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1MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
VOLUME 560
MINISTRY OF INTERNATIONAL TRADE AND INDUSTRYWeekly
B U L L ET I N12 November 2019 | NO. ISSN : 2180-0448
Mal
aysi
a St
atis
tics
Source: Department of Statistics, Malaysia
Share of NKS by type of assets
Share of NKS by kind of economic activity and type of assets
Note: Capital stock statistics provides information on acumulated investment in terms of fixed assets.The statistics is expressed in constant 2015 prices.
End year value Annual percentage change
Capital Stock Statistics 2018
Services66.9%
Mining & Quarrying
18.0%
Manufacturing12.0%
Agriculture2.2%
Construction0.9%
Services 86.4% 9.1% 4.5%
Mining & Quarrying 73.7% 8.0% 18.3%
Manufacturing 53.0% 36.5% 10.5%
Agriculture 40.4% 14.7% 44.9%
Construction 47.7% 48.4% 3.9%
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
Mal
aysi
a St
atis
tics
Source: Department of Statistics, Malaysia
Share of NKS by type of assets
NKS by type of assets at constant 2015 prices
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
Mal
aysi
a St
atis
tics
Principal Statistics of Labour ForceQuarter 3 2019
Labour force and employed persons increased 1.9% and 2.1% respectively in third quarter 2019 as compared with the same quarter 2018
Source: Labour Force Survey by Department of Statistics, Malaysia
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
Mal
aysi
a St
atis
tics
Semi skilled increased by 0.5% at the third quarter of 2019 as compared with the previous quarter.
Source: Labour Force Survey by Department of Statistics, Malaysia
Notes: Occupation was classified according to Malaysia Standard Classification of Occupation (MASCO)Skill workers - Managers, Professionals, Technicians an associate professionalsSemi-skilled workers - Clerical support workers, service and sales workers, skilled agricultural, forestry, livestock and fishery workers, Craft and related trade workers, Plant and machine operators and assemblersLow-skilled workers - Elementary occupations
Labour force by sex
1.82 Million (12.0%)
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
Sust
aina
ble
Dev
elop
men
t Goa
ls In
dica
tors Cluster 1: Inclusivity
Indicator 1.2.1: Proportion of population living below the national poverty line, by sexand age
S U M M A R Y F I N D I N G
0.6%
0.4%
2014 2016
Sabah: 2.9
Sarawak: 0.6
Kelantan: 0.4
Terengganu: 0.4
Neg. Sembilan: 0.2
Pahang: 0.2
Perak: 0.2
Kedah : 0.2
Perlis: 0.1
P. Pinang: 0.1
Melaka: 0.0
Selangor: 0.0
Johor:0.0
K.Lumpur FT: 0.0
Labuan FT: 0.0
Putrajaya FT: 0.0
PROPORTION OF HOUSEHOLDS LIVING BELOW THE NATIONAL POVERTY LINE BY STATE
2014 AND 2016
Source: Department of Statistics Malaysia
Per cent (%)
Goal 1 :End poverty in all its forms everywhere
Goal 1: No Poverty Goal 2: No Hunger Goal 5: Gender quality Goal 10: Reduce inequality
In 2016, the proportion of households living below the national poverty line improved to 0.4 per cent as compared to 0.6 per cent in 2014.
Sabah and Sarawak recorded the proportion of households living below the national poverty line with 2.9 per cent and 0.6 per cent respectively in 2016. Meanwhile, six states registered less than 0.1 per cent the proportion of households living below the national poverty line namely Melaka, Selangor, W.P. Putrajaya, W.P. Labuan, W.P. Kuala Lumpur and Johor.
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
Inte
rnat
iona
l M
erch
andi
se T
rade
Sta
tist
ics World Largest Exporters of Dark Red Meranti, Light Red
Meranti and Meranti Bakau, Sawn or Chipped Lengthwise, Sliced or Peeled, Whether or Not Planed, Sanded or End-
Jointed, of Thickness of > 6mm
MALAYSIAUS$105.9M
85.1%
NETHERLANDSUS$2.0m
1.6%
BELGIUMUS$2.8m
2.3
GERMANYUS$3.4m
2.7%
INDONESIAUS$4.3m
3.4%
1
2
5
4
3
In 2018, Malaysia’s export of this products recorded US$105.9 million with 85.1% share to the world exports
Notes: -*HS440725 -% refer to share in world exports
TOP FIVE MALAYSIA EXPORT DESTINATIONS
Sources: https://www.trademap.org/index.aspx
NETHERLANDSUS$33.8M
GERMANYUS$9.8m
12 UNITED
KINGDOMUS$8.4M
3
4 5TAIPEI
US$5.3mBELGIUM
US$8.4m
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
NETHERLANDSUS$2.0m
1.6%
Notes: -*HS440725 -% refer to share in world exports
T e c h n i c a l N o t e sSource: https://www.wto.org
#MyAPEC2020 | Malaysia
Be part of something BIG?Come and join us, be a volunteer for APEC 2020!
