MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ... Weekly...MITI WEEKLY BULLETTIN 1 MITI Tower, No.,...

MITI WEEKLY BULLETTINWWW.MITI.GOV.MY1

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

MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY

WeeklyWeekly BULLETINBULLETINVOLUME 610VOLUME 610

3 November 2020 | NO. ISSN :2180-04483 November 2020 | NO. ISSN :2180-0448

ME

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THE Covid-19 pandemic has brought with its devastating economic repercussions, possibly the harshest that we have seen in recent history. This has necessitated us to strike a delicate balance between safeguarding the health of our people while protecting their economic interests.

The World Trade Organisation (WTO) has predicted that the global economy over the next two years will remain highly uncertain, similar to the predictions from the World Bank, International Monetary Fund (IMF) and the Organisation for Economic Cooperation and Development (OECD).

Being located in the Asia-Pacific rim, in the centre of many Asean countries, Malaysia has the privilege to remain as an attractive investment destination particularly with the favourable investment environment, including the availability of excellent infrastructure, telecommunication services, financial and banking services, supporting industries as well as a big pool of talents with skills and trainable workforce.

This reveals when Malaysia maintained its strong position globally, ranking second-highest in South-East Asia and 12th out of 169 countries for trade connectivity in the DHL Global Connectedness Index (GCI) report in 2019.

For the first six months of 2020, Malaysia recorded a total of RM64.8bil worth of investments in the manufacturing, services and primary sectors, despite the multiple headwinds on the global front. These investments involved 1,725 projects and will create 37,110 employment opportunities.

Among the recent high-quality investments approved by the Malaysian Investment Development Authority (MIDA) include Ultra Clean Holdings, a US-based company in developing and supplying ultra-high purity cleaning and analytical services primarily for the semiconductor industry; Smith and Nephew from UK to produce high-tech pharmaceutical products including knee and hip implants; Bosch, a German entity for setting up a manufacturing facility park in Penang for testing of semiconductor components and sensors; and Bruker, a Swiss company establishing its first facility in Asia to develop solutions for scientist and manufacturers.

This indicate that Malaysia has the ability to meet the stringent demands of highly regulated industries, which showcases the country’s robust and diverse array of supply chains.

In the services sector, there are positive trends where many international companies have chosen Malaysia as their regional hub. Air Liquide, a French company, established its Smart Innovation Operations (ISO) in Malaysia as a remote operation centre which is supported by the local talents for South-East Asia operations; IKEA from Sweden that has established a regional distribution and supply chain centre for South-East Asian and Indian markets; and Standard Chartered established it’s Global Business Services, an Intelligence and Command Centre to serve its operations globally around the clock.

The Covid-19 pandemic has also shaped a new generation of business behaviours and expedites the adaptation of digitalisation by focusing on emerging opportunities from the low-touch economy such as the digitalised tourism, fintech, next-gen smart factories, clinical trial hub for developing countries and global online learning.

Hence, Malaysia will not be spared and we have no choice but to adapt and embrace the new opportunities made available through the Industry 4.0 mainly through the adoption of smart manufacturing processes and technologies to enhance production flexibility and efficiency.

We are now looking at high-tech and emerging fields like a machine-to-machine applications and new opportunities that are available for investors to venture into, especially in the sensor technology.

Malaysia an agile investment hub, even in Malaysia an agile investment hub, even in health crisishealth crisis



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To further support the current economic situation, Malaysia has introduced the National Short-Term Economic Recovery Plan called Penjana on June 5,2020. This comprehensive package amounting to RM35bil aims to regenerate the national economy, focusing on three main components: empowering the people, propelling businesses and stimulating the economy.

Under this plan, the government through my Ministry, MITI and its agency MIDA has introduced various investment measures to revive Malaysia’s economy. Among them are:

> The establishment of a dedicated unit, aptly named PACU or the Project Acceleration and Coordination Unit to facilitate the speedy approval and implementation of investment projects in the country. This initiative, coupled with the new online module e-Manufacturing License (e-ML), enables companies to obtain approvals for their manufacturing projects within two working days.

> Tax exemption of 10 years and 15 years on selected new investments from foreign firms ranging from RM300mil to RM500mil and RM500mil and above, respectively.

> Relocation of existing companies into Malaysia with capital investment above RM300mil will be eligible to apply for a 100% investment tax allowance on qualifying capital expenditure incurred for a period of five years.

