1MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
It is that time of the year again for the auspicious festival of Deepavali – which marks the triumph of dharma and good over evil, of hope over despair, of truth over falsehood and of light over darkness.
The symbolic lighting of diya or lamp serves as a commemoration of the light of wisdom and knowledge in our lives. The quest for knowledge is
Deepavali Message From The Minister ofInternational Trade and IndustryMalaysia
a never-ending process. We need to continue learning, improving and innovating ourselves so that Ministry of International Trade and Industry (MITI) remains ahead of the curve.
Moreover, Deepavali is also a reminder for us to take a step back and self-reflect, as we strive to rise above the darkness and negativity that dwells within and transform ourselves to be a better person. Staying positive is crucial for each and every one of us in MITI as we prepare ourselves to embrace challenges that lie ahead.
With the same enthusiasm, MITI and its agencies are excited in pursuing the various economic master plans - Digital Free Trade Zone, National ecommerce, Industry 4.0, Micro Small Medium Enterprise (MSME’s) which will lead to further job creation and economic growth. I am inspired by the transforming industry initiatives and ongoing dynamism by SME’s and the business community in their efforts to continuously improve in enhancing our global competitiveness. We are confident that with economy prosperity and by working together we will reap the benefit of strong economic growth besides ensuring inclusiveness in building a smart nation.
While Deepavali is a time for celebration, it’s also a time for contemplation. We must not forget those who are less fortunate, those who may not be eating as heartily and celebrating as festively.
I would like to take this opportunity to sincerely wish you “Deepavali Valthukaal”. May you have a blessed and joyous Deepavali occassion with your family and friends. Once again, let us come together as we embrace differences and celebrate unity propitiously with aspiration of Negaraku Sehati Sejiwa.
Dato’ Sri Mustapa Mohamed
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.myMITI Weekly Bulletin | www.miti.gov.my
Manufacturing Performance, January - August 2017
21.1%Jan-Aug 2017: RM500.4bilJan-Aug 2016: RM413.2bil
20.6%
ExportsJan-Aug 2017: RM478.8bilJan-Aug 2016: RM397.0bil
20.9%Jan-Aug 2017: RM979.2bilJan-Aug 2016: RM810.2bil
Note: % refers to Y-o-Y Growth
Major Exports Product Jan- Aug 2017
Major Imports Product Jan- Aug 2017
Electrical and Electronic Products
RM220.6bil
21.4%
Chemicals & Chemical Products
RM45.1bil
18.3%
Petroleum ProductsRM48.4bil
43.6%
Machinery, Equipment & Parts
RM27.5bil
6.9%
Electrical and Electronic Products
RM165.0bil
21.5%
Chemicals & Chemical Products
RM52.9bil
17.6%
Petroleum ProductsRM49.9bil
55.2%
Machinery, Equipment & Parts
RM51.4bil
24.9%Note: % refers to Y-o-Y Growth
Sales
Number of EmployeesManufacturing Performance August
2017
Aug 2017RM65.1bil.Aug 2016 RM55.9bil
16.5% Salaries & Wages
Aug 2017 RM3,529.6mil
Aug 2017 RM3,191.2mil
10.6%
Source: Department of Statistics, Malaysia
MALAYSIA
Note: % refers to Y-o-Y Growth
Aug 20171,054,482 persons
Aug 20171,028,091 persons
2.6%
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
Source: Department of Statistics, Malaysia
ManufacturingAug 2017: 144.9Aug 2016: 134.7 7.6%
Aug 2017: 142.0 Aug 2016: 137.8
3.0%Electricity
Aug 2017:105.0Aug 2016: 99.6 5.3%