For more information about the volunteer program, kindly click the following link:
https://www.miti.gov.my/index.php/pages/view/5657?mid=626
Malaysia's Top Three Import Sectors from Major APEC Economies 2018
Electrical & Electronics Products
Petroleum Products
Chemicals &Chemical Products
159.1178.0 187.1
232.3 241.0
2014 2015 2016 2017 2018
62.2
45.939.1
51.2
63.0
2014 2015 2016 2017 2018
41.1 42.7 44.7
52.656.4
2014 2015 2016 2017 2018
RM billionRM billion
RM billion
P.R. ChinaRM65.7b
Chinese TaipeiRM45.9b
SingaporeRM32.6b
SingaporeRM38.3b
P.R.ChinaRM7.4b
R.O. KoeaRM6.1b
PRCRM14.3b
SingaporeRM8.9b
USARM6.2b
Source: Department of Statistics, Malaysia
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
• World Trade Organisation - World Trade Organization - is the successor to - GATT. Its functions consist of: 1) administering international trade agreements; 2) acting as a forum for trade negotiations on reduction of tariff and non-tariff barriers to goods and services; 3) settling trade disputes; 4) reviewing national trade policies; 5) assisting developing countries in trade policy issues, through technical assistance and training programs; and 6) cooperating with other international organizations. The WTO’s top level decision-making body is the Ministerial Conference which meets at least once every two years. The WTO is headquartered in Geneva, Switzerland and has 164 members as of 2016.
• Malaysia, by virtue of membership in GATT, is a member since 1957.
WTO:
Technologies that build 3D objects by adding layer-upon-layer of material, whether the material is plastic, metal or concrete.
Addictive Manufacturing:
Aggregate Measurement of Support (AMS) / Amber Box:Amber Box or Aggregate Measurement of Support refers to trade-distorting subsidies and subject to reduction commitments (i.e. such subsidies to be reduced over certain agreed period of time). As a result of the Uruguay negotiations, members had to quantify the value of these supports and inscribe it in their Schedules of Commitments. Amber Box policies include programmes such as market price support, direct payments and input subsidies.
Aero-manufacturing:Manufacture and supply of aerospace parts and components, assembling processes which consist of the sub sectors such as aero-structure, avionics, aero-engine and airframe equipment.
G L O S S A R YSource: http://www.miti.gov.my /index.php/glossary
Industrial activities that relates to design, development, manufacturing, construction, maintenance & disposal of aircraft, spacecraft, missiles and rockets.
Aerospace Industry:
Working Group – Comprised of delegates from APEC member economies. The working group focuses on activities of particular fields or projects to promote economic cooperation in APEC. There are currently 11 working groups under the SOM Steering Committee on ECOTECH, sub-groups and three industry dialogues under CTI, and the Competition Policy and Law Group under the Economic Committee. Working groups are equivalent in positions to consultation and expert groups that together form a larger group, known collectively as APEC fora.
WG:
Measure which allows for the consolidation of goods originating in a Member State in the finished goods of the latter Member State for the purpose of preferential treatment.
Accumulation: Advanced Materials:New materials and modifications to existing materials to obtain superior performance in one or more characteristics that are critical for the application under consideration.
An ad valorem duty is expressed in percentage terms, for example, a duty of 20% on the value of automotive components. Duty or other charges levied on an item on the basis of its value and not on the basis of its quantity, size, weight, or other factor.
Ad Valorem Tariff (AVE):
Three pillars of Agriculture negotiations :• Tariff reduction (market access)• Subsidies reduction (domestic
support)• Export competition
Agriculture Negotiations:
A provision that disallow developing countries from excluding an entire sector from tariff cuts. A minimum of 20% tariff lines or 9% of the value of imports in each tariff chapter would be subject to the full formula tariff reduction.
