indian Rupee 50.52 (49.49), Thai Baht 35.74 (35.62), Phil Pesos 49.46 (48.63), Japanese Yen 93.44 (95.32), Chinese Yuan 6.885 (6.853)
Asian Stock Exchanges at mid-day - (Dow Jones closed – down 679.95 to 8,149.09 points)
STI 1,655.06 down 35.17 points, KLCI 843.61 down 4.82 points , Jakarta Composite Index 1,193.41 down 29.71, Hang Seng Index : 13,411.96 down 696.88, Nikkei 225 : 8,004.32 down 392.90
Petroleum Oil Prices
In US closing Light Sweet Crude for Jan delivery was down USD5.47 to USD49.28 per barrel.
In Asian trading hours midday Jan delivery closed down USD1.44 to USD47.84 per barrel.
CBOT closing yesterday :
Soybeans : Jan 846 -37, Mar 854.30 -36.25, May 863.80 -36.25
Soyoil : Dec 31.11 -1.47, Jan 31.40 -1.5, Mar 31.83 -1.51
Mid-day E-CBOT :
Soybeans : Jan 847.25 +1.25, Mar 856 +1.75, May 865.75 +2
Soyoil : Dec 31.11 -0.13, Jan 31.55 +0.15, Mar 32.02 +0.19
The Dalian Commodity Exchange midday close - one lot equals to 10 metric tons
Soybeans : Jan 3587 unch, Mar 3401 -20, May 3150 -45
Soyoil : Jan 6398 -96, Mar 6118 -108, May 6094 -106
Palm Oil : Jan 4580 -28, Mar 4638 -84, May 4706 -102
MDEX as at the morning close :
Month Last High Low Volume
Dec 2008 1566 -37 1590 1566 17 lots
Jan 2008 1573 -42 1577 1559 475 lots
Feb 2009 1570 -58 1595 1560 2371 lots
Volume at 12.30 p.m : 3,936 lots in the morning session
The open interest on the MDEX is at 92,830 lots (91,506 lots on previous day) - one lot = 25 metric tons
Physical Oil Prices :
RBDP Olein fob : Dec 530s, JFM 530s/510b, AMJ 530s/520b fob PK/PGG ,
RBDP Oil : Dec 500s, JFM 500s fob PK/PGG
RBDP Stearin : Dec 350s PK/PGG
PFAD : Dec 310s fob PK/PGG
CPO - FOB Belawan/Dumai : Dec 420s, Jan 420s, FM 420s, AMJ 425s,
Local Crude Palm Oil : South - Dec RM 1600s/1560b,
Local CPKO : South - Dec RM 103s per pikul
Central - Dec RM 103s per pikul
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Posted at 08:38PM Dec 01, 2008 by MarketReports admin in Asia Mid-Day |