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1 MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446 VOLUME 503 MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY Weekly BULLETIN 25 September 2018 | NO. ISSN : 2180-0448 2.1% 2.0% 1.1% 0.4% 0.7% 0.0% -1.0% -1.70% -2.2% -2.9% -3.0% -4.0% CPI August increased 0.2% compared to August 2017 Inflation Rate for Main Groups, August 2018 / 2017 Malaysia Statistics Consumer Price Index (CPI), August 2018 CPI by state (2010=100) Notes : - % change year-on-year Transport Housing, Water, Electricity, Gas & Other Fuels Education Food & Non-Alcoholic Beverages Restaurants & Hotels Health Alcoholic Beverages & Tobacco Furnishings, Household Equipment & Routine Household Maintenance Recreation Services & Culture Clothing & Footwear Miscellaneous Goods & Services Communication Notes : - % change year-on-year Source: Department of Statistics, Malaysia Negeri Sembilan 0.6% WP Kuala Lumpur 0.5% Selangor & WP Putrajaya 0.3% Pulau Pinang 0.2% Johor 0.2% Sabah & WP Labuan 0.1% Sarawak 0.0% Pahang 0.0% Kelantan -0.1% Perak -0.1% Terengganu -0.3% Melaka -0.3% Kedah & Perlis -0.3%
17

Weekly MINISTRY OF INTERNATIONAL TRADE AND ... Weekly...3.80 3.90 4.00 4.10 4.20 4.30 4.40 4.50 4.60 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr MayJun Jul Aug

Oct 10, 2020

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Page 1: Weekly MINISTRY OF INTERNATIONAL TRADE AND ... Weekly...3.80 3.90 4.00 4.10 4.20 4.30 4.40 4.50 4.60 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr MayJun Jul Aug

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

VOLUME 503

MINISTRY OF INTERNATIONAL TRADE AND INDUSTRYWeekly

B U L L ET I N25 September 2018 | NO. ISSN : 2180-0448

Trade Performance for the Month of July 2018 and the Period of January- July 2018

2.1%2.0%1.1%0.4%0.7%0.0%-1.0%

-1.70%-2.2%-2.9%-3.0%-4.0%

CPI August increased 0.2% compared to August 2017

Inflation Rate for Main Groups, August 2018 / 2017

Mal

aysi

a St

atis

tics

Consumer Price Index (CPI), August 2018CP

I by s

tate

(2010

=100

)

Notes : - % change year-on-year

Transport Housing, Water, Electricity, Gas & Other Fuels Education Food & Non-Alcoholic Beverages Restaurants & Hotels Health Alcoholic Beverages & Tobacco Furnishings, Household Equipment & Routine Household Maintenance Recreation Services & Culture Clothing & Footwear Miscellaneous Goods & Services Communication

Notes : - % change year-on-year

Source: Department of Statistics, Malaysia

Negeri Sembilan 0.6%WP Kuala Lumpur 0.5%Selangor & WP Putrajaya 0.3%Pulau Pinang 0.2%Johor 0.2%Sabah & WP Labuan 0.1%Sarawak 0.0%Pahang 0.0%Kelantan -0.1%Perak -0.1%Terengganu -0.3%Melaka -0.3%Kedah & Perlis -0.3%

Page 2: Weekly MINISTRY OF INTERNATIONAL TRADE AND ... Weekly...3.80 3.90 4.00 4.10 4.20 4.30 4.40 4.50 4.60 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr MayJun Jul Aug

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

MITI Weekly Bulletin | www.miti.gov.my

Food & Non-Alcoholic Beverages

Alcoholic Beverages & Tobacco

Clothing & Footwear

Housing, Water, Electricity, Gas & Other Fuels

Furnishings, Household Equipment & Routine Household Maintenance

Health

Transport

Communication

Recreation Services & Culture

Education

Restaurants & Hotels

Miscellaneous Goods & Services

Inflation Rate for Main Groups, Urban and Rural MalaysiaAugust 2018 / 2017

Urban Rural

0.5%

-0.9%

-3.3%

1.9%

-1.7%

-0.1%

2.1%

-4.3%

-2.2%

1.3%

0.7%

-3.1%

0.1%

-0.8%

-1.2%

1.5%

-1.4%

-0.3%

2.2%

-1.9%

-2.1%

0.4%

0.6%

-2.5%

Mal

aysi

a St

atis

tics

Source: Department of Statistics, Malaysia

Notes : - % change year-on-year

Malaysia : 0.2%

Page 3: Weekly MINISTRY OF INTERNATIONAL TRADE AND ... Weekly...3.80 3.90 4.00 4.10 4.20 4.30 4.40 4.50 4.60 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr MayJun Jul Aug

