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VOLUME 561
MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY
Weekly
BULLETIN
19 November 2019 | NO. ISSN : 2180-0448
Services (208.2 bil.) 5.9% Growth
57.8% Share
Agriculture (RM28.0 bil.) 3.7%
7.8%
Construction (RM17.0 bil.) -1.5%
4.7%
Mining & Quarrying (RM23.0 bil.) -4.3%
6.4%
Manufacturing (RM79.9 bil.) 3.6%
22.2%
Malaysia Economic Performance, Q3 2019
Growth rate (%) 345.0
357.1
341.7
348.8
360.10
Q318 Q418
4.4 4.7
Malaysia's economy posted a growth of 4.4%
in Q3 2019
at constant GDP 2015 prices
GDP at constant prices(RM Billion)
at current GDP
prices GNI per capita at current
prices
RM360.1
billion RM381.5
billion RM45.3 billion
Q119 Q219 Q319
4.5 4.9 4.4
Services and manufacturing sectors anchored the Malaysia's economy growth Production
GDP Q3 2019 RM360.1 billion
Expenditure
Malaysia Statistics
Source: Department of Statistics, Malaysia
% - Year-on-Year Growth-Food & non-alcoholic beverages
-Transports -Restaurants & hotels
-Spending on supplies
and services -Structure
-Machinery and equipment
-Goods -Goods
(exclude import duties)
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Malaysia StatisticsMalaysia Statistics
Balance of Payment, Q3 2019
FDI & DIA Performance, Q3 2019
Source: Department of Statistics, Malaysia
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Trade in Services, Q3 2019
Malaysia Statistics
Malaysia major exports of services by components
Malaysia major imports of services by components
Total international trade in services
38.5 44.0 39.9 45.4 41.7 44.5 42.1 45.9 41.5 43.3 41.3 44.8 44.2 45.8
82.4 85.3 86.2 88.0 84.8 86.1 90.0
Q118 Q218 Q318 Q418 Q119 Q219 Q319
Exports Imports Total Trade RM billion
Travel 22.5 billion
Travel 13.0 billion
Telecommunications, computer
and information services 3.1 billion
Telecommunications, computer
and information services 3.7 billion
Financial services 0.7 billion
Insurance and pension services 2.4 billion
Transport 5.4 billion
Transport 11.9 billion
Manufacturing services on
physical inputs owned by others 3.0 billion
Charges for the use of intellectual
property n.i.e. 2.5 billion
Source: Department of Statistics, Malaysia
Cluster 1: Inclusivity
Indicator 2.2.1: Prevalence of stunting (height for age <-2 standard deviation from the median of the World Health Organization (WHO) Child Growth Standards) among children under 5 years of age Stunting is an indicator of underweight and is measured by low-height-for-age. In 2015, Perlis recorded the highest prevalence of stunting among children under 5 years old with 24.0 per cent. On the other hand, Pulau Pinang recorded the lowest prevalence of stunting among children under 5 years old which was 8.4 per cent.
Indicator 2.2.2: Prevalence of malnutrition (weight for height >+2 or <-2 standard deviation from the median of the WHO Child Growth Standards) among children under 5 years of age, by type (wasting and overweight)
In 2015, Selangor recorded the highest prevalence of wasting among children under 5 years old with 11.1 per cent, followed by Kelantan (10.2%) and Perak
W.P. Kuala Lumpur reported the highest prevalence of overweight among children under 5 years old with 18.5 per cent in 2015. Meanwhile, Pulau Pinang recorded the lowest prevalence of overweight among children under 5 years old with 0.5 per cent.
