Weekly BULLETIN › miti › resources › MITI Weekly Bulletin › MIT… · BULLETIN 17 September...

17
1 MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446 VOLUME 552 MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY Weekly BULLETIN 17 September 2019 | NO. ISSN : 2180-0448 Malaysia Statistics MANUFACTURING, JULY 2019 Manufacturing Indicators Sales Value RM74.24 billion Salaries & Wages RM4.01 billion Number of Employees 1,088,616 persons Sales Value Per Employees RM68,193 1.3% 3.4% 4.7% 6.0% Performance of Sales in Manufacturing Sector Transport Equipment & Other Manufactures 7.4% Food, Beverages & Tobacco 7.2% Non-Metallic Mineral Products, Basic Metal & Fabricated Metal Products 6.2% 5.9% Textile, Wearing Apparel, Leather & Footwear Petroleum, Chemical, Rubber & Plastic 5.8% Electrical & Electronics Products 5.7% Wood, Furniture, Paper Products & Printing 4.4% Malaysia’s Manufacturing sales grew by 6.0 per cent in July 2019 to register at RM74.24 billion as compared to RM70.0 billion reported a year ago. Source: Department of Statistics, Malaysia Note: % refer to Y-o-Y Growth

Transcript of Weekly BULLETIN › miti › resources › MITI Weekly Bulletin › MIT… · BULLETIN 17 September...

  • 1MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    VOLUME 552

    MINISTRY OF INTERNATIONAL TRADE AND INDUSTRYWeekly

    B U L L ET I N 17 September 2019 | NO. ISSN : 2180-0448

    Mal

    aysi

    a St

    atis

    tics

    MANUFACTURING, JULY 2019

    Manufacturing Indicators

    Sales Value RM74.24 billion

    Salaries & Wages

    RM4.01 billion

    Number ofEmployees

    1,088,616 persons

    Sales Value Per Employees

    RM68,1931.3% 3.4% 4.7%6.0%

    Performance of Sales in Manufacturing Sector

    Transport Equipment & Other Manufactures

    7.4%Food, Beverages & Tobacco

    7.2%Non-Metallic Mineral Products, Basic Metal & Fabricated Metal Products

    6.2% 5.9% Textile, Wearing Apparel, Leather & Footwear

    Petroleum, Chemical, Rubber & Plastic

    5.8% Electrical & Electronics Products

    5.7%

    Wood, Furniture, Paper Products & Printing

    4.4%

    Malaysia’s Manufacturing sales grew by 6.0 per cent in July 2019 to register at RM74.24 billion as compared to

    RM70.0 billion reported a year ago.

    Source: Department of Statistics, MalaysiaNote: % refer to Y-o-Y Growth

  • 2MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    MITI Weekly Bulletin | www.miti.gov.myM

    alay

    sia

    Stat

    isti

    csIndustrial Production Index (IPI)

    Mal

    aysi

    a St

    atis

    tics

    Malaysia's IPI grew by 1.2%

    in July 2019

    Crude oil

    Natural Gas

    Mining

    Source: Department of Statistics, Malaysia

    July 2019 July 2018 114.8 113.4 1.2%

    7.3% -22.7%

    Man

    ufac

    turi

    ng

    Transport Equipment & Other Manufactures 5.8%

    Textile, Wearing Apparel, Leather & Footwear 5.4%

    5.8%

    Wood, Furniture, Paper Products & Printing 5.6%

    0.7%

    Non-Metallic Mineral Products, Basic Metal &

    Fabricated Metal Products 4.4% 3.4%

    4.9%Petroleum, Chemical,

    Rubber & Plastic

    E&EProducts

    Food, Beverages & Tobacco

    Note: Percentage refers to y-o-y percentage change

    Electricity 2.0%

    Manufacturing 4.0%

    Mining -8.4%

  • 3MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    MITI Weekly Bulletin | www.miti.gov.my