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

MITI Weekly Bulletin | www.miti.gov.my

Labour Force, July 2018M

alay

sia

Stat

isti

cs

Number of labour force increased 2.6 % in July 2018 as compared to July 2017

Emplo

yed

July 2018 : 14.88 milJuly 2017 : 14.50 mil

2.6%

Unemployment Rate

July 2018 : 3.4%July 2017 : 3.5%

68.2 68.2 68.2 68.2

68.4

68.568.6

Labour Force Participation Rate

JanFeb Mar Apr

May

JunJul

Year:2018%

Outside Labour Force

July 2018 : 7.0 milJuly 2017 : 7.2 mil

0.7%

- Unemployment rate is the proportion of unemployed population to the total population in labour force. - Labour force participation rate is defined as the ratio of labour force to the working age population(15-64 years), expressed as percentage.

Notes :

Source : Department of Statistics, Malaysia

Notes : Outside Labour Force : All persons not classified as employed or unemployed as stated above are classified as outside labour force. They include housewives, students (including those going for further studies), retired, disabled persons and those not interested in looking or a job.

Page 4: Weekly MINISTRY OF INTERNATIONAL TRADE AND ... Weekly...3.80 3.90 4.00 4.10 4.20 4.30 4.40 4.50 4.60 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr MayJun Jul Aug

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

MITI Weekly Bulletin | www.miti.gov.my

Malaysia was ranked number one exporter of Primary cells and primary batteries, electric (excluding spent, and those of silver oxide, mercuric oxide,

manganese dioxide, lithium and air-zinc)* in 2017

Inte

rnat

iona

l St

atis

tics

Malaysia’s top five export destinations for primary cells and primary batteries, electric (excluding spent, and those of silver oxide, mercuric oxide,

manganese dioxide, lithium and air-zinc) in 2017

Notes : - % Share in Malaysia’s export - *Refers to HS 850680Source: http://www.trademap.org/Index.aspx

Malaysia Indonesia USA Thailand Hong Kong SAR Others

20%US$150.2

mil.

14.6%US$109.6

mil.

35.1%US$263.5

mil.

12.6%US$94.4

mil.9.9%

US$74.5mil.

7.8%US$58.2

mil.

USAUS$95.8m

63.8% GermanyUS$23.7m

15.8% SingaporeUS$9.3m

6.2%Hong Kong SAR

US$8.2m5.4%

BelgiumUS$5.9m

3.9%

Note: - % Share in world exports

1

2

34

5

Page 5: Weekly MINISTRY OF INTERNATIONAL TRADE AND ... Weekly...3.80 3.90 4.00 4.10 4.20 4.30 4.40 4.50 4.60 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr MayJun Jul Aug

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

MITI Weekly Bulletin | www.miti.gov.my

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

0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

1 Ju

l

8 Ju

l

15 J

ul

22 J

ul

29 J

ul

5 A

ug

12 A

ug

19 A

ug

26 A

ug

2 Se

p

9 Se

p

16 S

ep

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Generalised System of Preferences (GSP)

Total FOB (RM mil.) Total CO

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

Number and Value of Preferential Certificates of Origin (PCOs)

0

1,000

2,000

3,000

4,000

5,000

6,000

0

1,000

2,000

3,000

4,000

5,000

6,0001

Jul

8 Ju

l

15 J

ul

22 J

ul

29 J

ul

5 A

ug

12 A

ug

19 A

ug

26 A

ug

2 Se

p

9 Se

p

16 S

ep

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN Trade in Goods Agreement (ATIGA)

Total FOB (RM mil.) Total CO

0

500

1,000

1,500

2,000

2,500

3,000

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

1 Ju

l

8 Ju

l

15 J

ul

22 J

ul

29 J

ul

5 A

ug

12 A

ug

19 A

ug

26 A

ug

2 Se

p

9 Se

p

16 S

ep

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN-China Free Trade Agreement (ACFTA)