Our agency MIDA also actively organises various digital investment promotion programmes such as virtual webinars at local and international platforms; trade and investment missions to Europe region, the US, Japan, South Korea and China; engagement sessions with major stakeholders namely international chambers, banks, financial institutions and undertake media blitz.

The government has also established a One-Stop-Centre (OSC) at MIDA effective Oct 2,2020 to evaluate and approve applications by eligible business travellers to enter Malaysia for trade and investment purposes.

The initiative led by MITI is managed by MIDA with representatives from the Immigration Department, Health Ministry (MoH) to ensure the legitimacy and health status of business travellers prior to their entry into Malaysia. OSC will assume a critical role in ensuring Malaysia to remain steady on the path of economic recovery and growth, by enabling executive and essential personnel to travel to and continue their work in Malaysia.

According to Bank Negara, the Malaysian economy is forecast to grow within the range of 5.5% in 2021, while the IMF and the World Bank expects Malaysia’s GDP to grow between 6.3% and 6.9%. It is expected that the country’s economy will regain its momentum in 2021 with industrial production index (IPI) rates rebounding in the second half of the year in tandem with global demand.

Moving forward, we are optimistic that Malaysia will continue to be a preferred investment destination for world businesses. As of July 2020, MIDA has a total of 732 projects with proposed investments of RM35.9bil in the pipeline for the manufacturing, services and primary sectors.

The government, through MITI and MIDA, will strive to provide better support through innovative engagements and collaborations with private and public sectors towards broadening prosperity for the country.

This is our commitment to our investors in providing the best facilitation and ensuring the sustainability of the business entities in the new norm.

On that note, I would like to take this opportunity to welcome all multinational companies (MNCs) already in Malaysia to consider expanding their operations here and make full use of the support the Malaysian government has introduced particularly in fiscal and non-fiscal benefits. As for the MNCs that have yet to venture here, the government of Malaysia welcomes you to Malaysia and rest assured, you can do your business with the world – all from the comfort of Malaysia.

YB Datuk Lim Ban HongDeputy MinisterMinistry of International Trade and IndustryThe Star, 31 October 2020

Malaysia an agile investment hub, even in Malaysia an agile investment hub, even in health crisis (cont'd)health crisis (cont'd)



Ma

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ia S

tati

stic

s

Source: Department of Statistics, Malaysia

MALAYSIA EXTERNAL TRADE, SEPTEMBER 2020

Malaysia’s exports in September 2020, amounted to RM88.9 billion rebounded to register a double-digit growth of 13.6 per cent compared with same month in 2019. Imports continued to register a negative growth with a smaller magnitude of 3.6 per cent from RM69.4 billion to RM67.0 billion. Trade surplus was valued at RM22.0 billion and this was the 2nd highest monthly trade surplus after July 2020 with a growth of 149.3 per cent year-on-year (y-o-y). Total trade totalled RM155.9 billion, expanded by 5.5 per cent.



Ma

lays

ia S

tati

stic

s 71,216

17,711

49,246

-

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP

RM M

illio

n

Domestic Exports Imports --> Re-exports Retain Imports


MALAYSIA EXTERNAL TRADE, SEP 2019 - SEP 2020

346,

739

73,3

21

54,4

48

27,7

30

311,

106

67,5

85

54,2

69

14,9

89

-

50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

INTERMEDIATE GOODS CAPITAL GOODS CONSUMPTION GOODS OTHERS*

RM M

illio

n

Jan-Sep 2019 Jan-Sep 2020

MALAYSIA RETAIN IMPORT BY END USE & BEC**, JAN - SEP 2019 vs JAN - SEP 2020

**BEC - Broad Economic Categories*Others : Dual Use Goods, Goods n.e.s & Transaction below RM5,000



Ma

lays

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tati

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sPRODUCER PRICE INDEX, SEPTEMBER 2020




Inte

rnat

ion

al M

erc

ha

nd

ise

Tra

de

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

World LARGEST Exporter of Copper powders, of lamellar structure, and flakes of copper (excluding grains of copper and spangles of heading 8308)

In 2019. Malaysia’s export of Copper powders, of lamellar structure, and flakes of copper (excluding grains of copper and spangles of heading 8308) recorded

USD 891.59 million with 85.3% share to the world exports.

TOP 5 TOP 5 MALAYSIA MALAYSIA

EXPORT EXPORT DESTINATIONSDESTINATIONS

1

23

5

4

P.R.ChinaUS$ 715.46 Million

JapanUS$ 51.97 Million

R.O.KoreaUS$ 41.58 Million

Hong KongUS$ 32.45 Million

Chinese TaipeiUS$ 0.04 Million

US$ 891.59Million85.3%

1 1 Malaysia

US$ 36.19Million3.5%

33 Indonesia

US$10.08Million1.0%

4 4 P.R.China

US$ 9.35Million0.9%

55 Singapore

US$ 39.22 Million3.8%

22 Germany

Notes: -HS740620-% refer to share in world exports



Number and FOB Value of PCO as at 18 October 2020 Weekly / Monthly/ Annually

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

28 29 30 31 32 33 34 35 36 37 38 39 40 41 42

2020

Total No of CO

TOTAL BILATERAL TOTAL REGIONAL

0.0

50,000.0

100,000.0

150,000.0

200,000.0

250,000.0

300,000.0

350,000.0

28 29 30 31 32 33 34 35 36 37 38 39 40 41 42

RM m

il.

2020

Total FOB (RM mil)


0

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

900,000

1,000,000

2012 2013 2014 2015 2016 2017 2018 2019 2020(Jan-Sep)

Total No of CO


0.0

50,000.0

100,000.0

150,000.0

200,000.0

250,000.0

300,000.0

350,000.0

400,000.0

Jan Feb Mar Apr May June Jul Aug Sep

RM m

il.

2020

Total FOB (RM mil)


0

10,000

20,000

30,000

40,000

50,000

60,000

Jan Feb Mar Apr May June Jul Aug Sep

2020

Total No of CO


0.0

100,000.0

200,000.0

300,000.0

400,000.0

500,000.0

600,000.0

2012 2013 2014 2015 2016 2017 2018 2019 2020(Jan-Sep)

RM m

il.

Total FOB (RM mil)


Weekly

Annually

Monthly

Note: *Provisional Data- Data for 25 October 2020 is not available

Source: Ministry of International Trade and Industry, Malaysia



Regional FTA

-100

0

100

200

300

400

500

600

700

800

900

0

10

20

30

40

50

60

70

80

2 A

ug

9 A

ug

16 A

ug

23 A

ug

30 A

ug

6 Se

p

13 S

ep

20 S

ep

27 S

ep

4 O

ct

11 O

ct

18 O

ct

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.

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

0

50,000

100,000

150,000

200,000

250,000

300,000

350,0002

Aug

9 A

ug

16 A

ug

23 A

ug

30 A

ug

6 Se

p

13 S

ep

20 S

ep

27 S

ep

4 O

ct

11 O

ct

18 O

ct

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN Trade in Goods Agreement (ATIGA)


0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

2 A

ug

9 A

ug

16 A

ug

23 A

ug

30 A

ug

6 Se

p

13 S

ep

20 S

ep

27 S

ep

4 O

ct

11 O

ct

18 O

ct

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN-China Free Trade Agreement (ACFTA)


0

500

1,000

1,500

2,000

2,500

3,000

3,500

0

200

400

600

800

1,000

1,200

2 A

ug

9 A

ug

16 A

ug

23 A

ug

30 A

ug

6 Se

p

13 S

ep

20 S

ep

27 S

ep

4 O

ct

11 O

ct

18 O

ct

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN-Korea Free Trade Agreement (AKFTA)


0

200

400

600

800

1,000

1,200

0

100

200

300

400

500

600

2 A

ug

9 A

ug

16 A

ug

23 A

ug

30 A

ug

6 Se

p

13 S

ep

20 S

ep

27 S

ep

4 O

ct

11 O

ct

18 O

ct

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN-Japan Comprehensive Economic Partnership (AJCEP)


0

500

1,000

1,500

2,000

2,500

0

100

200

300

400

500

600

700

2 A

ug

9 A

ug

16 A

ug

23 A

ug

30 A

ug

6 Se

p

13 S

ep

20 S

ep

27 S

ep

4 O

ct

11 O

ct

18 O

ct

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN-India Free Trade Agreement (AIFTA)