    LABOUR FORCE IN MALAYSIA, JULY 2019

    Source: Department of Statistics, MalaysiaNote: % refer to Y-o-Y Growth

    Labour Force July 2019:15,704.6 2.0% ('000) July 2018:15,401.0

    Employed July 2019:15,179.8 2.0% ('000) July 2018:14,882.4

    Unemployed July 2019:524.8 2 1.2% ('000) July 2018:518.6

    July 2019:68.5% July 2018:68.6%

    July 2019:3.3% July 2018:3.4%

    Outside Labour July 2019:7,207.7 2.3% Force ('000) July 2018:7,044.5

    Labour Force Participation Rate

    Unemployment Rate

    The number of labour force in July rose 1.8 per cent against June 2018 to 15.66 million persons

    Mal

    aysi

    a St

    atis

    tics

  • 4MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    MITI Weekly Bulletin | www.miti.gov.my

    Mer

    chan

    dise

    Tra

    de S

    tati

    stic

    s

    Source: https://www.trademap.org/index.aspx

    WORLD LARGEST EXPORTERS OF PREPARATIONS WITH A BASIS OF EXTRACTS, ESSENCES

    OR CONCENTRATES OF COFFEE OR WITH A BASIS OF COFFEE*

    TOP FIVE MALAYSIA EXPORT DESTINATIONS

    12

    54

    3ChinaUS$45.7m

    IndonesiaUS$21.3m

    Saudi ArabiaUS$16.2m

    Hong KongUS$19.2m

    KazakhstanUS$19.6m

    In 2018, Malaysia’s export of preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee recorded US$307.2 million with 18.2% share to the world exports

    Notes: -*HS210112 -% refer to share in world exports

    2 GermanyUS$124.2m7.4%

    1MalaysiaUS$307.2m18.2%

    5 Czech RepublicUS$93.5m5.6%4 USAUS$94.6m

    5.6%

    3 Viet NamUS$ 96.1m5.7%

  • 5MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    MITI Weekly Bulletin | www.miti.gov.my

    Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia

    0

    20

    40

    60

    80

    100

    120

    140

    0

    20

    40

    60

    80

    100

    120

    23 J

    une

    30 J

    une

    7 Ju

    ly

    14 J

    uly

    21 J

    uly

    28 J

    uly

    4 A

    ug

    11 A

    ug

    18 A

    ug

    25 A

    ug

    1 Se

    p

    8 Se

    p

    No.

    of C

    ertif

    icat

    e of

    Orig

    in

    RM m

    il.

    Generalised System of Preferences (GSP)

    Total FOB (RM mil.) Total CO

    Note: The preference giving countries under the GSP scheme are Liechtenstein, the Russian Federation, Japan, Switzerland, Belarus, Kazakhstan and Norway.

    Number and Value of Preferential Certificates of Origin (PCOs)

    0

    1,000

    2,000

    3,000

    4,000

    5,000

    6,000

    0

    5,000

    10,000

    15,000

    20,000

    25,000

    30,00023

    Jun

    e

    30 J

    une

    7 Ju

    ly

    14 J

    uly

    21 J

    uly

    28 J

    uly

    4 A

    ug

    11 A

    ug

    18 A

    ug

    25 A

    ug

    1 Se

    p

    8 Se

    p

    No.

    of C

    ertif

    icat

    e of

    Orig

    in

    RM m

    il.

    ASEAN Trade in Goods Agreement (ATIGA)

    Total FOB (RM mil.) Total CO

    0

    500

    1,000

    1,500

    2,000

    2,500

    3,000

    3,500

    0

    200

    400

    600

    800

    1,000

    1,200

    1,400

    23 J

    une

    30 J

    une

    7 Ju

    ly

    14 J

    uly

    21 J

    uly

    28 J

    uly

    4 A

    ug

    11 A

    ug

    18 A

    ug

    25 A

    ug

    1 Se

    p

    8 Se

    p

    No.

    of C

    ertif

    icat

    e of

    Orig

    in

    RM m

    il.

    ASEAN-China Free Trade Agreement (ACFTA)

    Total FOB (RM mil.) Total CO

    0

    200

    400

    600

    800

    1,000

    1,200

    0

    200

    400

    600

    800

    1,000

    1,200

    23 J

    une

    30 J

    une

    7 Ju

    ly

    14 J

    uly

    21 J

    uly

    28 J

    uly

    4 A

    ug

    11 A

    ug

    18 A

    ug

    25 A

    ug

    1 Se

    p

    8 Se

    p

    No.

    of C

    ertif

    icat

    e of

    Orig

    in

    RM m

    il.

