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Wednesday Dec 03, 2008



Asia Mid-Day Market Report - Thursday, December 4th 2008


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

Sin Dollar 1.5241 (1.5267), Mal Ringgit 3.633 (3.638), Indo Rupiah 11925 (12250), Euro 1.271 (1.2616) Indian Rupee 50.0 (50.52), Thai Baht 35.63 (35.74), Phil Pesos  49.18 (49.46), Japanese Yen 93.22 (93.44), Chinese Yuan 6.883 (6.885)

Asian Stock Exchanges at mid-day - (Dow Jones closed – up 172.60 to 8,591.69 points)

STI 1,658.90 up 18.33 points,  KLCI 847 down 0.53 points ,  Jakarta Composite Index 1,206.05 up 13.53,  Hang Seng Index : 13,679.82 up 91.16,  Nikkei 225 :  7,902.54 down 101.56

Petroleum Oil Prices   

In US closing Light Sweet Crude for Jan delivery was down USD0.17 to USD46.79 per barrel.

In Asian trading hours midday Jan delivery closed down USD1.47 to USD45.32 per barrel.

CBOT closing yesterday :

Soybeans   :   Jan 830 +3, Mar 835 +0.5, May 843 -1

Soyoil  :  Dec 30.28 -0.14, Jan 30.58 -0.19, Mar 30.98 -0.22

Mid-day E-CBOT :

Soybeans   :   Jan 828.50 +1.5, Mar 832 -3, May 840 -3

Soyoil  :  Jan 30.30 +0.02, Mar 30.51 -0.07, May 30.93 -0.05

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

Soybeans   :   Jan 3630 +27, Mar 3406 -2, May 3064 -70

Soyoil           Jan 6286 -10, Mar 5970 -10, May 5962 -8

Palm Oil     :   Jan 4610 +18, Mar 4668 +28, May 4712 +34

 MDEX as at the morning close : 

Month                      Last                High           Low                Volume

Dec 2008                 untraded

Jan 2008                 1521   -15        1550           1521                  273 lots

Feb 2009                 1527   -15         1555           1523                  1363 lots

 

Volume at 12.30 p.m :    2,397 lots in the morning session

The open interest on the MDEX is at 90,274 lots (91,136 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob :      Dec 520s/515b, JFM 515s/505b, AMJ 520s/510b fob PK/PGG ,

RBDP Oil   :               Dec 490s, JFM 490s fob PK/PGG

RBDP Stearin    :      Dec 350s PK/PGG

PFAD    :                   Dec 300s fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Dec 430s, Jan 430s, FM 430s, AMJ 435s,

Local Crude Palm Oil :   South - Dec RM 1550s/1520b,

Local CPKO :                 South -   Dec RM 99s per pikul

                                      Central -   Dec RM 99s per pikul

 

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