0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

0

1,000

2,000

3,000

4,000

5,000

6,000

2 A

ug

9 A

ug

16 A

ug

23 A

ug

30 A

ug

6 Se

p

13 S

ep

20 S

ep

27 S

ep

4 O

ct

11 O

ct

18 O

ct

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

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


0

1

2

3

4

5

6

7

0

1

1

2

2

3

2 A

ug

9 A

ug

16 A

ug

23 A

ug

30 A

ug

6 Se

p

13 S

ep

20 S

ep

27 S

ep

4 O

ct

11 O

ct

18 O

ct

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

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






Bilateral FTANumber and Value of Preferential Certificates of Origin (PCOs)



0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

0

200

400

600

800

1,000

1,200

2 A

ug

9 A

ug

16 A

ug

23 A

ug

30 A

ug

6 Se

p

13 S

ep

20 S

ep

27 S

ep

4 O

ct

11 O

ct

18 O

ct

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Japan Economic Partnership Agreement (MJEPA)


0

200

400

600

800

1,000

1,200

0

50

100

150

200

250

300

350

400

2 A

ug

9 A

ug

16 A

ug

23 A

ug

30 A

ug

6 Se

p

13 S

ep

20 S

ep

27 S

ep

4 O

ct

11 O

ct

18 O

ct

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)


0

2

4

6

8

10

12

0.00

0.10

0.20

0.30

0.40

0.50

0.60

0.70

2 A

ug

9 A

ug

16 A

ug

23 A

ug

30 A

ug

6 Se

p

13 S

ep

20 S

ep

27 S

ep

4 O

ct

11 O

ct

18 O

ct

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-New Zealand Free Trade Agreement (MNZFTA)


0

50

100

150

200

250

300

350

400

450

0

10

20

30

40

50

60

2 A

ug

9 A

ug

16 A

ug

23 A

ug

30 A

ug

6 Se

p

13 S

ep

20 S

ep

27 S

ep

4 O

ct

11 O

ct

18 O

ct

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Chile Free Trade Agreement (MCFTA)


0

200

400

600

800

1,000

1,200

1,400

1,600

0

50

100

150

200

250

300

350

400

2 A

ug

9 A

ug

16 A

ug

23 A

ug

30 A

ug

6 Se

p

13 S

ep

20 S

ep

27 S

ep

4 O

ct

11 O

ct

18 O

ct

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)


0

200

400

600

800

1,000

1,200

1,400

0

50

100

150

200

250

2 A

ug

9 A

ug

16 A

ug

23 A

ug

30 A

ug

6 Se

p

13 S

ep

20 S

ep

27 S

ep

4 O

ct

11 O

ct

18 O

ct

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Australia Free Trade Agreement (MAFTA)


0

200

400

600

800

1,000

1,200

0

200

400

600

800

1,000

1,200

2 A

ug

9 A

ug

16 A

ug

23 A

ug

30 A

ug

6 Se

p

13 S

ep

20 S

ep

27 S

ep

4 O

ct

11 O

ct

18 O

ct

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Turkey Free Trade Agreement (MTFTA)




Malaysian Ringgit Exchange Rate with Selected Countries,January 2019 - October 2020

Source : Bank Negara Malaysia

US Dollar

Chinese Yuan

Thai Baht

Japanese Yen

Singapore Dollar

New Taiwan Dollar

4.1161

4.0746

4.3553

4.1527

4.06

4.11

4.16

4.21

4.26

4.31

4.36

4.41

Jan

Feb

Mar

Apr

May Ju

n Jul

Aug Se

p

Oct

Nov

Dec Ja

n

Feb

Mar

Apr

May Ju

n Jul

Aug Se

p

Oct

2019 2020

RM

USD 1 = RM

0.6064

0.5880

0.6172

0.57

0.58

0.58

0.59

0.59

0.60

0.60

0.61

0.61

0.62

0.62

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 Se

p

Oct

2019 2020

RM

CNY 1 = RM

12.9318

12.8563

13.7884

13.2796

12.20

12.40

12.60

12.80

13.00

13.20

13.40

13.60

13.80

14.00

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 Se

p

Oct

2019 2020

RM

THB 100 = RM

3.7814

3.6696

4.0505

3.9448

3.60

3.65

3.70

3.75

3.80

3.85

3.90

3.95

4.00

4.05

4.10

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 Se

p

Oct

2019 2020RM

JPY 100 = RM

3.0350

2.9959

3.0722

3.0548

2.94

2.96

2.98

3.00

3.02

3.04

3.06

3.08

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 Se

p

Oct

2019 2020

RM

SGD 1 = RM

13.3508

13.2198

14.5082 14.4664

13.00

13.20

13.40

13.60

13.80

14.00

14.20

14.40

14.60

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 Se

p

Oct

2019 2020

RM

TWD 100 = RM



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$285.0

(low)