Mining
IPI
IndustrialProduction Index (IPI)
Aug 2017
Manufacturing Indices by sub-sector (2010=100), August 2017
Aug 2017: 133.2Aug 2016: 124.7 6.8%
123.4
133.2
111.2
105.0
144.9
128.0
142.0
90
110
130
150Ja
n
Feb
Mar Ap
r
May Jun Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar Ap
r
May Jun Jul
Aug
Inde
xIPI Mining Manufacturing Electricity
Industrial Production Index (IPI) and Sector Indices (2010=100), Jan 2016 - Aug 2017
2016 2017
Food, Beverages and Tobacco
Aug 2017: 150.0Aug 2016: 137.1
Aug 2017: 135.0Aug 2016: 123.9
9.4%
Textiles, Wearing Apparel, Leather Products and
Footwear
9.0%
T r a n s p o r t E q u i p m e n t and Other Manufactures
9.9%
N o n - m e t a l l i c Mineral Products, Basic Metal and Fabricated Metal
Products
7.1%
Electrical and E l e c t r o n i c s
Products
8.7%
Wood Products, Furniture, Paper Products, Printing
2.0%
P e t r o l e u m , C h e m i c a l , Rubber and Plastic Products
7.0%
Aug 2017: 127.0Aug 2016: 124.5
Aug 2017: 130.8Aug 2016: 122.3
Aug 2017: 145.4Aug 2016: 135.7
Aug 2017:168.8Aug 2016:155.3
Aug 2017: 148.7Aug 2016: 135.3
Note: % refers to Y-o-Y Growth
Note: % refers to Y-o-Y Growth
4MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
Spain Economic Indicators 2016Population: 46.4 million Land area: 500,210 sq. km
GDP (current US$)US$ 1,232.1 billion
Inflation rate -0.2%
Unemployment rate19.6%
Global trade US$ 596.7 billion (Rank: 16)
Global exportsUS$ 287.4 billion (Rank: 16)
Global imports US$ 309.3 billion (Rank: 15)
Malaysia’s Trade with Spain, 2005 - 2017 (Jan-Aug)
2.21
3.43
2.93
3.14
1.57
1.92
1.94
1.57
1.45
1.78
2.32
2.33
1.56
1.860.9
7 1.22 1.4
4
1.23
0.87 1.0
3 1.21
1.29 1.8
6 2.35
1.91 2.1
0
1.28 1.6
2
3.18 3.48
0
2
4
6
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2016
(Jan
-Aug
)
2017
(Jan
-Aug
)
RM Bi
llion
Exports Imports Total Trade
Major Exports, 2017 (Jan-Aug) Major Imports, 2017 (Jan-Aug)
Note: % refers to share to total exports/imports
Rubber and articles (HS40)
Machinery appliances(HS84)
Animal or vegetable fats and oils (HS15)
RM0.51b27.4%
RM0.31b16.6%
Miscellaneous chemical products (HS38)
RM0.20b10.6%
RM0.15b8.1%
Electrical machinery and equipment (HS85)
RM0.10b5.6%
Machinery appliances (HS84)
Pharmaceutical products(HS30)
Iron and steel, primary material(HS72)
RM0.52b32.1%
RM0.16b9.8%
Electrical machinery and equipment(HS85)
RM0.09b5.8%
RM0.08b5.0%
Plastics and articles(HS39)
RM0.07b4.3%
International Report
Source: Worldbank, WTO
Source: Department of Statistics, Malaysia
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
-
100
200
300
400
500
600
700
-
100
200
300
400
500
600
Jan
Feb
Mar
Ap
r
May Ju
n Jul
Aug Se
p
Oct
No
v
De
c
Jan
Feb
Mar
Ap
r
May Ju
n Jul
Aug Se
p
2016 2017
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Generalised System of Preferences (GSP)
Total of FOB (RM mil.) No. of Certificates
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)
-
5,000
10,000
15,000
20,000
25,000
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000Ja
nFe
bM
arA
pr
May Ju
n Jul
Aug Se
pO
ctN
ov
De
cJa
nFe
bM
arA
pr
May Ju
n Jul
Aug Se
p
2016 2017
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN Trade in Goods Agreement (ATIGA)
Total of FOB (RM mil.) No. of Certificates
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
Jan
Feb
Mar
Ap
rM
ay Jun Jul
Aug Se
pO
ctN
ov
De
cJa
nFe
bM
arA
pr
May Ju
n Jul
Aug Se
p
2016 2017
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-China Free Trade Agreement (ACFTA)