    ASEAN-Korea Free Trade Agreement (AKFTA)

    Total FOB (RM mil.) Total CO

    0

    50

    100

    150

    200

    250

    300

    0

    20

    40

    60

    80

    100

    120

    23 J

    une

    30 J

    une

    7 Ju

    ly

    14 J

    uly

    21 J

    uly

    28 J

    uly

    4 A

    ug

    11 A

    ug

    18 A

    ug

    25 A

    ug

    1 Se

    p

    8 Se

    p

    No.

    of C

    ertif

    icat

    e of

    Orig

    in

    RM m

    il.

    ASEAN-Japan Comprehensive Economic Partnership (AJCEP)

    Total FOB (RM mil.) Total CO

    0

    100

    200

    300

    400

    500

    600

    700

    800

    900

    1,000

    0

    100

    200

    300

    400

    500

    600

    700

    800

    900

    1,000

    23 J

    une

    30 J

    une

    7 Ju

    ly

    14 J

    uly

    21 J

    uly

    28 J

    uly

    4 A

    ug

    11 A

    ug

    18 A

    ug

    25 A

    ug

    1 Se

    p

    8 Se

    p

    No.

    of C

    ertif

    icat

    e of

    Orig

    in

    RM m

    il.

    ASEAN-India Free Trade Agreement (AIFTA)

    Total FOB (RM mil.) Total CO

    0

    200

    400

    600

    800

    1,000

    1,200

    0

    50

    100

    150

    200

    250

    23 J

    une

    30 J

    une

    7 Ju

    ly

    14 J

    uly

    21 J

    uly

    28 J

    uly

    4 A

    ug

    11 A

    ug

    18 A

    ug

    25 A

    ug

    1 Se

    p

    8 Se

    p

    No.

    of C

    ertif

    icat

    e of

    Orig

    in

    RM m

    il.

    ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)

    Total FOB (RM mil.) Total CO

  • 6MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    MITI Weekly Bulletin | www.miti.gov.myMITI Weekly Bulletin | www.miti.gov.my

    Sales Value

    Number and Value of Preferential Certificates of Origin (PCOs)

    0

    100

    200

    300

    400

    500

    600

    700

    800

    900

    1,000

    0

    20

    40

    60

    80

    100

    120

    140

    160

    180

    200

    23 J

    une

    30 J

    une

    7 Ju

    ly

    14 J

    uly

    21 J

    uly

    28 J

    uly

    4 A

    ug

    11 A

    ug

    18 A

    ug

    25 A

    ug

    1 Se

    p

    8 Se

    p

    No.

    of C

    ertif

    icat

    e of

    Orig

    in

    RM m

    il.

    Malaysia-Japan Economic Partnership Agreement (MJEPA)

    Total FOB (RM mil.) Total CO

    0

    50

    100

    150

    200

    250

    0

    10

    20

    30

    40

    50

    60

    70

    80

    90

    100

    23 J

    une

    30 J

    une

    7 Ju

    ly

    14 J

    uly

    21 J

    uly

    28 J

    uly

    4 A

    ug

    11 A

    ug

    18 A

    ug

    25 A

    ug

    1 Se

    p

    8 Se

    p

    No.

    of C

    ertif

    icat

    e of

    Orig

    in

    RM m

    il.

    Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)

    Total FOB (RM mil.) Total CO

    0

    1

    2

    3

    4

    5

    6

    7

    8

    9

    0.00

    0.05

    0.10

    0.15

    0.20

    0.25

    0.30

    0.35

    23 J

    une

    30 J

    une

    7 Ju

    ly

    14 J

    uly

    21 J

    uly

    28 J

    uly

    4 A

    ug

    11 A

    ug

    18 A

    ug

    25 A

    ug

    1 Se

    p

    8 Se

    p

    No.

    of C

    ertif

    icat

    e of

    Orig

    in

    RM m

    il.

    Malaysia-New Zealand Free Trade Agreement (MNZFTA)

    Total FOB (RM mil.) Total CO

    0

    20

    40

    60

    80

    100

    120

    0

    200

    400

    600

    800

    1,000

    1,200

    23 J

    une

    30 J

    une

    7 Ju

    ly

    14 J

    uly

    21 J

    uly

    28 J

    uly

    4 A

    ug

    11 A

    ug

    18 A

    ug

    25 A

    ug

    1 Se

    p

    8 Se

    p

    No.

    of C

    ertif

    icat

    e of

    Orig

    in

    RM m

    il.

    Malaysia-Chile Free Trade Agreement (MCFTA)

    Total FOB (RM mil.) Total CO

    0

    100

    200

    300

    400

    500

    600

    0

    50

    100

    150

    200

    250

    300

    350

    23 J

    une

    30 J

    une

    7 Ju

    ly

    14 J

    uly

    21 J

    uly

    28 J

    uly

    4 A

    ug

    11 A

    ug

    18 A

    ug

    25 A

    ug

    1 Se

    p

    8 Se

    p

    No.

    of C

    ertif

    icat

    e of

    Orig

    in

    RM m

    il.

    Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)

    Total FOB (RM mil.) Total CO

    0

    50

    100

    150

    200

    250

    300

    350

    400

    450

    500

    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

    23 J

    une

    30 J

    une

    7 Ju

    ly

    14 J

    uly

    21 J

    uly

    28 J

    uly

    4 A

    ug

    11 A

    ug

    18 A

    ug

    25 A

    ug

    1 Se

    p

    8 Se

    p

    No.

    of C

    ertif

    icat

    e of

    Orig

    in

    RM m

    il.

    Malaysia-Australia Free Trade Agreement (MAFTA)

    Total FOB (RM mil.) Total CO

    0

    50

    100

    150

    200

    250

    300

    0

    20

    40

    60

    80

    100

    120

    140

    160

    23 J

    une

    30 J

    une

    7 Ju

    ly

    14 J

    uly

    21 J

    uly

    28 J

    uly

    4 A

    ug

    11 A

    ug

    18 A

    ug

    25 A

    ug

    1 Se

    p

    8 Se

    p

    No.

    of C

    ertif

    icat

    e of

    Orig

    in

    RM m

    il.

    Malaysia-Turkey Free Trade Agreement (MTFTA)

    Total FOB (RM mil.) Total CO

    Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia

  • 7MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    MITI Weekly Bulletin | www.miti.gov.myMITI Weekly Bulletin | www.miti.gov.my

    Source : Bank Negara Malaysia

    Malaysian Ringgit Exchange Rate with Selected Countries,January 2018 - August 2019