Anti-concentration Provision:
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
T e c h n i c a l N o t e sSource: https://www.wto.
A number of adjustments have to be made to international merchandise trade statistics before they match the specific requirements of national accounts and balance of payments (BOP) statistics. For aggregate exports and imports these adjustments are mainly related to coverage, the system of trade, and valuation.
With respect to coverage, the international merchandise trade statistics (ITS) in most instances conforms with the Balance of Payments Manual (BPM5). Differences remain for the following cases: (i) transactions that represent services transactions (e.g. blueprints, videos, and tapes) should be valued in ITS at the value of the material in which they are incorporated, while under BPM5 these transactions should be excluded from goods and included, at market value, in services; (ii) transactions in which one or both national boundaries are not crossed (e.g. trade in vessels and aircraft, exports of bunkers, etc.) are not always included in ITS for practical reasons, whereas they are usually included in BOP statistics; (iii) goods under the improvement and repair trade regime should be excluded from ITS, but they are to be included at the value of the repair under the BPM5.
Concerning the system of trade, the ITS guidelines outline the measurement of trade flows on the basis of (1) the special trade system and (2) the general trade system. Under the special trade system, the customs frontier is regarded as the statistical boundary whereas, under the general system of trade, the national frontier is regarded as the statistical boundary. The BPM5 stresses that measurement for BOP compilation should be based on change of ownership rather than on the general trade system or the special trade system. The general trade system appears to be a better proxy for measuring change of ownership because it provides broader coverage and the date of change of ownership may be closer to the date goods cross the national frontier than to the date goods clear through customs.
As far as valuation is concerned, the issue that affects most data comparability concerns the point of valuation, namely, whether goods are valued at the importer’s border - that is at the c.i.f. value - or at the f.o.b. value at the exporter’s border. ITS guidelines recommend the adoption of the c.i.f. valuation for imports whereas BPM5 requires the f.o.b. valuation. Additional adjustments may be made by BOP compilers to conform to the BPM5 requirement for a market price for valuing trade, processing trade, and with respect to currency conversion.
Once adjusted, merchandise trade is recorded in the goods category of the current account, along with services, income, and current transfers. Therefore, within the balance of payments framework transactions in both goods and services are harmonized and provide for comparable statistical series, as in Table I.8. It is not strictly speaking correct to aggregate the figures for commercial services and merchandise shown elsewhere in this report.
It should be noted that some countries still apply the concepts of the fourth edition of the Balance of Payments Manual, and thus do not include goods for processing and goods procured in port carriers in the goods account.
MERCHANDISE TRADE IN BALANCE OF PAYMENTS STATISTICS
Definitions and methods (Merchandise Trade):
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.myMITI Weekly Bulletin | www.miti.gov.my
Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia
-
20
40
60
80
100
120
140
0
5
10
15
20
25
30
35
11 A
ug
18 A
ug
25 A
ug
1 Se
p
8 Se
p
15 S
ep
22 S
ep
29 S
ep
6 O
ct
13 O
ct
20 O
ct
27 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.
