GateTrade

Free Reports

   
Wednesday Mar 31, 2010



Asia Mid-Day Market Report - Thursday, April 1st 2010


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 to US$ at our mid-day (previous day's figures in brackets)

Sin Dollar 1.397 (1.4008), Mal Ringgit 3.256 (3.281), Indo Rupiah 9064 (9078), Euro: USD1.3503 (USD1.344) Indian Rupee 44.90 (45.08), Thai Baht 32.32 (32.27) Phil Pesos 45.20 (45.34) Japanese Yen 93.43 (92.69), Chinese Yuan 6.827 (6.8277)

Asian Stock Exchanges at mid-day - Dow Jones closed down 50.79 to 10,856.63 points.

STI 2,918.74 up 31.28,  KLCI 1,331,69 up 11.12,  JKT Composite Index  2,823.30 up 46,  Hang Seng Index : 21,433.44 up 194.09 ,  Nikkei 225 :  11,195.81 up 105.87

Petroleum Oil Prices   

In US closing Light Sweet Crude for May was up USD1.39 to USD83.76 per barrel.

In Asian trading hours midday May was down USD0.38 to USD83.38 per barrel.

CBOT closing yesterday :

Soybeans   :   May 941 -33, Jul 950 -30.75, Aug 943.80 -25.5

Soyoil  :  May 38.31 -0.36, Jul 38.77 -0.35, Aug 38.96 -0.34

Mid-day E-CBOT :

Soybeans   :   May 945.50 +4.5, Jul 954.50 +4.5

Soyoil  :  May 38.44 +0.13, Jul 38.89 +0.12

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

Soybeans   :   Sep 3868 -34, Jan 3816 -21, May 3817 -20

Soyoil           Sep 7572 -32, Jan 7678 -26

Palm Oil     :   Sep 6834 -46, Jan 6740 -46

1-31 days March Palm Exports vs February (pmt) :

ITS      1.35mln           vs        1.2mln             +12%

SGS    1,345,124        vs        1,249,390        +7.7%

MDEX as at the morning close : 

Month                      Last                High           Low                Volume      

Apr 2010              2587     -41        2605           2587                  275 lots

May 2010             2555     -10        2562           2553                  789 lots

Jun 2010              2535     -21        2547           2532                2233 lots

 

 

Volume at 12.30 p.m :    3,375 lots in the morning session

The open interest on the MDEX as at 31/03/10 is 77,494 lots (79,209 lots on previous day) - one lot = 25 metric tons

Physical Oil Prices :   

RBDP Olein fob PK/PGG :      Apr 812.50, MJ 807.50/800, JAS 792.50/787.50, tdd JAS 790

RBDP Oil fob PK/PGG   :       Apr 805

RBDP Stearin    :      Apr 795 PK/PGG

PFAD    :                   Apr 675 fob PK/PGG  

CPO - FOB Belawan/Dumai  :  Apr 785, MJ 780, JAS 765/760

Local Crude Palm Oil :   South – Apr RM 2590/2570

Local CPKO :                 South – Apr  RM 197 per pikul

 

GateTrade Exclusive Reports are available to paid members for a monthly fee of USD50.00.    Interested party can logon to GateTrade’s website at www.gatetrade.com to register and pay by credit card.  After logon click Subscriptions under "Market Reports" and follow the instructions.

 There will be 7 reports for the month - 4 technical reports on BMD CPO Futures and 3 Malaysian Palm Oil Supply & Demand Forecast.

 

Please join our over 1460 members from 106 countries have registered for trading Palm Oil, Coconut Oil and Biodiesel on GateTrade. Please 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.

 

DISCLAIMER:  GateTrade does not warrant the correctness of any information herein. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy.