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YB DATO’ SERI MOHAMED AZMIN ALI CALLS FOR YB DATO’ SERI MOHAMED AZMIN ALI CALLS FOR ENHANCED COLLABORATION BETWEEN THE UAE AND ENHANCED COLLABORATION BETWEEN THE UAE AND

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

Weekly

Weekly BULLETIN BULLETIN

VOLUME 636 VOLUME 636

4 May 2021 | NO. ISSN :2180-0448 4 May 2021 | NO. ISSN :2180-0448

MEDIA RELEASE

Senior Minister and Minister of International Trade and Industry YB Dato’ Seri Mohamed Azmin Ali visited the Malaysia Pavilion at Expo 2020 Dubai as part of the initiatives of the Trade and Investment Mission to the United Arab Emirates (UAE) he is currently leading. The visit aims to keep abreast with the construction progress of the Pavilion, which is set to attract one million visitors and the participation of 300 Malaysian companies as well as 5,000 delegates for Malaysia’s trade and business programmes scheduled throughout the expo.

YB DATO’ SERI MOHAMED AZMIN ALI CALLS FOR YB DATO’ SERI MOHAMED AZMIN ALI CALLS FOR ENHANCED COLLABORATION BETWEEN THE UAE AND ENHANCED COLLABORATION BETWEEN THE UAE AND

MALAYSIA AT EXPO DUBAI 2020 MALAYSIA AT EXPO DUBAI 2020

The Expo, which will be held for six months from 1 October 2021 until 31 March 2022, will play a pivotal role in promoting Malaysia’s strength as a trade and investment hub for businesses in the MENASA region (Middle East, North Africa and South Asia region) and beyond. The Expo will be participated by 192 countries and international organisations and targets to attract 25 million visitors. Given the scale of this most anticipated Expo, Malaysian companies can fully leverage the platform to expedite their business recovery due to the impact of the COVID-19 pandemic.

The expo is themed as “Connecting Minds Creating the Future” with sub-themes

“Opportunity”, “Mobility”, and “Sustainability”, while the Malaysia Pavilion’s theme is

“Energising Sustainability”. The Malaysia Pavilion drew its inspiration from the rainforest and selected commodities sourced responsibly to reflect the development of a smart city. To this end, credit must go to the Malaysian team who have contributed their tireless efforts, despite facing multiple challenges due to movement controlsimposed throughout the period of completing this project.

Malaysia’s participation in the Expo is projected to generate RM10 billion (USD2.5 billion) of potential trade and investments through 1,000 business leads and formalisation of 20 Memorandums of Understanding/Agreements during the Expo.

“It is essential for Malaysia to put a value proposition which is able to elevate our country’s advantages in future technology and science, conducive investment and business environment as well as numerous opportunities in new and emerging

Bilateral meeting with H.E. Abdulla Bin Touq, Minister of Economy UAE and H.E. Dr. Thani Bin Ahmed Al Zeyoudi,

Minister of State for Foreign Trade UAE.

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

MEDIA RELEASE

economic sectors such as fintech, Industry 4.0, eco industrial park and renewable energy (RE). Malaysia’s participation in the World Expo will be able to highlight these emerging areas to high-value partners from around the world and this is very timely in the current challenging economic context,” Dato’ Seri Mohamed Azmin Ali said.

According to the Ministry of Science, Technology and Innovation Malaysia - the lead Ministry managing Malaysia’s participation in the Expo - the Malaysia Pavilion’s exterior is expected to be completed by end of May 2021 while the Interior Design, AV and Technology fit-out is scheduled to commence from June onwards. The final completion for the entire building with operational fitness certificate is targeted by September 2021.

Prior to Dato’ Seri Mohamed Azmin’s visit to Expo Dubai 2020, he had met with H.E. Reem Ebrahim Al Hashimy, the Minister of State for International Cooperation of the UAE. During the meeting, he congratulated H.E. Reem Ebrahim and the UAE Government as a whole for their commitment in organising the first World Expo in the MENASA region and their utmost dedication in facilitating the participating countries’

efforts to construct their respective Pavilions within a strict set of Standard Operating Procedures (SOPs).

“I communicated to H.E Reem Ebrahim that it is imperative for UAE to carry out the event despite facing the difficulties caused by the pandemic. The Expo will definitely serve as an important platform for business opportunities in the face of the global economic slowdown resulting from the COVID-19 pandemic. I had also extended Malaysia’s best wishes on Expo 2020 to the UAE Government,” the Senior Minister said.

The Malaysia Pavilion will also be conducting a series of key events organised by various Ministries. Among them are:

(i) World Halal Economic Forum organsed by Halal Development Corporation (an agency under Ministry of International Trade and Industry);

(ii) Malaysia UAE Investment Week by Malaysian Investment Development Authority (an agency under Ministry of International Trade and Industry);

(iii) Palm Oil Trade Fair and Seminar by Malaysian Palm Oil Council (an agency under Ministry of Plantation Industries and Commodities); and

(iv) Malaysia International Tech Summit (MITS) by the Ministry of Science, Technology and Innovation.

During the meeting with H.E Reem Ebrahim too, Dato’ Seri Mohamed Azmin proposed for more collaboration between the Malaysia and UAE Pavilion at the Expo on areas such as business matching, social programmes, seminar and exchange of invitation as speakers/audiances. These enhanced areas of collaboration are aimed at creating more business opportunities and to boost bilateral relations between the two nations.

MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY 3 MAY 2021

YB DATO’ SERI MOHAMED AZMIN ALI CALLS FOR YB DATO’ SERI MOHAMED AZMIN ALI CALLS FOR ENHANCED COLLABORATION BETWEEN THE UAE AND ENHANCED COLLABORATION BETWEEN THE UAE AND

MALAYSIA AT EXPO DUBAI 2020

MALAYSIA AT EXPO DUBAI 2020

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

MEDIA RELEASE

MINISTRY INTERNATIONAL TRADE AND INDUSTRY

ENHANCE ADOPTION OF INDUSTRY 4.0 TECHNOLOGIES ENHANCE ADOPTION OF INDUSTRY 4.0 TECHNOLOGIES

MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY 1 MAY 2021 Ministry of International Trade and Industry (MITI) calls on the Malaysian business community to accelerate the adoption of industry 4.0 (i4.0) technologies in line with the National Industry4WRD Policy. Understanding the application and benefits of the technologies and processes are key for industries’ transformation to remain relevant and face global competition during these challenging times.

In the effort to improve the business community’s awareness and adoption of i4.0, MITI is organising a webinar entitled The Road Ahead with Industry4WRD on 4 May

2021. Deputy Minister of International Trade and Industry, YB Datuk Lim Ban Hong will officiate the webinar organised in collaboration with MITI Agencies and the industries represented by Federation of Malaysian Manufacturers (FMM) and SME Association.

Set to attract over 200 industry Small and Medium Enterprises (SMEs), the event aims to promote MITI’s Industry4WRD Readiness Assessment (RA) and Intervention Fund (IF) programmes under the Twelfth Malaysia Plan, 2021-2025 where the Government has approved an allocation of RM100 million. The webinar will feature four presentations on Industry4WRD Policy and Readiness Assessment, On-site Readiness Assessment, Intervention Fund and related grants as well as an experience sharing session by an SME that has undergone industry 4.0 adoption under the Industry4WRD initiatives.

Industry4WRD RA is a comprehensive programme to help SMEs assess their capabilities and readiness to adopt i4.0 technologies and processes by using a pre- determined set of indicators to understand their present capabilities and gaps. Through the programme, SMEs will be assessed based on the three shift factors crucial to industry 4.0, namely people, process and technology.

SMEs which have undergone the Industry4WRD RA programme that receive recommendations to migrate to i4.0. can avail the Industry4WRD Intervention Fund (IF) - a matching grant with a maximum amount of RM500,000 with upfront payment of 30 per cent by the Government to kickstart the company’s intervention strategies towards i4.0 adoption. SMEs can also apply for other incentives such as the Domestic Investment Strategic Fund and High Impact Fund to facilitate their i4.0 migration plan.