%*US$310.0

(high)30 Oct 2020

1.1%*US$56.1

4.2%* US$1,443.3

RUBBER SMR 20 -per MT-

2.0%*US$1,678.5

COCOA SMC 2 -per MT-

COAL -per MT-

SUGAR -per lbs-

2.4%*US$14.4

SCRAP IRON HMS -per MT-

Average Price 2019 i : US$1,414.6 Average Price 2019 i : US$1,592.4 Average Price 2019 i : US¢12.4

Average Price 2019 i : US$316.9 (high)Average Price 2019 i : US$291.6(low)Average Price 2019 i : US$56.5

Domestic Prices30 Oct 2020

Steel Bars(per MT)

RM2,150 – RM2,250

Billets(per MT)

RM1,900- RM1,950

30 Oct 2020 30 Oct 2020 30 Oct 2020

30 Oct 2020

10.3%*US$37.5

CRUDE PETROLEUM (BRENT) -per bbl-

30 Oct 2020

CRUDE PALM OIL -per MT-

6.3%*US$781.8

30 Oct 2020

17 May 2019 : US$72.2

Highest2019/2020

03 Jan 2020 : US$68.6

24 Apr 2020 : US$21.4 09 Aug 2019 : US$54.5

Lowest2019/2020

27 Dec 2019 : US$794.5

Highest2019/2020

30 Oct 2020 : US$781.8

8 May 2020 : US$473.0 26 Jul 2019 : US$488.5

Lowest2019/2020

Average Price 2019 i : US$64.2 Average Price 2019 i : US$557.1



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.

1,481.3 1,484.3

1,491.2

1,621.5

1,569.8

1,629.3

1,637.3

1,520.2

1,488.8

1,444.2

1,507.3

1,443.3

1,400

1,450

1,500

1,550

1,600

1,650

1,700

14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct

2020

US$/

mt

Cocoa

1,301.51,320.5

1,356.0 1,357.5

1,341.5

1,374.0

1,406.0

1,367.0

1,425.5

1,515.5

1,645.0

1,678.5

1,190

1,290

1,390

1,490

1,590

1,690


2020

US$

/mt

Rubber SMR 20

42.042.3

43.0

39.8

37.3

41.1

40.3

37.1

40.6 40.9

39.9

35.8

44.844.4

45.1

42.7

39.8

43.2

41.9

39.3

42.942.9

41.8

37.5

34

36

38

40

42

44

46

48


2020

US$

/bbl

Crude Petroleum

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

13.1

12.8

12.6

11.9

12.6

13.4

13.5 13.6

14.214.4

14.7

14.4

11.0

11.5

12.0

12.5

13.0

13.5

14.0

14.5

15.0


2020

US¢

/lbs

Sugar

662.5

666.9

676.6

703.2

691.7

739.8

690.8

682.9

724.3

722.2

735.4

781.8

600

620

640

660

680

700

720

740

760

780

800


2020

US$

/mt

Crude Palm Oil

2,387 2,3842,399 2,400

2,416 2,4102,427 2,404

2,356

2,258

2,175

2,127 2,122

2,000.0

2,050.0

2,100.0

2,150.0

2,200.0

2,250.0

2,300.0

2,350.0

2,400.0

2,450.0

7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 18 Sep 25 Sep 2 Oct 9 Oct 16 Oct 23 Oct 30 Oct

2020

US$/

mt

Pepper



26.1

26.7

27.6

26.726.9

27.1

23.1

24.0

25.1

24.4

24.7

23.6

22.0

23.0

24.0

25.0

26.0

27.0

28.0


2020

US$

/oz

Silver

62.5

61.9

62.9

61.9

62.6 62.7

59.8

61.2

61.8

61.3 61.2

60.5

56.0

57.0

58.0

59.0

60.0

61.0

62.0

63.0

64.0


2020

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.