SUMMARY FINDING
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24.0 22.022.7 20.620.8 18.919.7 18.018.5 16.217.4 14.615.5 12.2 8.4
Perlis Pahang TerengganuSelangorKelantanMelakaPerak Negeri SembilanSarawakSabah*Kedah Kuala Lumpur FTPulau PinangPutrajaya FTJohor
10.211.1 9.29.5 8.58.5 7.98.5 6.9 6.26.6 5.15.7 1.6 4.7
SelangorKelantanPerak Kuala Lumpur FTNegeri SembilanPulau PinangPutrajaya FTTerengganuSarawakPahangMelakaSabah*KedahJohorPerlis
11.4 18.5 9.49.6 7.78.0 6.86.9 4.8 6.4 4.34.6 2.83.5 0.5
Kuala Lumpur FTNegeri SembilanPulau PinangPutrajaya FTTerengganuSelangorKelantanSarawakPahangMelakaSabah*KedahJohorPerakPerlis
PREVALENCE OF STUNTING AMONG CHILDREN UNDER 5 YEARS OF AGE BY STATE, 2015
PREVALENCE OF WASTING BY STATE, 2015
PREVALENCE OF OVERWEIGHT BY STATE, 2015 Goal 2 : End hunger, achieve food
security and improved nutrition and promote sustainable agriculture
MALAYSIA’S SUSTAINABLE DEVELOPMENT GOALS (SDG)
Goal 1: No Poverty Goal 2: No Hunger Goal 5: Gender quality Goal 10: Reduce inequality
1
(9.5%). On the other hand, Melaka recorded the lowest prevalence of wasting among children under 5 years old with 1.6 per cent.
Note: *Includes W.P. Labuan Source: Department of Statistics Malaysia Per cent (%)
Per cent (%)
Per cent (%)
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International Merchandise Trade Statistics
THE WORLD LARGEST EXPORTERS OF FIBREBOARD OF WOOD OR OTHER LIGNEOUS MATERIALS, WHETHER OR NOT AGGLOMERATED WITH RESINS OR OTHER ORGANIC BONDING AGENTS, OF A DENSITY OF > 0,5 G TO 0,8 G/CM³ (EXCLUDING MEDIUM DENSITY FIBREBOARD “MDF”; PARTICLE BOARD, WHETHER OR NOT BONDED WITH ONE OR MORE SHEETS OF FIBREBOARD; LAMINATED WOOD WITH A LAYER OF PLYWOOD; CELLULAR WOOD PANELS OF WHICH BOTH SIDES ARE FIBREBOARD; PAPERBOARD; IDENTIFIABLE FURNITURE COMPONENTS)*
MALAYSIA 1
US$103.1m 27.4%
THAILAND 2
US$83.1m 22.1%
TURKEY 3
US$40.7m 10.8%
4
PAKISTAN
US$29.3m 7.8%
5 USA
US$28.0m 7.4%
In 2018, Malaysia’s export of fibreboard of this products recorded US$103.1 million with 27.4% share of the world exports Notes:
-*HS441193
-% refer to share in world exports
TOP FIVE MALAYSIA EXPORT DESTINATIONS
US$23.7m
VIET NAM 2
US$14.9m
UAE 1
US$6.4m
INDONESIA 5
US$7.4m USA 4
INDIA 3
US$8.3m
Sources: https://www.trademap.org/index.aspx
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T e c h n i c a l N o t e s
Source: https://www.wto.org
#MyAPEC2020 | Malaysia
Be part of
something BIG?
Come and join us, be a volunteer for APEC 2020!
For more information about the volunteer program, kindly click the following link:
https://www.miti.gov.my/index.php/pages/
view/5657?mid=626
3
6 14
5 13
4 12
11
17
9
16
8 7 15
18
10
USA (97.12)
Philippines (64.73) Russia (65.20) Chile (67.69) Indonesia (73.60) Japan (74.75) R. O. Korea (76.50) Thailand (77.23)
Malaysia (82.54)
New Zealand (83.10)
Australia (85.51)
Chinese Taipei (88.24)
P. R. China (88.78) Canada (89.22)
Peru (57.21) Mexico (59.80)
Source:
- https://www.imd.org/wcc/world-competitiveness-center-rankings/world-competitiveness-ranking-2019/
- http://www.mpc.gov.my/wp-content/uploads/2019/05/TOPLINE-WCY2019-FINAL-MKH.pdf
1 2
Singapore (100.00)
Hong Kong SAR (97.99)
APEC Competitiveness Ranking 2019
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• All domestic support measures (i.e. subsidies) considered to distort production and trade (with some exceptions) fall into the amber box, which is defined in Article 6 of the Agriculture Agreement as all domestic support except those in the blue and green boxes. These include measures to support prices, or subsidies directly related to production quantities.
