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.
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
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 .
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
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
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
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
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
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
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
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)
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
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$668.3
MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur
Commodity Price Trends
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
1,508.2
1,477.7 1,568.1
1,647.2 1,621.3
1,597.2
1,543.5
1,501.3
1,456.9 1,435.7
1,453.21,461.8
1,350 1,400 1,450 1,500 1,550 1,600 1,650 1,700
11 Feb 19 Feb 26 Feb 5 Mar 12 Mar 19 Mar 26 Mar 1 Apr 9 Apr 16 Apr 23 Apr 30 Apr 2021
US$/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
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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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
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