Total FOB (RM mil.) Total CO

0

200

400

600

800

1,000

1,200

1,400

0

500

1,000

1,500

2,000

2,500

1 Ju

l

8 Ju

l

15 J

ul

22 J

ul

29 J

ul

5 A

ug

12 A

ug

19 A

ug

26 A

ug

2 Se

p

9 Se

p

16 S

ep

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN-Korea Free Trade Agreement (AKFTA)

Total FOB (RM mil.) Total CO

0

50

100

150

200

250

300

0

20

40

60

80

100

120

1 Ju

l

8 Ju

l

15 J

ul

22 J

ul

29 J

ul

5 A

ug

12 A

ug

19 A

ug

26 A

ug

2 Se

p

9 Se

p

16 S

ep

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN-Japan Comprehensive Economic Partnership (AJCEP)

Total FOB (RM mil.) Total CO

0

100

200

300

400

500

600

700

800

900

0

50

100

150

200

250

300

1 Ju

l

8 Ju

l

15 J

ul

22 J

ul

29 J

ul

5 A

ug

12 A

ug

19 A

ug

26 A

ug

2 Se

p

9 Se

p

16 S

ep

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN-India Free Trade Agreement (AIFTA)

Total FOB (RM mil.) Total CO

0

200

400

600

800

1,000

1,200

1,400

1,600

0

20

40

60

80

100

120

140

160

180

1 Ju

l

8 Ju

l

15 J

ul

22 J

ul

29 J

ul

5 A

ug

12 A

ug

19 A

ug

26 A

ug

2 Se

p

9 Se

p

16 S

ep

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

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

Total FOB (RM mil.) Total CO

Page 6: Weekly MINISTRY OF INTERNATIONAL TRADE AND ... Weekly...3.80 3.90 4.00 4.10 4.20 4.30 4.40 4.50 4.60 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr MayJun Jul Aug

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

MITI Weekly Bulletin | www.miti.gov.my

Number and Value of Preferential Certificates of Origin (PCOs)

0

100

200

300

400

500

600

700

800

900

1,000

0

50

100

150

200

250

300

350

4001

Jul

8 Ju

l

15 J

ul

22 J

ul

29 J

ul

5 A

ug

12 A

ug

19 A

ug

26 A

ug

2 Se

p

9 Se

p

16 S

ep

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Japan Economic Partnership (MJEPA)

Total FOB (RM mil.) Total CO

0

50

100

150

200

250

0

20

40

60

80

100

120

140

160

180

1 Ju

l

8 Ju

l

15 J

ul

22 J

ul

29 J

ul

5 A

ug

12 A

ug

19 A

ug

26 A

ug

2 Se

p

9 Se

p

16 S

ep

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Pakistan Closer Economic Partnership (MPCEPA)

Total FOB (RM mil.) Total CO

0

2

4

6

8

10

12

14

16

0.00

0.10

0.20

0.30

0.40

0.50

0.60

1 Ju

l

8 Ju

l

15 J

ul

22 J

ul

29 J

ul

5 A

ug

12 A

ug

19 A

ug

26 A

ug

2 Se

p

9 Se

p

16 S

ep

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-New Zealand Free Trade Agreement (MNZFTA)

Total FOB (RM mil.) Total CO

0

10

20

30

40

50

60

70

80

90

100

0

5

10

15

20

25

1 Ju

l

8 Ju

l

15 J

ul

22 J

ul

29 J

ul

5 A

ug

12 A

ug

19 A

ug

26 A

ug

2 Se

p

9 Se

p

16 S

ep

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Chile Free Trade Agreement (MCFTA)

Total FOB (RM mil.) Total CO

0

50

100

150

200

250

300

350

400

450

500

0

20

40

60

80

100

120

1 Ju

l

8 Ju

l

15 J

ul

22 J

ul

29 J

ul

5 A

ug

12 A

ug

19 A

ug

26 A

ug

2 Se

p

9 Se

p

16 S

ep

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)

Total FOB (RM mil.) Total CO

0

100

200

300

400

500

600

0

10

20

30

40

50

60

70

1 Ju

l

8 Ju

l

15 J

ul

22 J

ul

29 J

ul

5 A

ug

12 A

ug

19 A

ug

26 A

ug

2 Se

p

9 Se

p

16 S

ep

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Australia Free Trade Agreement (MAFTA)