Total of FOB (RM mil.) No. of Certificates
-
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
-
500
1,000
1,500
2,000
2,500
3,000
3,500
Jan
Feb
Mar
Ap
rM
ay Jun Jul
Aug Se
pO
ctN
ov
De
cJa
nFe
bM
arA
pr
May Ju
n Jul
Aug Se
p
2016 2017
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-Korea Free Trade Agreement (AKFTA)
Total of FOB (RM mil.) No. of Certificates
-
200
400
600
800
1,000
1,200
-
100
200
300
400
500
600
700
Jan
Feb
Mar
Ap
rM
ay Jun Jul
Aug Se
pO
ctN
ov
De
cJa
nFe
bM
arA
pr
May Ju
n Jul
Aug Se
p
2016 2017
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-Japan Comprehensive Economic Partnership (AJCEP)
Total of FOB (RM mil.) No. of Certificates
-
500
1,000
1,500
2,000
2,500
3,000
3,500
-
200
400
600
800
1,000
1,200
Jan
Feb
Mar
Ap
rM
ay Jun Jul
Aug Se
pO
ctN
ov
De
cJa
nFe
bM
arA
pr
May Ju
n Jul
Aug Se
p
2016 2017
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-India Free Trade Agreement (AIFTA)
Total of FOB (RM mil.) No. of Certificates
-
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
-
200
400
600
800
1,000
1,200
Jan
Feb
Mar
Ap
rM
ay Jun Jul
Aug Se
pO
ctN
ov
De
cJa
nFe
bM
arA
pr
May Ju
n Jul
Aug Se
p
2016 2017
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)
Total of FOB (RM mil.) No. of Certificates
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.myMITI Weekly Bulletin | www.miti.gov.my
Number and Value of Preferential Certificates of Origin (PCOs)
-
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
-
200
400
600
800
1,000
1,200
1,400
1,600
Jan
Feb
Mar
Ap
rM
ay Jun Jul
Aug Se
pO
ctN
ov
De
cJa
nFe
bM
arA
pr
May Ju
n Jul
Aug Se
p
2016 2017
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Japan Economic Partnership (MJEPA)
Total of FOB (RM mil.) No. of Certificates
-
100
200
300
400
500
600
700
800
900
-
50
100
150
200
250
300
350
400
450
Jan
Feb
Mar
Ap
r
May Ju
n Jul
Aug Se
p
Oct
No
v
De
c
Jan
Feb
Mar
Ap
r
May Ju
n Jul
Aug Se
p
2016 2017
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Pakistan Closer Economic Partnership (MPCEPA)
Total of FOB (RM mil.) No. of Certificates
-
5
10
15
20
25
30
35
40
45
50
-
1
2
3
4
5
6
7
8
9
10
Jan
Feb
Mar
Ap
r
May Ju
n Jul
Aug Se
p
Oct
No
v
De
c
Jan
Feb
Mar
Ap
r
May Ju
n Jul
Aug Se
p
2016 2017
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-New Zealand Free Trade Agreement (MNZFTA)
Total of FOB (RM mil.) No. of Certificates
-
50
100
150
200
250
300
350
400
450
500
-
20
40
60
80
100
120
Jan
Feb
Mar
Ap
r
May Ju
n Jul
Aug Se
p
Oct
No
v
De
c
Jan
Feb
Mar
Ap
r
May Ju
n Jul
Aug Se
p
2016 2017
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Chile Free Trade Agreement (MCFTA)
Total of FOB (RM mil.) No. of Certificates
-
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
-
50
100
150
200
250
300
350
400
450
500
Jan
Feb
Mar
Ap
rM
ay Jun Jul
Aug Se
pO
ctN
ov
De
cJa
nFe
bM
arA
pr
May Ju
n Jul
Aug Se
p
2016 2017
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)
Total of FOB (RM mil.) No. of Certificates
-
500
1,000
1,500
2,000
2,500
-
50
100
150
200
250
300
350
400
450
Jan
Feb
Mar
Ap
rM
ay Jun Jul
Aug Se
pO
ctN
ov
De
cJa
nFe
bM
arA
pr
May Ju
n Jul
Aug Se
p
2016 2017
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Australia Free Trade Agreement (MAFTA)
Total of FOB (RM mil.) No. of Certificates
-
200
400
600
800
1,000
1,200
1,400
-
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
Jan
Feb
Mar
Ap
rM
ay Jun Jul
Aug Se
pO
ctN
ov
De
cJa
nFe
bM
arA
pr
May Ju
n Jul
Aug Se
p
2016 2017
No.
of C
ertif
icat
e of
Orig
in
RM m
il.