2,08

2 2,

052

2,02

6 2,

030

1,93

9 1,

920

1,85

4 1,

863

1,87

1 1,

845

1,78

1 1,

756 1,79

7 1,

741

1,75

4 1,

726 1,

775

1,77

1 1,

773

1,68

8 1,

611

1,46

0 1,

466

1,56

9 1,

644

1,73

7 1,

744

1,300

1,400

1,500

1,600

1,700

1,800

1,900

2,000

2,100

2,200

Jul

Au

gSe

pO

ctN

ov

Dec Jan

Feb

Mar

Ap

rM

ay Jun

Jul

Au

gSe

pO

ctN

ov

Dec Jan

Feb

Mar

Ap

rM

ay Jun

Jul

Au

gSe

p

2018 2019 2020

US$

/ to

nn

e

Aluminium

6,25

1 6,

051

6,05

1 6,22

0 6,

196

6,07

5 5,

939

6,30

0 6,43

9 6,

438

6,01

8 5,

882

5,94

1 5,

709

5,75

9 5,

757

5,86

0 6,07

7 6,

031

5,68

8

5,18

3 5,

058 5,

240

5,75

5 6,

372 6,

499 6,

705

4,000

4,500

5,000

5,500

6,000

6,500

7,000

Jul

Aug Se

pO

ctN

ovD

ec Jan

Feb

Mar

Apr

May Jun Jul

Aug Se

pO

ctN

ovD

ec Jan

Feb

Mar

Apr

May Jun Jul

Aug Se

p

2018 2019 2020

US$

/ to

nne

Copper

13,7

94

13,4

11

12,5

10

12,3

15

11,2

40

10,8

35

11,5

23 12

,685

13

,026

12

,773

12

,016

11

,944

13,5

46

15,7

49

17,6

57

17,0

46

15,1

72

13,8

29

13,5

07

12,7

16

11,8

46

11,8

04

12,1

80

12,7

27

13,4

02 14

,538

14

,857

7,000

9,000

11,000

13,000

15,000

17,000

19,000

Jul

Aug Se

pO

ctN

ovD

ec Jan

Feb

Mar

Apr

May Jun

Jul

Aug Se

pO

ctN

ovD

ec Jan

Feb

Mar

Apr

May Jun

Jul

Aug Se

p

2018 2019 2020

US$

/ to

nne

Nickel

Commodity Price Trends

64

.56

67

.15

68

.44 73

.41

73

.26

69

.15

76

.16

88

.22

86

.479

3.7

0 10

0.1

51

08

.94

12

0.2

4

93

.07

93

.08

88

.53

84

.98

92

.65

95

.76

87

.68

88

.99

84

.73

93

.65

10

3.3

01

08

.52

12

1.0

71

23

.75

50.0

60.0

70.0

80.0

90.0

100.0

110.0

120.0

130.0

Jul

Au

gS

ep

Oct

No

vD

ec

Jan

Fe

bM

ar

Ap

rM

ay

Jun

Jul

Au

gS

ep

Oct

No

vD

ec

Jan

Fe

bM

ar

Ap

rM

ay

Jun

Jul

Au

gS

ep

2018 2019 2020

US

$/d

mtu

Iron Ore

959.1

926.1

940.0

898.2

939.6 938.5

842.0

891.4

894.3

869.3

906.7

848.4

800.0

820.0

840.0

860.0

880.0

900.0

920.0

940.0

960.0

980.0

1,000.0


2020

US

$/o

z

Platinum

310.0 310.0 310.0 310.0 310.0 310.0

320.0 320.0

310.0 310.0 310.0 310.0

290.0 290.0 290.0 290.0 290.0 290.0

300.0 300.0

285.0 285.0 285.0 285.0

270

280

290

300

310

320

330


2020

US

$/m

t

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

49.3

48.749.0

51.451.7

52.052.4

56.4

57.657.0

56.756.1

47

49

51

53

55

57

59


2020

US

$/t

Coal



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

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

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....

....

...



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We are doing things differently in today's world. MITI, through our agency, MATRADE HQ, is organising a virtual exhibition, the first-of-its-kind in Malaysia, called #MyAPEC2020 Exhibition, in conjunction with Malaysia hosting the @APEC 2020. The virtual exhibition, scheduled for Sept 1 to Dec 31, will showcase products and services from Malaysia and other APEC - Asia-Pacific Economic Cooperation member economies. The virtual exhibition is a great platform for APEC economies to expand their outreach and can be accessed through myapec2020.matrade.gov.my or the APEC portal and Matrade website.



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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 [email protected]



For more information, kindly click the following links:https://bit.ly/2RUyG8l

For more information, kindly click the following links: https://bit.ly/2ZhxmRp

For submission, kindly click https://notification.miti.gov.my/login

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http://ecensus.mycensus.gov.my



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