Total FOB (RM mil.) Total CO

0

50

100

150

200

250

300

350

0

50

100

150

200

250

300

1 Ju

l

8 Ju

l

15 J

ul

22 J

ul

29 J

ul

5 A

ug

12 A

ug

19 A

ug

26 A

ug

2 Se

p

9 Se

p

16 S

ep

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Turkey Free Trade Agreement (MTFTA)

Total FOB (RM mil.) Total CO

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

Page 7: Weekly MINISTRY OF INTERNATIONAL TRADE AND ... Weekly...3.80 3.90 4.00 4.10 4.20 4.30 4.40 4.50 4.60 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr MayJun Jul Aug

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

MITI Weekly Bulletin | www.miti.gov.my

Malaysian Ringgit Exchange Rate with Selected Countries,January 2017 - August 2018

US Dollar

Philippine Peso

Vietnamese Dong

Hong Kong Dollar

Indonesian Rupiah

Indian Rupee

4.4596

3.8862

4.0917

3.50

3.60

3.70

3.80

3.90

4.00

4.10

4.20

4.30

4.40

4.50

4.60

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

2017 2018

RM

USD 1 = RM

8.9685

7.4635

7.6796

6.50

7.00

7.50

8.00

8.50

9.00

9.50

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

2017 2018

RM

PHP 100 = RM

0.0197

0.0171

0.0176

0.0155

0.0160

0.0165

0.0170

0.0175

0.0180

0.0185

0.0190

0.0195

0.0200

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

2017 2018

RM

VND 100 = RM

57.4972

49.5163

52.1265

44.00

46.00

48.00

50.00

52.00

54.00

56.00

58.00

60.00

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

2017 2018RM

HKD 100 = RM

0.0334

0.0281

0.025

0.026

0.027

0.028

0.029

0.030

0.031

0.032

0.033

0.034

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

2017 2018

RM

IDR 100 = RM

6.5503

6.8277

5.8692

5.8897

5.20

5.40

5.60

5.80

6.00

6.20

6.40

6.60

6.80

7.00

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

2017 2018

RM

INR 100 = RM

Page 8: Weekly MINISTRY OF INTERNATIONAL TRADE AND ... Weekly...3.80 3.90 4.00 4.10 4.20 4.30 4.40 4.50 4.60 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr MayJun Jul Aug

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

MITI Weekly Bulletin | www.miti.gov.my

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

Domestic Prices21 Sep 2018

Steel Bars(per MT)

RM2,400– RM2,550

Billets(per MT)

RM2,250– RM2,350

CRUDE PETROLEUM (BRENT) -per bbl-

0.9%*US$78.8

21 Sep 2018

CRUDE PALM OIL -per MT-

1.5%*US$558.0

21 Sep 2018

RUBBER SMR 20 -per MT-

0.3%*US$1,340.5

21 Sep 2018

COCOA SMC 2 -per MT-

0.3%*US$1,476.6

21 Sep 2018

COAL -per MT-

0.3%*US$71.8

21 Sep 2018

SUGAR -per lbs-

2.8%*US¢11.7

21 Sep 2018

SCRAP IRON HMS -per MT-

%*US$380.0

(high)

21 Sep 2018

%*US$360.0

(low)

29 Dec 2017 : US$66.9

Highest2017/2018

29 June 2018 : US$79.4

9 Feb 2018 : US$62.8 23 June 2017 : US$45.5

Lowest2017/2018

20 Jan 2017 : US$843.0

Highest2017/2018

9 Mar 2018 : US$691.5

24 Aug 2018 : US$545.0 30 June 2017 : US$650.0

Lowest2017/2018

Average Price 2017 i : US$55.0 Average Price 2017 i : US$719.7

Average Price 2017 i : US$1,646.6 Average Price 2017 i : US$1,439.0 Average Price 2017 i : US¢15.8

Average Price 2017 i : US$314.5Average Price 2017 i : US$57.2

Page 9: Weekly MINISTRY OF INTERNATIONAL TRADE AND ... Weekly...3.80 3.90 4.00 4.10 4.20 4.30 4.40 4.50 4.60 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr MayJun Jul Aug