Malaysia-Turkey Free Trade Agreement (MTFTA)
Total of FOB (RM mil.) No. of Certificates
Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia
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.myMITI Weekly Bulletin | www.miti.gov.my
Source : Bank Negara, Malaysia
Malaysian Ringgit Exchange Rate with Selected Countries,January 2016 - September 2017
US Dollar
Euro
South Korean Won
Pound Sterling
Australian Dollar
Brunei Dollar
4.3481
3.9045
4.4615
4.2089
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 Se
p
2016 2017
RM
USD 1 = RM
4.7261
4.4269 4.4468
5.06065.0145
4.10
4.20
4.30
4.40
4.50
4.60
4.70
4.80
4.90
5.00
5.10
5.20
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
2016 2017
RM
EUR 1 = RM
0.3610
0.3403
0.3915
0.3715
0.31
0.32
0.33
0.34
0.35
0.36
0.37
0.38
0.39
0.40
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
2016 2017
RM
KRW 100 = RM
6.2693
5.8826
5.1491
5.6062
4.00
4.50
5.00
5.50
6.00
6.50
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 Se
p
2016 2017RM
GBP 1 = RM
3.0477
2.9609
3.41243.3574
2.70
2.80
2.90
3.00
3.10
3.20
3.30
3.40
3.50
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 Se
p2016 2017
RM
AUD 1 = RM
3.0323
2.8904
3.15833.1202
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
2016 2017
RM
BND 1 = RM
8MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
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-
13 Oct 2017 : US$57.2, 2.8%*
Average Pricei : 2016: US$45.3 2015: US$53.6
CRUDE PALM OIL-per MT-
13 Oct 2017 : US$715.5, 0.8%*Average Pricei : 2016: US$702.2 2015: US$616.9
RUBBER SMR 20-per MT-
13 Oct 2017 : US$1,440.5, 3.6%*
Average Pricei : 2016: US$1.394.5 2015: US$1.364.3
COAL -per MT-13 Oct 2017 : US$60.4, 0.9%Average Pricei : 2016: US$45.6 2015: US$49.9
COCOA SMC 2-per MT-
13 Oct 2017 : US$1,481.7, 8.4%*
Average Pricei : 2016: US$1,609.8 2015: US$2,077.0
SCRAP IRON HMS-per MT-
13 Oct 2017 : US$350.0 (high), unchanged US$330.0 (low), unchangedAverage Pricei : 2016: US$243.2 2015: US$239.6
HIGHEST and LOWEST 2016/2017
Highest 29 Sep 2017 : US$57.5 30 Dec 2016 : US$56.8
Lowest
23 June 2017 : US$45.5
15 Jan 2016 : US$28.9
Crude Petroleum
(Brent)-per bbl-
Highest 20 Jan 2017 : US$843.0 30 Dec 2016 : US$797.5
Lowest
15 Jan 2016 : US$545.5 30 June 2017 : US$650.0
Crude Palm Oil -per MT-
Domestic Prices13 Oct 2017
Steel Bars(per MT)
RM2,400 – RM2,550
Billets(per MT)
RM2,250 – RM2,300
SUGAR -per lbs-13 Oct 2017 : US¢ 14.4, 3.1%*
Average Pricei : 2016: US¢18.2 2015: US¢13.2
9MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI Weekly Bulletin | www.miti.gov.my
Commodity Price Trends
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
669.5665.0
656.5
668.5
686.0690.5 692.5
726.5
749.5
727.5
709.5715.5
600
620
640
660
680
700
720
740
760