MITI is committed to building a holistic ecosystem for manufacturing and its related services sector through the implementation of various initiatives under the Industry4WRD Policy. The Government will support and assist more SMEs in their digital i4.0 transformation journey, to remain competitive by capturing the benefits of disruptive technologies and innovation. This is also essential to assist businesses recover from the impact of the COVID-19 and ensuring their resilience.

For those keen to take part in the webinar they can secure their spot by registering on https://zoom.us/webinar/register/WN_twZ1ofk5QoyqjC6VxHf2UQ or visit www.

miti.gov.my .

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

EXTERNAL TRADE INDEX, MARCH 2021 EXTERNAL TRADE INDEX, MARCH 2021

The export volume index recorded a double digit growth of 17.3% in March 2021, in line with the rise in Malaysia’s export value as compared with the previous month. The increment was contributed by the increases in the index of manufactured goods (+31.4%), machinery & transport equipment (+25.4%) and miscellaneous manufactured articles (+18.3%). Similarly, the export unit value index also posted a positive growth at 2.2% in the same month, reflected by the growth in all sections particularly mineral fuels (+8.3%), animal &

vegetable oils & fats (+4.0%) and machinery & transport equipment (+1.0%).

The import volume index grew 14.8% in March 2021 as compared to the preceding month. The uptrend in the import volume index was in accordance with the growth in Malaysia’s import value, contributed by the expansion in the index of chemicals (+23.0%), machinery & transport equipment (+14.8%) and manufactured goods (+13.7%). Meanwhile, the import unit value index increased 1.0% in March 2021 as compared with the previous month. The increment was contributed by the better performance of the index of mineral fuels (+4.7%), machinery & transport equipment (+0.7%) and manufactured goods (+0.5%).

Mala ysia Sta tistics

Source: https://www.dosm.gov.my

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

PRODUCER PRICE INDEX, MARCH 2021 PRODUCER PRICE INDEX, MARCH 2021

The Producer Price Index (PPI) local production continued to increase with a growth of 6.7 per cent in March 2021, 4.0 point higher than 2.7 per cent recorded last month. Based on PPI record, this is the highest increase since August 2017.

The growth was driven by the increase in the Mining index which rebounded to 32.0 per cent as compared to negative 11.0 per cent in the previous month. The Agriculture, forestry & fishing index marked a new high growth of 41.1 per cent as commodities recorded higher prices this month. Subsequently, Manufacturing index also registered an increase of 2.2 per cent resulted from a higher price of petroleum and agriculture commodities. Meanwhile, Electricity & gas supply and Water supply indices recorded a decline of 1.4 per cent and 0.1 per cent respectively.

Mala ysia Sta tistics

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

Interna tional R e por t

Source: http://www.unido.org/

COMPETITIVE INDUSTRIAL PERFORMANCE (CIP) INDEX, 2020

COMPETITIVE INDUSTRIAL PERFORMANCE (CIP) INDEX, 2020

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

Interna tional R e por t

Source: http://www.unido.org/

SCORES AND RANKS OF THE TOP PERFORMING COUNTRIES IN THE CIP INDEX SCORES AND RANKS OF THE TOP PERFORMING COUNTRIES IN THE CIP INDEX

DISTRIBUTION OF CIP SCORES (QUINTILES) ON THE WORLD MAP, 2018 DISTRIBUTION OF CIP SCORES (QUINTILES) ON THE WORLD MAP, 2018

COMPETITIVE INDUSTRIAL PERFORMANCE (CIP) INDEX, 2020

COMPETITIVE INDUSTRIAL PERFORMANCE (CIP) INDEX, 2020

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur Source: https://www.trademap.org/index.aspx

Interna tional Mer chandise T rade

SWITZERLAND

US$ 1.33m 3.6%

P.R.CHINA

US$ 2.03m 5.5%

HONG KONG

US$ 13.75m 37.5%

JAPAN

US$ 1.16m 3.2%

1

2

4 3

5 In 2019, Malaysia’s export of Watch movements, complete and

assembled, electrically operated, with combined opto-electronic and mechanical display, whether

or not with dial and hands recorded US$ 16.01 million which was 43.7% share of the

world exports

Notes:

-*HS910819

-% refer to share in world exports

MALAYSIA US$ 16.01m

43.7%

MALAYSIA'S TOP FIVE EXPORT DESTINATION

WORLD LARGEST EXPORTER OF WATCH MOVEMENTS, COMPLETE WORLD LARGEST EXPORTER OF WATCH MOVEMENTS, COMPLETE

AND ASSEMBLED, ELECTRICALLY OPERATED, WITH COMBINED AND ASSEMBLED, ELECTRICALLY OPERATED, WITH COMBINED OPTO-ELECTRONIC AND MECHANICAL DISPLAY, WHETHER OR NOT OPTO-ELECTRONIC AND MECHANICAL DISPLAY, WHETHER OR NOT

WITH DIAL AND HANDS WITH DIAL AND HANDS

SINGAPORE 1

US$

9.49m

HONG KONG 2

US$

3.36m

3

JAPAN 3.15m US$

4

P.R.CHINA US$

0.02m

5

AUSTRALIA US$

0.002m

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

Number of PCO as at 25 April 2021 Weekly / Monthly/ Annually

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000

7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr 2021

No. of Certificate of Origin

Total CO by Scheme

AANZFTA AIFTA AJCEP ATIGA ACFTA AKFTA MICECA MNZFTA

MCFTA MAFTA MJEPA MPCEPA GSP MTFTA AHKFTA

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000

6 7 8 9 10 11 12 13 14 15 16 17

2021 Total No of CO

TOTAL BILATERAL TOTAL REGIONAL

0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000

Total No of CO

TOTAL BILATERAL TOTAL REGIONAL 0

10,000 20,000 30,000 40,000 50,000 60,000

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

2020 2021

Total No of CO

TOTAL BILATERAL TOTAL REGIONAL

Weekly

Annually Monthly

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

Weekly Total

Scheme

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

Regional FTA

Number of Preferential Certificates of Origin (PCOs)

0 10 20 30 40 50 60

7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr

2021

No. of Certificate of Origin

Generalised System of Preferences (GSP)

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

0 1,000 2,000 3,000 4,000 5,000 6,000

7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr

2021

No. of Certificate of Origin

ASEAN Trade in Goods Agreement (ATIGA)

0 500 1,000 1,500 2,000 2,500 3,000 3,500

7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr

2021

No. of Certificate of Origin

ASEAN-China Free Trade Agreement (ACFTA)

0 200 400 600 800 1,000 1,200

7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr

2021

No. of Certificate of Origin

ASEAN-Korea Free Trade Agreement (AKFTA)

0 50 100 150 200 250 300 350 400

7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr

2021

No. of Certificate of Origin

ASEAN-Japan Comprehensive Economic Partnership (AJCEP)

0 100 200 300 400 500 600 700 800 900 1,000

7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr

2021

No. of Certificate of Origin

ASEAN-India Free Trade Agreement (AIFTA)

0 200 400 600 800 1,000 1,200 1,400

7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr

2021

No. of Certificate of Origin

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

0 1 2 3 4 5 6 7 8

7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr

2021

No. of Certificate of Origin

ASEAN-Hong Kong, China Free Trade Agreement (AHKFTA)

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

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

Bilateral FTA

Number of Preferential Certificates of Origin (PCOs)

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

0 100 200 300 400 500 600 700 800 900 1,000

7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr

2021

No. of Certificate of Origin

Malaysia-Japan Economic Partnership Agreement (MJEPA)

0 20 40 60 80 100 120 140 160 180

7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr

2021

No. of Certificate of Origin

Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)

0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 10.00

7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr

2021

No. of Certificate of Origin

Malaysia-New Zealand Free Trade Agreement (MNZFTA)

0 10 20 30 40 50 60 70 80 90 100

7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr

2021

No. of Certificate of Origin

Malaysia-Chile Free Trade Agreement (MCFTA)

0 50 100 150 200 250 300 350 400 450

7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr

2021

No. of Certificate of Origin

Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)

0 100 200 300 400 500 600

7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr

2021

No. of Certificate of Origin

Malaysia-Australia Free Trade Agreement (MAFTA)

0 50 100 150 200 250 300 350

7 Feb 14 Feb 21 Feb 28 Feb 7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr

2021

No. of Certificate of Origin

Malaysia-Turkey Free Trade Agreement (MTFTA)