• These supports are subject to limits: “de minimis” minimal supports are allowed (5% of agricultural production for developed countries, 10% for developing countries); the 30 WTO members that had larger subsidies than the de minimis levels at the beginning of the postUruguay Round reform period are committed to reducing these subsidies.
• The reduction commitments are expressed in terms of a “Total Aggregate Measurement of Support” (Total AMS) which includes all support for specified products together with support that are not for specific products, in one single figure.
In the current negotiations, various proposals deal with how much further these subsidies should be reduced, and whether limits should be set for specific products rather than continuing with the single overall “aggregate” limits.
Amber Box:
ASEAN+1 Free Trade Agreements (FTAs):
ASEAN Member States as a group came into a free trade agreement with a non-ASEAN Member State such as China (ASEAN-China FTA), Japan (ASEAN-Japan Comprehensive Economic Partnership), South Korea (ASEAN- Korea FTA), India (ASEAN-India FTA) and Australia/New Zealand (ASEAN-Australia New Zealand FTA). These countries are also known as ASEAN FTA Partners (AFPs).
Applied Tariff:
The tariff levied on an imported good.
G L O S S A RY
Source: http://www.miti.gov.my /index.php/glossaryGATT’s Article 6 allows anti-dumping duties to be imposed on goods that are deemed to be exported below their normal prices, thus causing injury to producers of competing products in the importing country. These duties are equal to the difference between the goods export price and their normal value, if dumping causes injury.
Anti-Dumping: APEC Fora:
APEC has a number of different groups working in the areas of trade and investment liberalization and facilitation and economic and technical cooperation. Committees, ad-hoc groups, expert groups and working groups are known individually as a forum and collectively as fora.
The main mechanism for supporting the APEC process, providing technical assistance, consultation and coordination of activities of APEC fora, while at the same time administering databases, information and communication, and outreach activities. The Secretariat plays a central role in the management of APEC projects and APEC’s annual budget. Its structure consists of: an Executive Director from a member economy with a fixed-term of three years; program directors seconded from member economies; and support staff. The decision to establish the APEC Secretariat with its office based in Singapore was adopted in 1992 at the APEC Ministerial Meeting in Bangkok, Thailand.
APEC Secretariat:
• A Blueprint for identifying the characteristics and elements of the AEC by 2015.
• Signed in November 2007, as the first ASEAN Economic Community (AEC) Blueprint, it has served as a comprehensive master plan to chart the region’s journey towards the formal establishment of the AEC on 31 December 2015.
• Under this Blueprint, the AEC is built on four interrelated and mutually- reinforcing characteristics: (a) a single market and production base, (b) a highly competitive economic region, (c) a region of equitable economic development, and (d) a region fully integrated into the global economy. (Refer to Factsheets on AEC Blueprint 2015 for details)
Budget Surplus:
Arrival Contract:
Sales/purchase contract
where seller’s responsibility
ends when goods have arrived
at agreed place.
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T e c h n i c a l N o t e s
Source: https://www.wto.org
Other commercial services corresponds to the following components defined in BPM5:
(i) communication services (telecommunications, postal and courier services);
(ii) construction services;
(iii) insurance services;
(iv) financial services;
(v) computer and information services (including news agency services);
(vi) royalties and licence fees, covering payments and receipts for the use of intangible non-financial assets and proprietary rights, such as patents, copyrights, trademarks, industrial processes, and franchises;
(vii) other business services, comprising trade related services, operational leasing (rentals), and miscellaneous business, professional and technical services such as legal, accounting, management consulting, public relations services, advertising, market research and public opinion polling, research and development services, architectural, engineering, and other technical services, agricultural, mining and on-site processing; and
(viii) personal, cultural, and recreational services including audiovisual services.
EXPORTS AND IMPORTS
Exports (credits) and imports (debits) of commercial services are derived from statistics on international service transactions included in the balance of payments statistics, in conformity with the concepts, definitions and classification of the fourth (1977) or fifth (1993) edition of the IMF Balance of Payments Manual.