Number and Value of Preferential Certificates of Origin (PCOs)
-
1,000
2,000
3,000
4,000
5,000
6,000
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,00011
Aug
18 A
ug
25 A
ug
1 Se
p
8 Se
p
15 S
ep
22 S
ep
29 S
ep
6 O
ct
13 O
ct
20 O
ct
27 O
ct
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN Trade in Goods Agreement (ATIGA)
Total FOB (RM mil.) Total CO
-
500
1,000
1,500
2,000
2,500
3,000
3,500
0
200
400
600
800
1,000
1,200
1,400
11 A
ug
18 A
ug
25 A
ug
1 Se
p
8 Se
p
15 S
ep
22 S
ep
29 S
ep
6 O
ct
13 O
ct
20 O
ct
27 O
ct
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-China Free Trade Agreement (ACFTA)
Total FOB (RM mil.) Total CO
-
100
200
300
400
500
600
700
800
900
1,000
0
200
400
600
800
1,000
1,200
11 A
ug
18 A
ug
25 A
ug
1 Se
p
8 Se
p
15 S
ep
22 S
ep
29 S
ep
6 O
ct
13 O
ct
20 O
ct
27 O
ct
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-Korea Free Trade Agreement (AKFTA)
Total FOB (RM mil.) Total CO
-
50
100
150
200
250
300
350
0
20
40
60
80
100
120
11 A
ug
18 A
ug
25 A
ug
1 Se
p
8 Se
p
15 S
ep
22 S
ep
29 S
ep
6 O
ct
13 O
ct
20 O
ct
27 O
ct
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-Japan Comprehensive Economic Partnership (AJCEP)
Total FOB (RM mil.) Total CO
-
100
200
300
400
500
600
700
800
900
0
100
200
300
400
500
600
700
800
900
11 A
ug
18 A
ug
25 A
ug
1 Se
p
8 Se
p
15 S
ep
22 S
ep
29 S
ep
6 O
ct
13 O
ct
20 O
ct
27 O
ct
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-India Free Trade Agreement (AIFTA)
Total FOB (RM mil.) Total CO
-
200
400
600
800
1,000
1,200
0
20
40
60
80
100
120
140
160
11 A
ug
18 A
ug
25 A
ug
1 Se
p
8 Se
p
15 S
ep
22 S
ep
29 S
ep
6 O
ct
13 O
ct
20 O
ct
27 O
ct
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
11MITI 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.myMITI Weekly Bulletin | www.miti.gov.my
Number and Value of Preferential Certificates of Origin (PCOs)
-
200
400
600
800
1,000
1,200
0
20
40
60
80
100
120
140
160
180
200
11 A
ug
18 A
ug
25 A
ug
1 Se
p
8 Se
p
15 S
ep
22 S
ep
29 S
ep
6 O
ct
13 O
ct
20 O
ct
27 O
ct
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Japan Economic Partnership Agreement (MJEPA)
Total FOB (RM mil.) Total CO
-
20
40
60
80
100
120
140
160
180
200
0
10
20
30
40
50
60
70
80
11 A
ug
18 A
ug
25 A
ug
1 Se
p
8 Se
p
15 S
ep
22 S
ep
29 S
ep
6 O
ct
13 O
ct
20 O
ct
27 O
ct
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)
Total FOB (RM mil.) Total CO
-
1
2
3
4
5
6
7
8
9
10
0.00
0.05
0.10
0.15
0.20
0.25
0.30
0.35
11 A
ug
18 A
ug
25 A
ug
1 Se
p
8 Se
p
15 S
ep
22 S
ep
29 S
ep
6 O
ct
13 O
ct
20 O
ct
27 O
ct
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
-
20
40
60
80
100
120
0
200
400
600
800
1,000
1,200
11 A
ug
18 A
ug
25 A
ug
1 Se
p
8 Se
p
15 S
ep
22 S
ep
29 S
ep
6 O
ct
13 O
ct
20 O
ct
27 O
ct
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Chile Free Trade Agreement (MCFTA)
Total FOB (RM mil.) Total CO
-
100
200
300
400
500
600
0
50
100
150
200
250
300
350
11 A
ug
18 A
ug
25 A
ug
1 Se
p
8 Se
p
15 S
ep
22 S
ep
29 S
ep
6 O
ct
13 O
ct
20 O
ct
27 O
ct
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
-
100
200
300
400
500
600
0
10
20
30
40
50
60
11 A
ug
18 A
ug
25 A
ug
1 Se
p
8 Se
p
15 S
ep
22 S
ep
29 S
ep
6 O
ct
13 O
ct
20 O
ct
27 O
ct
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Australia Free Trade Agreement (MAFTA)
Total FOB (RM mil.) Total CO
-
50
100
150
200
250
300
350
0
20
40
60
80
100
120
140
160
11 A
ug
18 A
ug
25 A
ug
1 Se
p
8 Se
p
15 S
ep
22 S
ep
29 S
ep
6 O
ct
13 O
ct
20 O
ct
27 O
ct
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
12MITI 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
Sales Value
Source : Bank Negara Malaysia
Malaysian Ringgit Exchange Rate with Selected Countries,January 2018 - October 2019
US Dollar
Euro
South Korean Won
Pound Sterling
Australian Dollar
Brunei Dollar
3.9578
3.8862
4.18814.1879
3.70
3.75
3.80
3.85
3.90
3.95
4.00
4.05
4.10
4.15
4.20
4.25
Jan
Feb
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
2018 2019
RM
USD 1 = RM
4.8189 4.8325
4.6074
4.6260
4.45
4.50
4.55
4.60
4.65
4.70
4.75
4.80
4.85
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
2018 2019
RM
EUR 1 = RM
0.3712 0.3719
0.3461
0.3537
0.33
0.34
0.34
0.35
0.35
0.36
0.36
0.37
0.37
0.38
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
2018 2019
RM
KRW 100 = RM
5.4557 5.4755
5.0895
5.2824
4.80
4.90
5.00
5.10
5.20
5.30
5.40
5.50
5.60
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
2018 2019RM
GBP 1 = RM
3.1427
2.8356
2.8454
2.65
2.70
2.75
2.80
2.85
2.90
2.95
3.00
3.05
3.10
3.15
3.20
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
2018 2019
RM
AUD 1 = RM
2.9736
2.9452
3.0541
2.88
2.90
2.92
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
2018 2019
RM
BND 1 = RM
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.myMITI Weekly Bulletin | www.miti.gov.my
1.3%*US$62.5
%*US$43.8
1.7%* US$1,651.1
%*US$280.0
(high)
8 November 2019
%*US$260.0
(low)
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, and Bloomberg.