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

Malaysian Ringgit Exchange Rate with Selected Countries, January 2020 - April 2021

Source : Bank Negara Malaysia

US Dollar

Chinese Yuan

Thai Baht

Japanese Yen

Singapore Dollar

New Taiwan Dollar

4.0797

4.3553

4.0369

4.1241

4.01 4.06 4.11 4.16 4.21 4.26 4.31 4.36 4.41

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

2020 2021

RM

USD 1 = RM

0.5895

0.6320

0.56 0.57 0.58 0.59 0.60 0.61 0.62 0.63 0.64

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

2020 2021

RM

CNY 1 = RM

13.4124

13.7216

13.1473

12.8 12.9 13.0 13.1 13.2 13.3 13.4 13.5 13.6 13.7 13.8

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

2020 2021

RM

THB 100 = RM

3.7321

4.0505

3.7801

3.60 3.65 3.70 3.75 3.80 3.85 3.90 3.95 4.00 4.05 4.10

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

2020 2021

RM

JPY 100 = RM

3.0204

2.9959

3.0886

2.94 2.96 2.98 3.00 3.02 3.04 3.06 3.08 3.10

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

2020 2021

RM

SGD 1 = RM

13.5884

14.5864

13.00 13.20 13.40 13.60 13.80 14.00 14.20 14.40 14.60 14.80

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

2020 2021

RM

TWD 100 = RM

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

0.1%*

US$71.9

SUGAR -per lbs-

0.6%*

US$17.0

1.4%*

US$1,690.0

Commodity Prices

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.

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

%*

US$450.0 (low) US$460.0

%*

(high)

30 Apr 2021 0.6%*

US$1,461.8 RUBBER SMR 20 -per MT- COCOA SMC 2 -per MT-

COAL -per MT- SCRAP IRON HMS -per MT-

Average Price 2020 i : US$1,333.4 Average Price 2020 i : US$1,576.6 Average Price 2020 i : US¢12.9

Average Price 2020 i : US$307.9 (high) Average Price 2020 i : US$284.7 (low) Average Price 2020 i : US$47.7

Domestic Prices

30 Apr 2021

Steel Bars

(per MT)

RM2,850 – RM3,000

Billets

(per MT) RM2,710- RM2,795

30 Apr 2021 30 Apr 2021 30 Apr 2021

30 Apr 2021

1.7%*

US$67.3

CRUDE PETROLEUM (BRENT) -per bbl-

30 Apr 2021

CRUDE PALM OIL -per MT-

0.5%*

US$1,072.0

30 Apr 2021

03 Jan 2020 : US$68.6

Highest

2020/2021

5 Mar 2021 : US$69.4

15 Jan 2021 : US$55.1 24 Apr 2020 : US$21.4

Lowest 2020/2021

24 Dec 2020 : US$944.2

Highest

2020/2021

23 Apr 2021 : US$1,077.1

22 Jan 2021 : US$884.7 8 May 2020 : US$473.0

Lowest 2020/2021 Average Price 2020 i : US$43.5 Average Price 2020i : US$668.3

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

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.