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

MITI Weekly Bulletin | www.miti.gov.my

Commodity Price Trends

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

1,612.51,633.7

1,463.5

1,489.2

1,408.5

1,311.4 1,303.6

1,423.5

1,448.61,472.2 1,472.9 1,476.6

1,200

1,250

1,300

1,350

1,400

1,450

1,500

1,550

1,600

1,650

1,700

6 July 13 July 20 July 27 July 3 Aug 10 Aug 17 Aug 24 Aug 30 Aug 7 Sep 14 Sep 21 Sep

US$

/mt

Cocoa

2,450 2,459 2,4442,386

2,301

2,1902,152 2,150

1,984

1,868 1,866 1,871

1,500.0

1,700.0

1,900.0

2,100.0

2,300.0

2,500.0

2,700.0

6 July 13 July 20 July 27 July 3 Aug 10 Aug 17 Aug 24 Aug 31 Aug 7 Sep 14 Sep 21 Sep

US$

/mt

Pepper

1,316.0 1,314.5

1,342.5

1,332.5

1,316.5

1,349.0

1,339.5

1,373.5

1,349.0

1,322.5

1,336.51,340.5

1,280

1,290

1,300

1,310

1,320

1,330

1,340

1,350

1,360

1,370

1,380

6 July 13 July 20 July 27 July 3 Aug 10 Aug 17 Aug 24 Aug 30 Aug 7 Sep 14 Sep 21 Sep

US$

/mt

Rubber SMR 20

73.8

71.0 70.5

68.7 68.567.6

65.9

68.769.8

67.869.0

70.8

77.1

75.3

73.174.3

73.2 72.871.8

75.877.4 76.8

78.178.8

50

55

60

65

70

75

80

85

6 July 13 July 20 July 27 July 3 Aug 10 Aug 17 Aug 24 Aug 31 Aug 7 Sep 14 Sep 21 Sep

US$

/bbl

Crude Petroleum

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

610.5

602.0605.0

587.5

572.5570.5 569.0

545.0 545.0

562.5566.5

558.0

530

540

550

560

570

580

590

600

610

620

6 July 13 July 20 July 27 July 3 Aug 10 Aug 17 Aug 24 Aug 30 Aug 7 Sep 14 Sep 21 Sep

US$

/mt

Crude Palm Oil

11.5

11.0

11.1

10.9 10.9

10.5

10.210.2

10.6

11.0

12.0

11.7

10.0

10.5

11.0

11.5

12.0

12.5

6 July 13 July 20 July 27 July 3 Aug 10 Aug 17 Aug 24 Aug 31 Aug 7 Sep 14 Sep 21 Sep

US¢

/lb

s

Sugar

Page 10: Weekly MINISTRY OF INTERNATIONAL TRADE AND ... Weekly...3.80 3.90 4.00 4.10 4.20 4.30 4.40 4.50 4.60 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr MayJun Jul Aug

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

MITI Weekly Bulletin | www.miti.gov.my

16.1

15.8

15.5 15.5 15.515.3

14.6

14.9

14.6

14.2 14.1

14.4

13.0

13.5

14.0

14.5

15.0

15.5

16.0

16.5

6 July 13 July 20 July 27 July 3 Aug 10 Aug 17 Aug 24 Aug 31 Aug 7 Sep 14 Sep 21 Sep

US$

/oz

Silver

40.4

40.1

39.2

39.5

39.1 39.0

38.0

38.5 38.5 38.6 38.6

38.5

36.5

37.0

37.5

38.0

38.5

39.0

39.5

40.0

40.5

41.0

6 July 13 July 20 July 27 July 3 Aug 10 Aug 17 Aug 24 Aug 30 Aug 7 Sep 14 Sep 21 Sep

US$

/oz

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.