    US Dollar

    Philippine Peso

    Vietnamese Dong

    Hong Kong Dollar

    Indonesian Rupiah

    Indian Rupee

    3.9578

    3.8862

    4.1881

    3.70

    3.75

    3.80

    3.85

    3.90

    3.95

    4.00

    4.05

    4.10

    4.15

    4.20

    4.25

    Jan

    Feb

    Ma

    r

    Apr

    Ma

    y

    Jun

    Jul

    Aug Se

    p

    Oct

    Nov

    Dec Ja

    n

    Feb

    Ma

    r

    Apr

    Ma

    y

    Jun

    Jul

    Aug

    2018 2019

    RM

    USD 1 = RM

    7.8384

    7.4635

    8.06708.0305

    6.50

    6.70

    6.90

    7.10

    7.30

    7.50

    7.70

    7.90

    8.10

    8.30

    Jan

    Feb

    Ma

    r

    Apr

    Ma

    y

    Jun

    Jul

    Aug Se

    p

    Oct

    Nov

    Dec Ja

    n

    Feb

    Ma

    r

    Apr

    Ma

    y

    Jun

    Jul

    Aug

    2018 2019

    RM

    PHP 100 = RM

    0.0174

    0.0171

    0.01800.0180

    0.0164

    0.0166

    0.0168

    0.0170

    0.0172

    0.0174

    0.0176

    0.0178

    0.0180

    0.0182

    Jan

    Feb

    Ma

    r

    Apr

    Ma

    y

    Jun

    Jul

    Aug Se

    p

    Oct

    Nov

    Dec Ja

    n

    Feb

    Ma

    r

    Apr

    Ma

    y

    Jun

    Jul

    Aug

    2018 2019

    RM

    VND 100 = RM

    50.6090

    49.5163

    53.4695 53.4177

    47.00

    48.00

    49.00

    50.00

    51.00

    52.00

    53.00

    54.00

    Jan

    Feb

    Ma

    r

    Apr

    Ma

    y

    Jun

    Jul

    Aug Se

    p

    Oct

    Nov

    Dec Ja

    n

    Feb

    Ma

    r

    Apr

    Ma

    y

    Jun

    Jul

    Aug

    2018 2019RM

    HKD 100 = RM

    0.0296

    0.0274

    0.0294

    0.025

    0.026

    0.026

    0.027

    0.027

    0.028

    0.028

    0.029

    0.029

    0.030

    0.030

    Jan

    Feb

    Ma

    r

    Apr

    Ma

    y

    Jun

    Jul

    Aug Se

    p

    Oct

    Nov

    Dec Ja

    n

    Feb

    Ma

    r

    Apr

    Ma

    y

    Jun

    Jul

    Aug

    2018 2019

    RM

    IDR 100 = RM

    6.2202

    5.6504

    5.8902

    5.50

    5.60

    5.70

    5.80

    5.90

    6.00

    6.10

    6.20

    6.30

    Jan

    Feb

    Ma

    r

    Apr

    Ma

    y

    Jun

    Jul

    Aug Se

    p

    Oct

    Nov

    Dec Ja

    n

    Feb

    Ma

    r

    Apr

    Ma

    y

    Jun

    Jul

    Aug

    2018 2019

    RM

    INR 100 = RM

  • 8MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    MITI Weekly Bulletin | www.miti.gov.myMITI Weekly Bulletin | www.miti.gov.my

    2.1%*US$60.2

    1.1%*US$45.1

    10.8%* US$1,518.8

    %*US$280.0

    (high)

    13 September 2019

    %*US$250.0

    (low)

    Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, and Bloomberg.

    Commodity Prices

    Notes: All figures have been rounded to the nearest decimal point * Refer to % change from the previous week’s price i Average price in the year except otherwise indicated

    CRUDE PETROLEUM (BRENT) -per bbl-

    13 September 2019

    CRUDE PALM OIL -per MT-

    0.7%*US$566.0

    13 September 2019

    RUBBER SMR 20 -per MT-

    0.1%*US$1,351.0

    COCOA SMC 2 -per MT-

    COAL -per MT-

    SUGAR -per lbs-

    8.3%*US$11.9

    SCRAP IRON HMS -per MT-

    5 Oct 2018 : US$84.2

    Highest2018/2019

    17 May 2019 : US$72.2

    9 Aug 2019 : US$54.5 28 Dec 2018 : US$52.2

    Lowest2018/2019

    9 Mar 2018 : US$691.5

    Highest2018/2019

    6 Sep 2019 : US$570.0

    26 July 2019 : US$488.5 23 Nov 2018 : US$448.5

    Lowest2018/2019

    Average Price 2018 i : US$71.5 Average Price 2018 i : US$600.1

    Average Price 2018 i : US$1,371.0 Average Price 2018 i : US$1,535.6 Average Price 2018 i : US¢12.3

    Average Price 2018 i : US$380.7 (high)Average Price 2018 i : US$359.6 (low)Average Price 2018

    i : US$66.9

    Domestic Prices13 September 2019

    Steel Bars(per MT)

    RM1,870– RM2,020

    Billets(per MT)

    RM1,800 - RM2,000

    13 September 2019

    13 September 2019

    13 September 2019

    13 September 2019

  • 9MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    MITI Weekly Bulletin | www.miti.gov.my

    Commodity Price Trends

    Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.