1,508.2

1,477.7 1,568.1

1,647.2 1,621.3

1,597.2

1,543.5

1,501.3

1,456.9 1,435.7

1,453.21,461.8

1,350 1,400 1,450 1,500 1,550 1,600 1,650 1,700

11 Feb 19 Feb 26 Feb 5 Mar 12 Mar 19 Mar 26 Mar 1 Apr 9 Apr 16 Apr 23 Apr 30 Apr 2021

US$/mt

Cocoa

1,615.5 1,690.0

1,846.5

1,756.0 1,796.5

1,779.0

1,692.5

1,652.0

1,626.0 1,638.5 1,666.5

1,690.0

1,500 1,550 1,600 1,650 1,700 1,750 1,800 1,850 1,900

11 Feb 19 Feb 26 Feb 5 Mar 12 Mar 19 Mar 26 Mar 1 Apr 9 Apr 16 Apr 23 Apr 30 Apr 2021

US$/mt

Rubber SMR 20

59.5 59.2 61.5

66.1 65.6

61.4 61.0 61.5 59.3

63.5 62.1 63.6 62.4 62.9

66.1

69.4 69.2

64.5 64.6 64.9 63.0

66.6 66.1 67.3

40.0 45.0 50.0 55.0 60.0 65.0 70.0 75.0 80.0

12 Feb 19 Feb 26 Feb 5 Mar 12 Mar 19 Mar 26 Mar 1 Apr 9 Apr 16 Apr 23 Apr 30 Apr 2021

US$/bbl

Crude Petroleum

Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl 15.8

16.9 16.8

16.4 16.1

15.8

15.2

14.7 15.4

16.6

16.9 17.0

14.0 14.5 15.0 15.5 16.0 16.5 17.0 17.5

11 Feb 19 Feb 26 Feb 5 Mar 12 Mar 19 Mar 26 Mar 1 Apr 9 Apr 16 Apr 23 Apr 30 Apr 2021

US¢/lbs

Sugar

959.1 968.7

987.8

967.5 1,018.5

968.9 968.0

990.8 1,032.5

1,019.5 1,077.1

1,072.0

940 960 980 1,000 1,020 1,040 1,060 1,080

11 Feb 19 Feb 26 Feb 5 Mar 12 Mar 19 Mar 26 Mar 1 Apr 9 Apr 16 Apr 23 Apr 30 Apr 2021

US$/mt

Crude Palm Oil

2,491 2,491 2,488 2,486 2,500 2,566

2,679 2,837

2,976

3,2203,285 3,291

2,300.0 2,500.0 2,700.0 2,900.0 3,100.0 3,300.0 3,500.0

11 Feb 19 Feb 26 Feb 5 Mar 12 Mar 19 Mar 26 Mar 1 Apr 9 Apr 16 Apr 23 Apr 30 Apr 2021

US$/mt

Pepper

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

27.3 27.3

26.4

25.3 25.9

26.3

25.1 24.9

25.3 26.1 26.1

25.9

24.0 24.5 25.0 25.5 26.0 26.5 27.0 27.5 28.0

12 Feb 19 Feb 26 Feb 5 Mar 12 Mar 19 Mar 26 Mar 1 Apr 9 Apr 16 Apr 23 Apr 30 Apr 2021

US$/oz

Silver

58.4

57.4

56.0

54.5 54.8 55.8 55.7

55.5 56.0

57.1 57.3 56.8

54.0 55.0 56.0 57.0 58.0 59.0 60.0 61.0

12 Feb 19 Feb 26 Feb 5 Mar 12 Mar 19 Mar 26 Mar 1 Apr 9 Apr 16 Apr 23 Apr 30 Apr 2021

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.

1,871 1,845 1,781 1,756 1,

797 1,741 1,754 1,726 1,775 1,771 1,773 1,688 1,611 1,460 1,466 1,569 1,644 1,737 1,744 1,806 1,935 2,015 2,004 2,079 2,190

1,300 1,400 1,500 1,600 1,700 1,800 1,900 2,000 2,100 2,200 2,300

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

2019 2020 2021

US$/ tonne

Aluminium

6,439 6,438 6,018 5,882 5,941

5,709 5,759 5,757 5,860 6,077 6,031 5,688 5,183 5,058 5,240 5,755 6,372 6,499 6,705 6,714 7,069 7,772 7,972 8,471 8,988

4,000 5,000 6,000 7,000 8,000 9,000 10,000

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

2019 2020 2021

US$/ tonne

Copper

13,026 12,773 12,016 11,944 13,546 15,749 17,657 17,046 15,172 13,829 13,507 12,716 11,846 11,804 12,180 12,

727 13,

402 14,538 14,857 15,239 15,808 16,823 17,863 18,584 16,407

7,000 9,000 11,000 13,000 15,000 17,000 19,000 21,000

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

2019 2020 2021

US$/ tonne

Nickel

Commodity Price Trends

86.47 93.70 100.15 108.94 120.24 93.07 93.08 88.53 84.98 92.65 95.76 87.68 88.99 84.73 93.65 103.30 108.52 121.07 123.75 119.78 124.36 155.43 169.63 164.77 168.18