Definitions and methods (Trade in Commercial Services):
DEFINITION OF COMMERCIAL SERVICES:
In the fifth edition of the Balance of Payments Manual, the current account is subdivided into goods, services (including government services, n.i.e.), income (investment income and compensation of employees), and current transfers. The commercial services category in this report is defined as being equal to services minus government services, n.i.e. Commercial services is further sub-divided into transport, travel, and other commercial services.
Transport covers all transportation services (sea, air and other - including land, internal waterway, space and pipeline) that are performed by residents of one economy for those of another, and that involve the carriage of passengers, the movement of goods (freight), rentals (charters) of carriers with crew, and related supporting and auxiliary services.
Travel includes goods and services
acquired by personal travellers, for health,
education or other purposes, and by
business travellers. Unlike other services,
travel is not a specific type of service,
but an assortment of goods and services
consumed by travellers. The most common
goods and services covered are lodging,
food and beverages, entertainment and
transportation (within the economy visited),
gifts and souvenirs.
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Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia
- 20 40 60 80 100 120 140
0 5 10 15 20 25 30 35
25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct 20 Oct 27 Oct 3 Nov 10 Nov No. of Certificate of Origin
RM mil.
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)
- 1,000 2,000 3,000 4,000 5,000 6,000
0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 20,000
25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct 20 Oct 27 Oct 3 Nov 10 Nov No. of Certificate of Origin
RM mil.
ASEAN Trade in Goods Agreement (ATIGA)
Total FOB (RM mil.) Total CO
- 500 1,000 1,500 2,000 2,500 3,000 3,500
0 200 400 600 800 1,000 1,200 1,400
25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct 20 Oct 27 Oct 3 Nov 10 Nov No. of Certificate of Origin
RM mil.
ASEAN-China Free Trade Agreement (ACFTA)
Total FOB (RM mil.) Total CO
- 100 200 300 400 500 600 700 800 900
0 100 200 300 400 500 600 700 800 900
25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct 20 Oct 27 Oct 3 Nov 10 Nov No. of Certificate of Origin
RM mil.
ASEAN-Korea Free Trade Agreement (AKFTA)
Total FOB (RM mil.) Total CO
- 50 100 150 200 250 300 350
0 20 40 60 80 100 120 140 160
25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct 20 Oct 27 Oct 3 Nov 10 Nov No. of Certificate of Origin
RM mil.
ASEAN-Japan Comprehensive Economic Partnership (AJCEP)
Total FOB (RM mil.) Total CO
- 100 200 300 400 500 600 700 800 900
0 100 200 300 400 500 600 700 800 900
25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct 20 Oct 27 Oct 3 Nov 10 Nov No. of Certificate of Origin
RM mil.
ASEAN-India Free Trade Agreement (AIFTA)
Total FOB (RM mil.) Total CO
- 200 400 600 800 1,000 1,200
0 100 200 300 400 500 600
25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct 20 Oct 27 Oct 3 Nov 10 Nov No. of Certificate of Origin
RM mil.
ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)
Total FOB (RM mil.) Total CO
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Sale s V alu e
Number and Value of Preferential Certificates of Origin (PCOs)
- 200 400 600 800 1,000 1,200
0 20 40 60 80 100 120 140 160 180 200
25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct 20 Oct 27 Oct 3 Nov 10 Nov No. of Certificate of Origin
RM mil.
Malaysia-Japan Economic Partnership Agreement (MJEPA)
Total FOB (RM mil.) Total CO
- 20 40 60 80 100 120 140 160 180 200
0 10 20 30 40 50 60 70 80
25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct 20 Oct 27 Oct 3 Nov 10 Nov No. of Certificate of Origin
RM mil.
Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)
Total FOB (RM mil.) Total CO
- 1 2 3 4 5 6 7 8 9 10
0.00 0.05 0.10 0.15 0.20 0.25 0.30 0.35
25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct 20 Oct 27 Oct 3 Nov 10 Nov No. of Certificate of Origin
RM mil.
Malaysia-New Zealand Free Trade Agreement (MNZFTA)
Total FOB (RM mil.) Total CO
- 10 20 30 40 50 60 70 80 90
0 200 400 600 800 1,000 1,200
25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct 20 Oct 27 Oct 3 Nov 10 Nov No. of Certificate of Origin
RM mil.
