USA/Europe Closing Market Report - Thursday, December 4th 2008
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Comments : Good morning : CBOT soy complex ended sharply lower on outside influences and absence of fresh supportive news. Crude oil tumbled to new lows and equities market continue to slump on deep recession leading to sell offs in broad market commodities.
Dow Jones Close
Dow Jones overnight closed down 215.45 to 8,376.24 points.
Currencies Closing (previous day's closing in brackets)
US Dollar : Euro : USD1.2766 (USD1.2708), Sin.Dollar 1.526 (1.522), Mal Ringgit 3.638 (3.638), Japanese Yen : 92.44 (93.28), Indo Rupiah 11775 (11900).
Petroleum Oil Closing prices -
Petroleum closed : Light sweet crude for Jan delivery down USD3.12 to USD43.67 per barrel.
CBOT Close : -
Soybeans : Jan 811 -19, Mar 815.50 -19.5, May 823.80 -19.25
Soyoil : Dec 29.22 -1.06, Jan 29.50 -1.08, Mar 29.87 -1.11
Crude Palm Oil cif Rotterdam.
Dec 450s, JFM 465s, AMJ 470s,
Crude Coconut Oil cif Rotterdam
Dec-Jan 695, Jan-Feb 710, Feb-Mar 720
Crude Palm Kernel Oil cif Rotterdam
Jan-Feb 555, Feb-Mar 565
Crude Rapeseed Oil fob Dutch max 2% f.f.a. fob mill in Euro per metric ton
Feb-Apr 665, May-Jul 665, Aug-Oct 665
Last prices on Malaysian RBDP Olein fob Malaysian ports basis
Dec 495s, JFM 490s, AMJ 495s ,
US GULF: CDSBO FOB GULF SELLERS DJF +50
CAN CANOLA OIL FOB VANCOUVER DJF +400
US CORN OIL FOB DJ 760/MT
SUNOIL-FOB ARGENTINA DJFM 640/MT
ARGENTINA SBO DJ -235, FM -260, MJJ -370
BRAZIL SBO DJ -160, AM -250, JJ -280
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Posted at 03:50PM Dec 04, 2008 by MarketReports admin in USA-Europe |