Commodity Prices
Notes: All figures have been rounded to the nearest decimal point * Refer to % change from the previous week’s price i Average price in the year except otherwise indicated
CRUDE PETROLEUM (BRENT) -per bbl-
8 November 2019
CRUDE PALM OIL -per MT-
9.5%*US$639.0
8 November 2019
RUBBER SMR 20 -per MT-
1.3%*US$1,355.0
COCOA SMC 2 -per MT-
COAL -per MT-
SUGAR -per lbs-
0.7%*US$12.6
SCRAP IRON HMS -per MT-
5 Oct 2018 : US$84.2
Highest2018/2019
17 May 2019 : US$72.2
9 Aug 2019 : US$54.5 28 Dec 2018 : US$52.2
Lowest2018/2019
9 Mar 2018 : US$691.5
Highest2018/2019
8 Nov 2019 : US$639.0
26 July 2019 : US$488.5 23 Nov 2018 : US$448.5
Lowest2018/2019
Average Price 2018 i : US$71.5 Average Price 2018 i : US$600.1
Average Price 2018 i : US$1,371.0 Average Price 2018 i : US$1,535.6 Average Price 2018 i : US¢12.3
Average Price 2018 i : US$380.7 (high)Average Price 2018 i : US$359.6 (low)Average Price 2018 i : US$66.9
Domestic Prices8 November 2019
Steel Bars(per MT)
RM1,920– RM2,070
Billets(per MT)
RM1,650 - RM1,700
8 November 2019 8 November 2019 8 November 2019
8 November 2019
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MITI Weekly Bulletin | www.miti.gov.myMITI Weekly Bulletin | www.miti.gov.my
Commodity Price Trends
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
1,354.4
1,308.6
1,370.6
1,518.8
1,633.0
1,677.8 1,696.9
1,630.6
1,677.41,689.4
1,623.9
1,651.1
1,300
1,350
1,400
1,450
1,500
1,550
1,600
1,650
1,700
23 Aug 30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov
US$
/mt
Cocoa
2,116
2,050
2,0592,066
2,027 2,002 2,004 2,003 2,002 2,002
1,957
1,976
1,800.0
1,850.0
1,900.0
1,950.0
2,000.0
2,050.0
2,100.0
2,150.0
23 Aug 30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov
US$
/mt
Pepper
1,295.0
1,295.5
1,352.0
1,351.0 1,341.5
1,282.0
1,252.5
1,291.0
1,309.5
1,322.0
1,337.5
1,355.0
1,220
1,240
1,260
1,280
1,300
1,320
1,340
1,360
1,380
23 Aug 30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov
US$
/mt
Rubber SMR 20
54.255.1
56.5
54.9
58.1
55.9
52.8
54.553.8
56.7 56.257.2
59.3 60.4
61.560.2
64.3
61.9
58.4
60.559.4
62.0 61.762.5
40
45
50
55
60
65
70
23 Aug 30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov
US$
/bbl
Crude Petroleum
Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl
531.0
553.0
570.0
566.0
579.5
567.5
538.5533.0
554.5
564.5
583.5
639.0
485
505
525
545
565
585
605
625
645
665
23 Aug 30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov
US$
/mt
Crude Palm Oil
11.5
11.1
11.0
11.912.1
12.6
12.8
12.4 12.3 12.4
12.512.6
10.8
11.3
11.8
12.3
12.8
13.3
23 Aug 30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov
US¢
/lbs
Sugar
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MITI Weekly Bulletin | www.miti.gov.my
17.4
18.3
18.1
17.6
17.8
17.0
17.6
17.5 17.6
17.9
18.1
16.8
16.2
16.7
17.2
17.7
18.2
18.7
23 Aug 30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov
US$
/oz
Silver
48.4
49.1
49.0
48.3 48.3
47.9
48.2
47.6
47.9
48.7
48.5
47.1 47.0
47.5
48.0
48.5
49.0
49.5
23 Aug 30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov
US
$/g
Gold
Sources: Ministry of International Trade and Industry Malaysia, , Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
2,25
5 2,30
0
2,23
8
2,08
2
2,05
2
2,02
6
2,03
0
1,93
9
1,92
0
1,85
4
1,86
3
1,87
1
1,84
5
1,78
1
1,75
6
1,79
7
1,74
1
1,75
4
1,72
6
1,400
1,500
1,600
1,700
1,800
1,900
2,000
2,100
2,200
2,300
2,400
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2018 2019
US$
/ to
nn
e
Aluminium
6,85
2
6,82
5 6,96
6
6,25
1 6,
051
6,05
1 6,22
0
6,19
6
6,07
5
5,93
9
6,30
0 6,43
9
6,43
8
6,01
8
5,88
2
5,94
1
5,70
9
5,75
9
5,75
7
4,000
4,500
5,000
5,500
6,000
6,500
7,000
7,500
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2018 2019
US$
/ to
nne
Copper
13,9
38
14,3
66
15,1
06
13,7
94
13,4
11
12,5
10
12,3
15
11,2
40
10,8
35
11,5
23 12
,685
13,0
26
12,7
73
12,0
16
11,9
44
13,5
46
15,7
49
17,6
57
17,0
46
7,000
9,000
11,000
13,000
15,000
17,000
19,000
Apr
May Jun
Jul
Aug Se
p
Oct
Nov
Dec Jan
Feb
Mar
Apr
May Jun
Jul
Aug Se
p
Oct
2018 2019
US$
/ to
nne
Nickel
Commodity Price Trends
65
.75
66
.10
65
.04
64
.56
67
.15
68
.44 7
3.4
1
73
.26
69
.15
76
.16
88
.22
86
.47
93
.70
10
0.1
51
08
.94
12
0.2
4
93
.07
93
.08
88
.53
50.0
60.0
70.0
80.0
90.0
100.0
110.0
120.0
130.0
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
2018 2019
US
$/d
mtu
Iron Ore
855.3
931.7
958.5952.2
942.6
889.2886.9
900.3 895.9
933.3
954.0
893.1
820.0
840.0
860.0
880.0
900.0
920.0
940.0
960.0
980.0
23 Aug 30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov
US
$/o
z
Platinum
300.0 300.0 300.0 300.0
280.0
275.0
265.0
260.0
250.0 250.0
260.0 260.0
280.0 280.0
280.0
280.0
270.0
270.0
250.0245.0
235.0230.0225.0 225.0
235.0
250.0
260.0
260.0
200
220
240
260
280
300
320
9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov
US
$/m
t
Scrap Iron Scrap Iron/MT (High) Scrap Iron/MT(Low)
53.6
48.848.3
46.6
45.645.1
44.1 43.6 43.6
44.644.1 44.1
43.8 43.8
40
42
44
46
48
50
52
54
56
9 Aug 16 Aug 23 Aug 30 Aug 6 Sep 13 Sep 20 Sep 27 Sep 4 Oct 11 Oct 18 Oct 25 Oct 1 Nov 8 Nov
US
$/t
Coal
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MIT
I PR
OG
RAM
MES
MITI Deputy Minister led the Malaysian delegation at the Second China International Import Expo in Shanghai,
6-7 November 2019
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MIT
I PR
OG
RAM
MES
MITI Secretary General and MITI contingent at Maulidur Rasul Gathering in Bukit Jalil ,
9 November 2019
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FAUZIAH MAMAT
SENIORADMINISTRATIVE ASST.
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ADMINISTRATIVE ASST.
NURUL ATIQAH MOHAMAD
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ROSLAN ABDUL MALEK
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