Malaysia-Chile Free Trade Agreement (MCFTA)
Total FOB (RM mil.) Total CO
- 50 100 150 200 250 300 350 400 450 500
0 50 100 150 200 250 300 350
25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct 20 Oct 27 Oct 3 Nov 10 Nov No. of Certificate of Origin
RM mil.
Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)
Total FOB (RM mil.) Total CO
- 100 200 300 400 500 600
0 10 20 30 40 50 60
25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct 20 Oct 27 Oct 3 Nov 10 Nov No. of Certificate of Origin
RM mil.
Malaysia-Australia Free Trade Agreement (MAFTA)
Total FOB (RM mil.) Total CO
- 50 100 150 200 250 300 350
0 20 40 60 80 100 120 140 160
25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct 20 Oct 27 Oct 3 Nov 10 Nov No. of Certificate of Origin
RM mil.
Malaysia-Turkey Free Trade Agreement (MTFTA)
Total FOB (RM mil.) Total CO
Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia
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Malaysian Ringgit Exchange Rate with Selected Countries, January 2018 - October 2019
US Dollar
Philippine Peso
Vietnamese Dong
Hong Kong Dollar
Indonesian Rupiah
Indian Rupee
3.9578
3.8862
4.1881 4.1879
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 Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2018 2019
RM
USD 1 = RM
7.8384
7.4635
8.1353
6.50 6.70 6.90 7.10 7.30 7.50 7.70 7.90 8.10 8.30
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2018 2019
RM
PHP 100 = RM
0.0174
0.0171
0.0181
0.0164 0.0166 0.0168 0.0170 0.0172 0.0174 0.0176 0.0178 0.0180 0.0182
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2018 2019
RM
VND 100 = RM
50.6090
49.5163
53.4695 53.4041
47.00 48.00 49.00 50.00 51.00 52.00 53.00 54.00
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2018 2019
RM
HKD 100 = RM
0.0296
0.0274
0.0297 0.0297
0.025 0.026 0.026 0.027 0.027 0.028 0.028 0.029 0.029 0.030 0.030
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2018 2019
RM
IDR 100 = RM
6.2202
5.6504
5.8953
5.50 5.60 5.70 5.80 5.90 6.00 6.10 6.20 6.30
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2018 2019
RM
INR 100 = RM
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1.3%*
US$63.3
%*
US$43.8
5.5%*
US$1,741.2
US$280.0 %*
(high)
15 November 2019 %*
US$260.0 (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-
15 November 2019
CRUDE PALM OIL -per MT-
5.3%*
US$673.0
15 November 2019
RUBBER SMR 20 -per MT-
0.7%*
US$1,364.0
COCOA SMC 2 -per MT-
COAL -per MT-
SUGAR -per lbs-
1.3%*
US$12.7
SCRAP IRON HMS -per MT-
5 Oct 2018 : US$84.2
Highest
2018/2019
17 May 2019 : US$72.2
9 Aug 2019 : US$54.5 28 Dec 2018 : US$52.2
Lowest 2018/2019
9 Mar 2018 : US$691.5
Highest
2018/2019
15 Nov 2019 : US$673.0
26 July 2019 : US$488.5 23 Nov 2018 : US$448.5
Lowest 2018/2019 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$66.9
Domestic Prices
15 November 2019
Steel Bars
(per MT)
RM1,920– RM2,070
Billets
(per MT) RM1,650 - RM1,700
15 November
2019 15 November
2019 15 November 2019
15 November 2019
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Commodity Price Trends
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
1,308.6 1,370.6
1,518.8 1,633.0
1,677.8
1,696.9
1,630.6
1,677.4 1,689.4
1,623.9 1,651.1
1,741.2
1,300 1,350 1,400 1,450 1,500 1,550 1,600 1,650 1,700 1,750 1,800
30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov
US$/mt
Cocoa
2,0502,059 2,066 2,027
2,002 2,004 2,003 2,002 2,002
1,957 1,976
1,968
1,800.0 1,850.0 1,900.0 1,950.0 2,000.0 2,050.0 2,100.0
30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov
US$/mt
Pepper
1,295.5
1,352.0 1,351.0 1,341.5
1,282.0
1,252.5 1,291.0
