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Tuesday Dec 02, 2008



Asia Mid-Day Market Report - Wednesday, December 3rd 2008


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

Sin Dollar 1.5267 (1.5267), Mal Ringgit 3.638 (3.638), Indo Rupiah 12100 (12250), Euro 1.271 (1.2616) Indian Rupee 49.92 (50.52), Thai Baht 35.45 (35.74), Phil Pesos  49.10 (49.46), Japanese Yen 93.30 (93.44), Chinese Yuan 6.884 (6.885)

Asian Stock Exchanges at mid-day - (Dow Jones closed – up 270 to 8,419.09 points)

STI 1,654 up 14.82 points,  KLCI 849.38 up 3.63 points ,  Jakarta Composite Index 1,204.33 up 12.97,  Hang Seng Index : 13,594.41 up 188.56,  Nikkei 225 :  7,962.98 up 99.29

Petroleum Oil Prices   

In US closing Light Sweet Crude for Jan delivery was down USD2.32 to USD46.96 per barrel.

In Asian trading hours midday Jan delivery closed up USD0.74 to USD47.70 per barrel.

CBOT closing yesterday :

Soybeans   :   Jan 827 -19, Mar 834.50 -19.75, May 844 -19.75

Soyoil  :  Dec 30.42 -0.69, Jan 30.77 -0.63, Mar 31.20 -0.63

Mid-day E-CBOT :

Soybeans   :   Jan 831.50 +4.5, Mar 839 +4.5, May 848.50 +4.5

Soyoil  :  Jan 30.93 +0.16, Mar 31.35 +0.15, May 31.77 +0.17

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

Soybeans   :   Jan 3616 +33, Mar 3410 +14, May 3138 -1

Soyoil           Jan 6318 -28, Mar 6010 +2, May 5986 -64

Palm Oil     :   Jan 4606 +56, Mar 4660 +34, May 4686 +2

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Dec 2008                 1555   -36       1570           1555                    46 lots

Jan 2008                 1573   -45        1579           1558                  225 lots

Feb 2009                 1562   -41         1590           1558                  2045 lots

 

Volume at 12.30 p.m :    3,726 lots in the morning session

The open interest on the MDEX is at 91,136 lots (92,830 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Dec 535s, JFM 530s/515b, AMJ 535s/525b fob PK/PGG ,

RBDP Oil   :               Dec 500s, JFM 500s fob PK/PGG

RBDP Stearin    :      Dec 355s PK/PGG

PFAD    :                   Dec 305s fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Dec 440s, Jan 440s, FM 440s, AMJ 445s,

Local Crude Palm Oil :   South - Dec RM 1580s/1560b,

Local CPKO :                 South -   Dec RM 101s per pikul

                                      Central -   Dec RM 101s per pikul

 

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