28 Jul 4 Aug 11 Aug 18 Aug 25 Aug 30 Aug 8 Sep 15 Sep 21 Sep 29 Sep 6 Oct 13 Oct
US$
/mt
Crude Palm Oil
1,448.6
1,543.1
1,420.1
1,350.1
1,379.6
1,417.0
1,350.21,371.7
1,428.21,442.9
1,616.9
1,481.7
1,200
1,250
1,300
1,350
1,400
1,450
1,500
1,550
1,600
1,650
28 Jul 4 Aug 11 Aug 18 Aug 25 Aug 30 Aug 8 Sep 15 Sep 21 Sep 29 Sep 6 Oct 13 Oct
US$
/mt
Cocoa
14.4
14.1
13.2
13.4
14.013.9
14.1
15.2
14.6
14.114.0
14.4
12.0
12.5
13.0
13.5
14.0
14.5
15.0
15.5
28 Jul 4 Aug 11 Aug 18 Aug 25 Aug 30 Aug 8 Sep 15 Sep 21 Sep 29 Sep 6 Oct 13 Oct
US¢
/lbs
Sugar
1,433.5
1,477.5
1,520.51,539.0
1,554.0
1,559.0
1,695.5
1,633.5
1,515.0
1,442.0
1,494.0
1,440.5
1,300
1,350
1,400
1,450
1,500
1,550
1,600
1,650
1,700
1,750
28 Jul 4 Aug 11 Aug 18 Aug 25 Aug 30 Aug 8 Sep 15 Sep 21 Sep 29 Sep 6 Oct 13 Oct
US$
/mt
Rubber SMR 20
6,900 7,088 7,113
7,281
6,917 6,851 6,730
6,337
6,085 5,965
4,516
3,984
4,366
4,605
4,188
4,571
3,000
3,500
4,000
4,500
5,000
5,500
6,000
6,500
7,000
7,500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
2016 2017
USD
/ to
nne
Black Pepper
* until 31 May 2017** data for April & June 2017 are not available
10MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
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.
55.8
54.8
56.0
56.856.6
58.1
59.0
60.1 60.1 60.259.9
60.4
52.0
53.0
54.0
55.0
56.0
57.0
58.0
59.0
60.0
61.0
28 Jul 4 Aug 11 Aug 18 Aug 25 Aug 30 Aug 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct
US$
/t
Coal
1,481
1,531
1,531 1,571
1,551 1,594
1,629
1,639
1,592
1,666
1,737
1,728
1,791
1,861 1,901
1,921
1,913 1,885
1,903
2,030
2,096
1,400
1,500
1,600
1,700
1,800
1,900
2,000
2,100
2,200
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
2016 2017
US$
/ to
nne
Aluminium
4,472 4,599
4,954 4,873
4,695 4,642
4,865 4,752
4,722
4,731
5,451
5,660 5,755
5,941 5,825
5,684 5,600
5,720
5,985
6,486 6,577
4,000
4,500
5,000
5,500
6,000
6,500
7,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
2016 2017
US$
/ to
nne
Copper
8,507 8,299
8,717 8,879
8,660
8,928
10,263
10,336
10,192
10,260
11,129 10,972
9,971
10,643
10,205
9,609
9,155 8,932
9,491
10,890
11,216
7,000
7,500
8,000
8,500
9,000
9,500
10,000
10,500
11,000
11,500
Jan
Feb
Mar Apr
May Jun Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar Apr
May Jun Jul
Aug
Sep
2016 2017
US$
/ to
nne
Nickel
49.7 49.648.8 48.5
47.947.3 47.5
49.950.7
51.7
49.3
51.5
52.5 52.4 52.152.7 52.4 52.8
53.8
55.6
56.957.5
55.6
57.2
40
42
44
46
48
50
52
54
56
58
60
28 Jul 4 Aug 11 Aug 18 Aug 25 Aug 30 Aug 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct
US$
/bbl
Crude Petroleum
Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl
Commodity Price Trends
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.my
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.