    1,605.51,614.1

    1,623.31,606.0

    1,620.1

    1,552.7

    1,444.8

    1,344.71,354.4

    1,308.6

    1,370.6

    1,518.8

    1,300

    1,350

    1,400

    1,450

    1,500

    1,550

    1,600

    1,650

    1,700

    28 June 5 July 12 July 19 July 26 July 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 Sep

    US$

    /mt

    Cocoa

    2,472 2,475

    2,437

    2,385 2,3792,359

    2,341

    2,226

    2,1162,089

    2,073 2,066

    2,000.0

    2,100.0

    2,200.0

    2,300.0

    2,400.0

    2,500.0

    2,600.0

    28 June 5 July 12 July 19 July 26 July 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 Sep

    US$

    /mt

    Pepper

    1,482.0

    1,456.0

    1,402.5

    1,425.5 1,424.0

    1,315.0 1,326.51,315.51,295.0 1,295.5

    1,352.01,351.0

    1,200

    1,250

    1,300

    1,350

    1,400

    1,450

    1,500

    1,550

    1,600

    28 June 5 July 12 July 19 July 26 July 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 Sep

    US$

    /mt

    Rubber SMR 20

    57.5 57.5

    60.2

    55.656.2 55.7

    58.5

    54.954.2

    55.156.5

    54.9

    66.6

    64.2

    66.7

    62.563.5

    61.9

    54.5

    58.659.3

    60.461.5

    60.2

    40

    45

    50

    55

    60

    65

    70

    28 June 5 July 12 July 19 July 26 July 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 Sep

    US$

    /bbl

    Crude Petroleum

    Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl

    502.5

    505.5

    498.5

    489.5488.5

    506.5 507.0

    519.5

    531.0

    553.0

    570.0566.0

    485

    495

    505

    515

    525

    535

    545

    555

    565

    575

    28 June 5 July 12 July 19 July 26 July 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 Sep

    US$

    /mt

    Crude Palm Oil

    12.6

    12.4 12.3

    11.6

    12.0 12.0

    11.9

    11.6

    11.5

    11.111.0

    11.9

    10.5

    11.0

    11.5

    12.0

    12.5

    13.0

    28 June 5 July 12 July 19 July 26 July 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 Sep

    US¢

    /lbs

    Sugar

  • 10MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    MITI Weekly Bulletin | www.miti.gov.my

    15.3

    15.0

    15.3

    16.216.4 16.3

    16.917.1

    17.4

    18.318.1

    17.6

    14.2

    14.7

    15.2

    15.7

    16.2

    16.7

    17.2

    17.7

    18.2

    18.7

    28 June 5 July 12 July 19 July 26 July 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 Sep

    US$

    /oz

    Silver

    45.3

    44.7

    45.3

    46.3

    45.7

    46.4

    48.2 48.7

    48.4

    49.1 49.0

    48.3

    40.0

    41.0

    42.0

    43.0

    44.0

    45.0

    46.0

    47.0

    48.0

    49.0

    50.0

    28 June 5 July 12 July 19 July 26 July 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 Sep

    US

    $/g

    Gold

    Sources: Ministry of International Trade and Industry Malaysia, , Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.