1,79

1 1,86

1

1,90

1

1,92

1

1,91

3

1,88

5

1,90

3

2,03

0 2,09

6

2,13

1

2,09

7

2,08

0

2,21

0

2,18

2

2,06

9

2,25

5 2,30

0

2,23

8

2,08

2

2,05

2

1,400

1,500

1,600

1,700

1,800

1,900

2,000

2,100

2,200

2,300

2,400

Jan

Feb

Mar

Apr

May Jun

Jul

Aug Se

p

Oct

No

v

Dec Jan

Feb

Mar

Apr

May Jun

Jul

Aug

2017 2018

US$

/ to

nn

e

Aluminium

5,75

5 5,94

1

5,82

5

5,68

4

5,60

0

5,72

0

5,98

5

6,48

6

6,57

7 6,80

8

6,82

7

6,83

4 7,06

6

7,00

7

6,79

9

6,85

2

6,82

5 6,96

6

6,25

1

6,05

1

4,000

4,500

5,000

5,500

6,000

6,500

7,000

7,500

Jan

Feb

Mar

Apr

May Jun Jul

Aug Se

p

Oct

No

v

Dec Jan

Feb

Mar

Apr

May Jun Jul

Aug

2017 2018

US$

/ to

nn

e

Copper

9,97

1 10,6

43

10,2

05

9,60

9

9,15

5

8,93

2 9,49

1

10,8

90

11,2

16

11,3

36

11,9

72

11,4

95

12,8

65 13

,596

13,3

93

13,9

38

14,3

66 15

,106

13,7

94

13,4

11

7,000

8,000

9,000

10,000

11,000

12,000

13,000

14,000

15,000

16,000

Jan

Feb

Mar

Apr

May Jun Jul

Aug Se

p

Oct

No

v

Dec Jan

Feb

Mar

Apr

May Jun Jul

Aug

2017 2018

US$

/ to

nn

e

Nickel

Commodity Price Trends

80

.41

89

.44

87

.65

70

.22

62

.43

57

.48

67

.74

76

.07

71

.53

61

.66

64

.24

72

.25 7

6.3

4

77

.46

70

.35

65

.75

66

.10

65

.04

64

.56

67

.15

30.0

40.0

50.0

60.0

70.0

80.0

90.0

100.0

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

2017 2018

US$

/dm

tu

Iron Ore

853.2

834.6 833.0836.0

840.6

833.2

780.3

792.8790.4

783.3

801.2

832.9

740.0

760.0

780.0

800.0

820.0

840.0

860.0

6 July 13 July 20 July 27 July 3 Aug 10 Aug 17 Aug 24 Aug 31 Aug 7 Sep 14 Sep 21 Sep

US$

/oz

Platinum

390.0 390.0 390.0

380.0 380.0 380.0 380.0 380.0 380.0 380.0 380.0 380.0

375.0 375.0 375.0

360.0 360.0 360.0 360.0 360.0 360.0 360.0 360.0 360.0

300

310

320

330

340

350

360

370

380

390

400

6 July 13 July 20 July 27 July 3 Aug 10 Aug 17 Aug 24 Aug 31 Aug 7 Sep 14 Sep 21 Sep

US

$/m

t

Scrap Iron

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

63.864.4 64.6

65.2 65.2 65.3 65.4

66.7

70.070.6

71.6 71.8

58.0

60.0

62.0

64.0

66.0

68.0

70.0

72.0

74.0

6 July 13 July 20 July 27 July 3 Aug 10 Aug 17 Aug 24 Aug 31 Aug 7 Sep 14 Sep 21 Sep

US

$/t

Coal

Page 11: Weekly MINISTRY OF INTERNATIONAL TRADE AND ... Weekly...3.80 3.90 4.00 4.10 4.20 4.30 4.40 4.50 4.60 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr MayJun Jul Aug

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

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MIT

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RAM

MES

YB MITI Minister visited Water Genesis Sdn. Bhd, a distilled water product company in Sarawak on 21 September 2018

Page 12: Weekly MINISTRY OF INTERNATIONAL TRADE AND ... Weekly...3.80 3.90 4.00 4.10 4.20 4.30 4.40 4.50 4.60 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr MayJun Jul Aug

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

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MIT

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YB MITI Deputy Minister in the 8th Malaysia China Entrepreneurship Conference (MCEC 2018) in Nanjing

The People's Republic of China on 19 September 2018

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

MITI Weekly Bulletin | www.miti.gov.my

MIT

I PR

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RAM

MES

Signing of a Memorandum of Understanding (MOU) between General Electric Engine Services Malaysia and Impeccable Vintage Properties

18 September 2018

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

Source: http://www.miti.gov.my/index.php/glossary

of Technical TermsStandstillStandstill - one of the nine principles in achieving trade and investment liberalization and facilitation which was stated in the Osaka Action Plan (1995) of APEC. Based on this principle, each APEC member economy agrees not to take any measure that might increase protection levels, thus ensuring the sound and effective process of trade and investment liberalization and facilitation.