50.0 70.0 90.0 110.0 130.0 150.0 170.0 190.0

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

2019 2020 2021

US$/dmtu

Iron Ore

1,259.0 1,293.1

1,185.3

1,128.3 1,200.3 1,200.1

1,177.9

1,208.6 1,209.3 1,208.7 1,233.1 1,205.2

950.0 1,000.0 1,050.0 1,100.0 1,150.0 1,200.0 1,250.0 1,300.0 1,350.0

12 Feb 19 Feb 26 Feb 5 Mar 12 Mar 19 Mar 26 Mar 1 Apr 9 Apr 16 Apr 23 Apr 30 Apr 2021

US$/oz

Platinum

405.0

470.0 470.0 470.0 470.0

452.0 452.0455.0 440.0440.0

460.0 460.0

395.0

450.0455.0 455.0 455.0

427.0 427.0 425.0 430.0 426.0 450.0 450.0

350.0 370.0 390.0 410.0 430.0 450.0 470.0 490.0

12 Feb 19 Feb 26 Feb 5 Mar 12 Mar 19 Mar 26 Mar 1 Apr 9 Apr 16 Apr 23 Apr 30 Apr

US$/mt

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

67.0

66.0 66.2 65.3

66.1 68.5 68.5

70.2

67.6

71.6 71.8 71.9

63.0 64.0 65.0 66.0 67.0 68.0 69.0 70.0 71.0 72.0

12 Feb 19 Feb 26 Feb 5 Mar 12 Mar 19 Mar 26 Mar 1 Apr 9 Apr 16 Apr 23 Apr 30 Apr 2021

US$/t

Coal

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

For more information, kindly click the following links:

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ALL Y OU NEED T O KNO W ...

(17)

MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

For more information, kindly click the following links:

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ALL Y OU NEED T O KNO W ...

(18)

MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

SAFE@WORK SAFE@WORK

Announcements

(19)

MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

Announcements

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Announcements

COVID & MCO

COVID & MCO

(21)

MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

Announcements

For more information, kindly click the following links:

https://www.myapec2020.my/en/

For more information, please contact :

Bagi sebarang pertanyaan berkaitan MITI seperti operasi sektor ekonomi atau amalan BDR/WFH sila hubungi talian hotline MITI seperti di atas.

03-6200 0468 / 69 / 57 allaki@miti.gov.my

(22)

MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

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Announcements

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

Announcements

WE ARE GOING BOTH WORLDS ! WE ARE GOING BOTH WORLDS !

Due to the recent announcement of Movement Control Order (MCO/PKP) by the Government, the Population and Housing Census 2020 will continue

in dual mode; face-to-face interview and online until 30th June 2021.

Please be counted by participating in e-Census at :

Stay Home | Keep Calm |Your Data | Our Future http://ecensus.mycensus.gov.my

Please contact @MyCensus2020 helpdesk for further assistance.

Hotline : 1-800-88-7720

(24)

MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

Dear Readers,

Kindly click the link below for any comments in this issue. MWB reserves the right to edit and republish letters as reprints.

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MWB APPs can be downloaded from Gallery of

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Rujukan

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Deputy Minister of International Trade and Industry, YB Datuk Lim Ban Hong urges local Small and Medium Enterprises (SMEs) keen to explore ways to transform and diversify

While public discussion and reports centres more popularly on vehicle production and new models, Minister of International and Industry, YB Datuk Darell Leiking argues that

YB Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry had a dialogue session with the Engineering Fraternity at MITI Tower today.. The dialogue session was

The National Committee on Investment (NCI), co- chaired by YB Datuk Darell Leiking, Minister of the International Trade and Industry (MITI) and YB Tuan Lim Guan Eng, Minister

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Kuala Lumpur, 20 January 2020 – The Deputy Minister of International Trade and Industry, YB Dr.. Ong Kian Ming officiated the Seminar on Industry4WRD Incentives at MITI

YB Datuk Darell Leiking, Minister of International Trade and Industry will lead the Malaysian delegation to the 16 th China-ASEAN Expo (CAEXPO) in Nanning and Malaysia Week 2019

International Trade and Industry Minister Dato’ Sri Mustapa Mohamed said efforts would be made to promote and encourage private sector investments in both countries.In 2012,