    2,06

    9

    2,25

    5

    2,30

    0

    2,23

    8

    2,08

    2

    2,05

    2

    2,02

    6

    2,03

    0

    1,93

    9

    1,92

    0

    1,85

    4

    1,86

    3

    1,87

    1

    1,84

    5

    1,78

    1

    1,75

    6

    1,79

    7

    1,74

    1

    1,400

    1,500

    1,600

    1,700

    1,800

    1,900

    2,000

    2,100

    2,200

    2,300

    2,400

    Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug

    2018 2019

    US$

    / to

    nn

    e

    Aluminium

    6,79

    9

    6,85

    2

    6,82

    5 6,96

    6

    6,25

    1

    6,05

    1

    6,05

    1 6,22

    0

    6,19

    6

    6,07

    5

    5,93

    9

    6,30

    0 6,43

    9

    6,43

    8

    6,01

    8

    5,88

    2

    5,94

    1

    5,70

    9

    4,000

    4,500

    5,000

    5,500

    6,000

    6,500

    7,000

    7,500

    Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug

    2018 2019

    US$

    / to

    nne

    Copper

    13,3

    93

    13,9

    38

    14,3

    66

    15,1

    06

    13,7

    94

    13,4

    11

    12,5

    10

    12,3

    15

    11,2

    40

    10,8

    35

    11,5

    23

    12,6

    85

    13,0

    26

    12,7

    73

    12,0

    16

    11,9

    44

    13,5

    46

    15,7

    49

    7,000

    8,000

    9,000

    10,000

    11,000

    12,000

    13,000

    14,000

    15,000

    16,000

    17,000

    Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug

    2018 2019

    US$

    / to

    nne

    Nickel

    Commodity Price Trends

    70

    .35

    65

    .75

    66

    .10

    65

    .04

    64

    .56

    67

    .15

    68

    .44 7

    3.4

    1

    73

    .26

    69

    .15

    76

    .16

    88

    .22

    86

    .47

    93

    .70 10

    0.1

    5

    10

    8.9

    4

    12

    0.2

    4

    93

    .07

    50.0

    60.0

    70.0

    80.0

    90.0

    100.0

    110.0

    120.0

    130.0

    Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug

    2018 2019

    US

    $/d

    mtu

    Iron Ore

    841.1

    811.4

    834.6

    852.1

    867.8

    853.0

    863.8

    851.5855.3

    931.7

    958.5952.2

    800.0

    820.0

    840.0

    860.0

    880.0

    900.0

    920.0

    940.0

    960.0

    28 June 5 July 12 July 19 July 26 July 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 Sep

    US

    $/o

    z

    Platinum

    330.0

    320.0

    350.0

    320.0 320.0 320.0 320.0

    300.0 300.0 300.0 300.0 300.0

    280.0 280.0

    300.0

    290.0

    330.0

    290.0 290.0 290.0290.0

    280.0 280.0 280.0

    270.0 270.0

    250.0 250.0

    240

    260

    280

    300

    320

    340

    360

    14 June21 June28 June 5 July 12 July 19 July 26 July 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 Sep

    US

    $/m

    t

    Scrap Iron Scrap Iron/MT (High) Scrap Iron/MT(Low)

    54.354.1 54.1 53.8 53.8 53.8

    53.6

    48.848.3

    46.6

    45.645.1

    44.0

    45.0

    46.0

    47.0

    48.0

    49.0

    50.0

    51.0

    52.0

    53.0

    54.0

    55.0

    56.0

    28 June 5 July 12 July 19 July 26 July 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 Sep

    US

    $/t

    Coal

  • 11MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    MITI Weekly Bulletin | www.miti.gov.my

    MIT

    I PR

    OG

    RAM

    MES

    MITI Minister at Fire Extinguisher Demonstration at MITI Tower , 13 September 2019

  • 12MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    MITI Weekly Bulletin | www.miti.gov.my

    MIT

    I PR

    OG

    RAM

    MES

    The MITI Consultative Dialogue 2019 was officiated by MITI Minister12 September 2019

  • 13MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    MITI Weekly Bulletin | www.miti.gov.my

    Approved Permit - is an import and export license issued by the Permit Issuing Agencies (PIAs) based on the Customs Act 1967.

    The Malaysian Aerospace Council chaired by YB Minister MITI provides the vision and direction for the overall development plan of the national aerospace industry. It also provides policy guidelines and identify priority areas of aerospace activities inMalaysia. Members of the Council consists of Government and industry players.

    MAC:

    ML:Manufacturing License - The Industrial Coordination Act, 1975 requires person(s) engaging in any manufacturing activity with shareholders’ funds of RM2.5 million and above or employing 75 or more full-time paid employees to obtain a Manufacturing Licence.

    Mesyuarat Mingguan Besi Keluli – A technical committee under the Jawatankuasa Pengecualian Cukai 3 (JPC3) to evaluate import duty exemption applications for rawmaterials of iron and steel products.

    MMBK:

    Maintenance, repair and overhaul - includes preservation, and the replacement of parts the sub- sector under MRO consist of airframe heavy maintenance, line maintenance, modification, engine overhaul and component MRO.

    MRO:

    MSI:Malaysia Steel Institute – The Malaysia Steel Institute (MSI) is an industry driven institute under MITI. MSI’s role among others, is to collaborate with the Government in planning the growth and development of the iron and steel industry.

    MSA:Malaysia Steel Association - The association was launched on 2 November 2010 with the objective of upholding the interests of upstream steel companies, consolidating their strengths and providing a platform for the exchange of knowledge to achieve mutual goodwill, cooperation and unity for the benefit of all members in the Malaysian steel industry.

    G L O S S A RYSource: http://www.miti.gov.my /index.php/glossary

    Malaysia Aerospace Industry Association is a non-governmental organisation and functions to support and represent the voice of Malaysian companies in the aerospace sector.