Stockholm ConventionA global treaty to protect the human health and environment from chemicals that remain intact in the environment for long period of time.

Sustainable GrowthA term much used by environmentalists, meaning economic growth that can continue in the long term without non-renewable resources being used up or pollution becoming intolerable. Mainstream economists use the term, too, to describe a rate of growth that an economy can sustain indefinitely without causing a rise in inflation.

Swiss FormulaA ‘non-linear formula’ which reduces high tariffs, tariff peaks and tariff escalations. Higher tariffs will be subject to greater reductions compared to lower tariffs. A smaller coefficient would result in a deeper cut compared to a larger coefficient.

Swiss Formula :C : Coefficient to determine tariff reductions in each country;t0 : The existing tariff rate for a particular country; andt1 : The bound tariff rate for that country.

Tariff / DutyCustoms duties on merchandise imports. Levied either on an ad valorem basis (percentage of value) or on a specific basis (e.g. $7 per 100 kgs.). Tariffs give price advantage to similar locally-produced goods and raise revenues for the government.

Tariff CappingThe maximum duty allowed after applying the formula for tariff reduction.

Tariff EscalationLow tariffs for raw or unfinished materials, somewhat higher for semi-finished products and highest for finished products. Generally adopted by industrialized countries to restrict import of finished goods from developing countries.

Tariff LineDescription of a single product in a national tariff schedule, together with the applicable tariff/duty rate.

Tariff PeaksRelatively high tariffs, usually on “sensitive” products, amidst generally low tariff levels. For developed countries, tariffs of 15% and above are generally recognised as “tariff peaks”.

Tariff SimplificationThe conversion of non-ad valorem duties into simple ad-valorem duties.

Page 15: Weekly MINISTRY OF INTERNATIONAL TRADE AND ... Weekly...3.80 3.90 4.00 4.10 4.20 4.30 4.40 4.50 4.60 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr MayJun Jul Aug

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

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AnnouncementsTentative Schedule for MITI

Pocket Talks 2018No. Date Venue Topic

1 17-Oct MITI HQ

Introduction to FTA & Preferential Certificate of Origin (PCO)

2 14-Nov MITI Sabah

Introduction to FTA & Preferential Certificate of Origin (PCO)

3 5-Dec MITI HQ

Introduction to FTA & Preferential Certificate of Origin (PCO)

4 12-Dec MITI Sarawak

Introduction to FTA & Preferential Certificate of Origin (PCO)

Please click here to register

Notification On Number Of Characters Allowed For Importing HS Code Under ATIGA For ASEAN Single Window (ASW)

Kindly be informed that number of characters allowed in EPCO system for importing HS code under ATIGA is only up to 10 characters.

Example: The correct data entry for importing HS code: √ (10 digits/10 characters) The correct data entry for importing HS code: √ (8 digits/10 characters) The incorrect data entry for importing HS code: x (10 digits/12 characters)

The new changes will come into effect on 1 September 2018 and involves ONLY ATIGA scheme as to accommodate e-form D ATIGA exchange under ASW platform in accordance to Message Implementation Guide (MIG) ASW which only allow 10 characters for the said matter.

Thus, seek your cooperation to ensure the changes are parallel with the information stated in the Letter of Credit (LC).

we thank you for your continuous support and cooperation.

Senior DirectorTrade And Industry Support DivisionMinistry Of International Trade And Industry3 August 2018

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

Announcements

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

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

Issuance of APEC Business Travel Card is temporarily suspendedImmigration Department of Malaysia has issued a notice that due to unavoidable circumstances, the issuance of APEC Business Travel Card is temporarily suspended and ABTC card will not be printed for approved applicants until further notice.

Kindly refer:

http://www.imi.gov.my/index.php/en/resources-and-archives/announcement/1784-notice-of-apec-card-production-suspended-time.html

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

Dear Readers,

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

MITI New Delhi Name : Brecta Robert SinghDesignation : Translator MITI New Delhi Contact No : 91-11 2415 9300 - ext 137Email : [email protected]

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