1,309.5 1,322.0
1,337.5 1,355.0
1,364.0
1,220 1,240 1,260 1,280 1,300 1,320 1,340 1,360 1,380
30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov
US$/mt
Rubber SMR 20
55.1 56.5
54.9 58.1
55.9
52.8 54.5 53.8
56.7 56.2 57.2 57.7
60.4 61.5
60.2 64.3
61.9
58.4 60.5
59.4
62.0 61.762.5 63.3
40 45 50 55 60 65 70
30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov
US$/bbl
Crude Petroleum
Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl 553.0
570.0566.0 579.5
567.5
538.5 533.0
554.5 564.5
583.5 639.0
673.0
485 505 525 545 565 585 605 625 645 665 685
30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov
US$/mt
Crude Palm Oil
11.1 11.0
11.9 12.1
12.6 12.8
12.412.3 12.4
12.5 12.6 12.7
10.8 11.3 11.8 12.3 12.8 13.3
30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov
US¢/lbs
Sugar
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18.3 18.1
17.6 17.8
17.0
17.6 17.5 17.6 17.9
18.1
16.8 16.9
16.2 16.7 17.2 17.7 18.2 18.7
30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov
US$/oz
Silver
49.1 49.0
48.3 48.3
47.9 48.2
47.6 47.9
48.7 48.5
47.1 47.2 47.0
47.5 48.0 48.5 49.0 49.5
30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov
US$/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.
2,255 2,300 2,238 2,082 2,052 2,026 2,030 1,939 1,920 1,854 1,863 1,871 1,845 1,781 1,756 1,797 1,741 1,754 1,726
1,400 1,500 1,600 1,700 1,800 1,900 2,000 2,100 2,200 2,300 2,400
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2018 2019
US$/ tonne
Aluminium
6,852 6,825 6,966 6,251 6,051 6,051 6,220 6,196 6,075 5,939 6,300 6,439 6,438 6,018 5,882 5,941 5,709 5,759 5,757
4,000 4,500 5,000 5,500 6,000 6,500 7,000 7,500
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2018 2019
US$/ tonne
Copper
13,938 14,366 15,106 13,794 13,411 12,510 12,315 11,240 10,835 11,523 12,685 13,026 12,773 12,016 11,944 13,546 15,749 17,657 17,046
7,000 9,000 11,000 13,000 15,000 17,000 19,000
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2018 2019
US$/ tonne
Nickel
Commodity Price Trends
65.75 66.10 65.04 64.56 67.15 68.44 73.41 73.26 69.15 76.16 88.22 86.47 93.70 100.15 108.94 120.24 93.07 93.08 88.53
50.0 60.0 70.0 80.0 90.0 100.0 110.0 120.0 130.0
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2018 2019
US$/dmtu
Iron Ore
931.7 958.5
952.2 942.6
889.2 886.9 900.3
895.9 933.3
954.0
893.1 894.5
820.0 840.0 860.0 880.0 900.0 920.0 940.0 960.0 980.0
30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov
US$/oz
Platinum
300.0 300.0 300.0
280.0 275.0
265.0 260.0
250.0 250.0 260.0 260.0
280.0 280.0 280.0 280.0 270.0
270.0 250.0
245.0 235.0
230.0225.0 225.0 235.0
250.0 260.0260.0
260.0
200 220 240 260 280 300 320
16 Aug23 Aug30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov
US$/mt
Scrap Iron
Scrap Iron/MT (High) Scrap Iron/MT(Low)48.8 48.3
46.6 45.645.1
44.1 43.643.6
44.6 44.1 44.1 43.8 43.8 43.8
40 42 44 46 48 50 52 54 56
16 Aug 23 Aug 30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov 15 Nov
US$/t
Coal
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MITI Minister's official working visit to Hungary and Signing of Memorandum of Understanding (MoU) on Economic Cooperation between Malaysia and
Hungary ,13-17 November 2019
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MITI Deputy Minister officiating the soft launch Forum Ekonomi Shah Alam (FESA)
14 November 2019
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Colombian Coffee Day in MITI
13 November 2019
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MITI Deputy Minister official launch of the
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