    MAIA:

    Licensed Manufacturing Warehouse (Gudang Pengilangan Berlesen (GPB)) - In Malaysia, a Manufacturing Bonded Warehouse is known as Licensed Manufacturing Warehouse established under the provision of section 65/65A of the Customs Act 1967. An LMW is a manufacturing unit (factory) granted to any person for warehousing and manufacturing approved products on the same premise. It is primarily intended to cater for export oriented industries. Customs duty exemption is given to all raw materials and components used directly in the manufacturing process of approved produce from the initial stage of manufacturing until the finished product is finally packed ready for export.

    LMW:

    Malaysia Steel Council - The Malaysia Steel Council was established in 2012 and is chaired by YB Minister MITI. The objectives of MSC are to oversee, develop and continuously align the implementation milestones and roadmap including governance mechanism, towards ensuring the competitiveness of the iron and steel industry in Malaysia.

    MSC:

    Malaysia-Pakistan Closer Economic Partnership Agreement - Malaysia and Pakistan established the Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA) on 8 November 2007. MPCEPA came into force on 1 January 2008. The MPCEPA encompasses liberalisation in trade in goods and services, investment, as well as bilateral technical cooperation and capacity building in areas such as sanitary and phytosanitary measures, intellectual property protection, construction, tourism, healthcare and telecommunications.

    MPCEPA:

    Malaysian Iron and Steel Industry Federation - MISIF is the national industry association for manufacturers of iron and steel products. The primary function of MISIF is to assist and support members in carrying out their business efficiently and successfully.

    MISIF:

  • 14MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    MITI Weekly Bulletin | www.miti.gov.my

    For more information, kindly click the following links:https://www.miti.gov.my/index.php/pages/view/industry4WRD?mid=559#tab_547_2202

    All yo

    u ne

    ed t

    o kn

    ow...

  • 15MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    MITI Weekly Bulletin | www.miti.gov.myMITI Weekly Bulletin | www.miti.gov.my

    All yo

    u ne

    ed t

    o kn

    ow...

    For more information, kindly click the following links:https://www.miti.gov.my/index.php/pages/view/industry4WRD

  • 16MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    MITI Weekly Bulletin | www.miti.gov.my

    For more information, kindly click the following links:http://www.miti.gov.my/index.php/pages/view/4761Vintage_English.pdf

    ANNO

    UNCEM

    ENTS

    For more information, kindly click the following links:https://www.miti.gov.my/index.php/pages/view/aki?mid=535

    ANNO

    UNCEM

    ENTS

    NO DATE VENUE TOPIC

    1 19 September (Thursday) MITI PERAKIntroduction to FTA & Preferential Certificate of Origin (PCO)

    2 17 October (Thursday)MITI HQ

    (SEMINAR 1)

    3 14 November (Thursday)MITI

    KELANTAN

    Tentative Schedule for MITI Pocket Talks 2019

    For more information, kindly click the following links:https://www.miti.gov.my/miti/resources/Approve%20Permit/AP%20Announcement/Notice_for_

    Application_of_Personal_Vehicle_Import_License_(AP)_(15072019)_BI.pdf

    For more information, kindly click the following links:https://www.miti.gov.my/index.php/pages/view/5539

    For more information please contact the secretariat:

  • 17MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446

    MITI Weekly Bulletin | www.miti.gov.my

    Dear Readers,

    Kindly click the link below for any comments in this issue. MWB reserves the right to edit and republish letters as reprints. http://www.miti.gov.my/index.php/forms/form/13

    MITI Weekly Bulletin (MWB) Mobile AppsMITI MWB APPs is now available for IOS, Android and Windows platforms. MWB APPs can be download from Gallery of Malaysian Government Mobile APPs (GAMMA) at the link: http://gamma.malaysia.gov.my/#/appDetails/85

    MITI @ Your Service

    Dr. Rashidi SaidAMBASSADOR / PERMANENT REPRESENTATIVE

    OF MALAYSIA TO THE WTO

    MITI Overseas Office (geneva)

    Hazrul Imran AzaharMinister Counsellor

    Azuwiza Darus Counsellor (ECONOMICS)

    Monika FATTIERCustomer Service Officer

    Kristina ListiyowatiCLERK

    Carmencita Araos HARTMANCLERK

    Mohd Hafiz MihadCLERK

    FrAnie J. NucumDRIVER

    Youcef Ait-AbbasDRIVER

    Sutamti DartoOPERATIONAL ASST.