930.0
969.0
987.0 988.0
978.0
1,002.0
1,017.0
979.0
938.0
923.0
914.0
943.0
860.0
880.0
900.0
920.0
940.0
960.0
980.0
1,000.0
1,020.0
1,040.0
28 Jul 4 Aug 11 Aug 18 Aug 25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct
US$
/oz
Platinum
315.0320.0
330.0
350.0 350.0
390.0 390.0380.0
370.0
350.0 350.0 350.0
300.0310.0
320.0
340.0 340.0
370.0380.0
370.0360.0
330.0 330.0 330.0
200
250
300
350
400
450
21 Jul 28 Jul 4 Aug 11 Aug 18 Aug 25 Aug 8 Sep 15 Sep 21 Sep 29 Sep 6 Oct 13 Oct
US$
/mt
Scrap Iron
Scrap Iron/MT (High) Scrap Iron/MT(Low)
41.88
46.83
56.20
60.92
55.1351.98
57.26
60.8957.79
59.09
73.10
80.02
80.41
89.4487.65
70.22
62.43
57.48
67.74
76.07
71.53
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 Sep
2016 2017
US$
/dm
tu
Iron Ore
16.7
16.5
17.117.2
17.1
17.6
18.1
17.8
17.0
16.8
16.6
17.4
15.5
16.0
16.5
17.0
17.5
18.0
18.5
28 Jul 4 Aug 11 Aug 18 Aug 25 Aug 1 Sep 8 Sep 15 Sep 22 Sep 29 Sep 6 Oct 13 Oct
US$
/oz
Silver
40.7
40.4
41.4
41.7
41.3
42.5
43.3
42.5
41.6
41.3
40.6
41.8
39.0
39.5
40.0
40.5
41.0
41.5
42.0
42.5
43.0
43.5
27 Jul 3 Aug 10 Aug 17 Aug 24 Aug 31 Aug 7 Sep 14 Sep 21 Sep 28 Sep 5 Oct 12 Oct
US$
/oz
Gold
Commodity Price Trends
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
MITI PROGRAMMEMITI PROGRAMMEMITI PROGRAMMEMITI PROGRAMME
The Qatari Emir’s Official Visit to Malaysia,15 - 16 October 2017
The Emir of QatarSheikh Tamim bin Hamad Al Thani
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 PROGRAMMESAMBUTAN HARI SUKAN NEGARA PERINGKAT MITI DAN AGENSI 2017,14 Okt. 2017
14MITI Tower, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia Tel: +603 - 8000 8000 Fax: +603 - 6202 9446
MITI PROGRAMMEMinister of International Trade and Industry
Official Working Visit to Singapore, 11 October 2017
15MITI 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
of Technical Terms
Source: http://www.miti.gov.my/index.php/glossary
Open economyAn economy that allows the unrestricted flow of people, capital, goods and services across its borders
Open RegionalismAn APEC theory which was adopted from the very beginning of the organization’s founding in 1989. The characteristics of open regionalism, expressed in a report by the Peterson Institute, are: 1) the maximum possible extent of unilateral liberalization; 2) a commitment to continue reducing its barriers to non-member countries; 3) a willingness to extend its regional liberalization to non members on a mutually reciprocal basis; and 4) recognition that any individual APEC member can unilaterally extend its APEC liberalization to non-members on a conditional or unconditional basis.
OTDSOverall trade distorting - support comprises Amber Box (refer Amber Box), Blue Box (refer Blue Box) and De Minimis Subsidies (refer De Minis Subsidies).
Pathfinder Approach / Pathfinder InitiativeAn APEC approach which allows a group of members able to proceed more quickly on cooperative projects, to do so through cooperative pilot projects (known as ‘pathfinder initiatives’). Experiences generated from such pilot projects are then disseminated to other members. These other members are encouraged to join the pathfinder projects as soon as they are able. Pathfinder initiatives are developed in a manner consistent with APEC principles and practices, and capacity building often forms an important component of pathfinder initiatives.
PCOPreferential Certificate of Origin
PDProgram Directors - are often of diplomatic rank and seconded to work at the Secretariat by member economies. Program directors undertake work in specific fields and cooperative projects of APEC, oversee activities of relevant working groups, fora, and meetings to ensure that APEC requirements are met as well as effectively implement policy directives and declarations of Leaders and Ministers.
PDKPerintah Duti Kastam – A Customs Duties Order that include import duties that shall be levied on, and paid by the importer, in respect of goods imported into Malaysia, at the full rates or tariff rate quota. The Customs Duties Order also includes export duties that shall be levied on and paid by the exporter in respect of the goods exported from Malaysia, at the specified rates.
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