13
No. ISSN: 2180-0448 DRIVING Transformation, POWERING Growth” MITI Weekly Bulletin / www.miti.gov.my Source: Xinhuanet, 10 November 2014 MITI in the news China is Welcome to Invest in Malaysia As the 2014 Asia-Pacific Economic Cooperation (APEC) meetings in Beijing encourage more regional investment, China is welcome to do so in Malaysia, said Mustapa Mohamed, Minister of International Trade and Industry (MITI) Malaysia, on Sunday. Mustapa said this when speaking of the big investment imbalance between Malaysia and China in an interview with Xinhuanet. Indeed, the ratio between Chinese investment in Malaysia and Malaysian investment to China is about one to six. “In other words, for every one U.S. dollar of Chinese investment in Malaysia, we have six U.S. dollars of Malaysian investment in China”, said Mustapa. China’s investment abroad in the next 10 years is expected to reach US$1.25 trillion, said President Xi Jinping on Sunday, while addressing the CEO Summit of the ongoing APEC meetings. Therefore, “we hope we could get a share of China’s foreign investment in the future,” said Mustapa, encouraging more Chinese enterprises to invest in Malaysia. Chinese businessmen, who are keen to invest in Malaysia, are invited and asked to visit the Malaysian Investment Development Authority (MIDA) in Kuala Lumpur, capital of Malaysia. Besides, more measures and policies in favour of Chinese companies are being made, according to the minister. “MITI has three offices in Beijing, Shanghai and Guangzhou,” said Mustapa, as the Malaysian government is trying best to make Malaysian policies better known to Chinese businessmen. Meanwhile, more activities and institutions are carried out and set up to ensure all the agreements signed and all the decisions made during Malaysian Prime Minister Najib’s visit to China could be implemented, according to the minister. During Najib Razak’s visit to China in late May, he vowed to follow the traditional friendship, strengthen the two sides’ mutual trust, and actively promote the development of Malaysia-China relations. “It means we have to do more things, covering every sector and field of our cooperation.” said Mustapa.

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Page 1: MITI in the news download images/5df3140632709.pdfKuala Kangsar district office is the site of the last surviving rubber tree from the original batch H. N. Ridley brought from London’s

No. ISSN: 2180-0448“D

RIV

ING

Transform

ation, PO

WER

ING

Grow

th”

MITI Weekly Bulletin / www.miti.gov.my

Source: Xinhuanet, 10 November 2014

MITI in the newsChina is Welcome to Invest in Malaysia

As the 2014 Asia-Pacific Economic Cooperation (APEC) meetings in Beijing encourage more regional investment, China is welcome to do so in Malaysia, said Mustapa Mohamed, Minister of International Trade and Industry (MITI) Malaysia, on Sunday. Mustapa said this when speaking of the big investment imbalance between Malaysia and China in an interview with Xinhuanet. Indeed, the ratio between Chinese investment in Malaysia and Malaysian investment to China is about one to six. “In other words, for every one U.S. dollar of Chinese investment in Malaysia, we have six U.S. dollars of Malaysian investment in China”, said Mustapa. China’s investment abroad in the next 10 years is expected to reach US$1.25 trillion, said President Xi Jinping on Sunday, while addressing the CEO Summit of the ongoing APEC meetings. Therefore, “we hope we could get a share of China’s foreign investment in the future,” said Mustapa, encouraging more Chinese enterprises to invest in Malaysia. Chinese businessmen, who are keen to invest in Malaysia, are invited and asked to visit the Malaysian Investment Development Authority (MIDA) in Kuala Lumpur, capital of Malaysia.

Besides, more measures and policies in favour of Chinese companies are being made, according to the minister.

“MITI has three offices in Beijing, Shanghai and Guangzhou,” said Mustapa, as the Malaysian government is trying best to make Malaysian policies better known to Chinese businessmen. Meanwhile, more activities and institutions are carried out and set up to ensure all the agreements signed and all the decisions made during Malaysian Prime Minister Najib’s visit to China could be implemented, according to the minister. During Najib Razak’s visit to China in late May, he vowed to follow the traditional friendship, strengthen the two sides’ mutual trust, and actively promote the development of Malaysia-China relations. “It means we have to do more things, covering every sector and field of our cooperation.” said Mustapa.

Page 2: MITI in the news download images/5df3140632709.pdfKuala Kangsar district office is the site of the last surviving rubber tree from the original batch H. N. Ridley brought from London’s

MITI Weekly Bulletin | www.miti.gov.my

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

MITI Weekly Bulletin | www.miti.gov.my

Source : Department of Statistics, Malaysia

“We will try to get the prime minister to chair the meeting next year. When he was here (on the occasion of the 40th anniversary), he decided he would chair the meeting, monitor the platforms concerning China-Malaysia ties covering economy, finance, tourism and others,” he said. Mustapa is here for the APEC Ministers Meeting in conjunction with Asia-Pacific Economic Cooperation meeting 2014. He said besides his ministry, other agencies included Malaysian Investment Development Authority, Malaysia External Trade Development Corporation and East Coast Economic Region. Mustapa added that the Ministry of Tourism and Culture, Ministry of Agriculture and Agro-based Industry, Malaysia-China Kuantan Industrial Park and state governments would also be involved. “The committee will also be a comprehensive and strategic forum for bilateral trade as what the prime minister aspired,” he said. The efforts showed the importance of ties with China to Malaysia, he said. Meanwhile, the prime minister is expected to arrive here today to lead a delegation for the 22nd APEC Economic Leaders Meeting starting Monday.

The strong Malaysia-China relations, established 40 years ago, is expected to boost bilateral trade to US$160 billion by 2017. Minister of International Trade and Industry, Dato’ Sri Mustapa Mohamed, said this was the first estimate made by the Special Monitoring Committee set up on Nov 4 comprising agencies under the ministry with the aim to coordinate and monitor economic activities with China. The committee, which aimed to strengthen Malaysia-China trade, was announced by Prime Minister Dato’ Seri Najib Tun Razak at the celebration of the 40th

anniversary of the Kuala Lumpur-Beijing ties in May. Mustapa said the committee, which would be a one-stop platform to monitor bilateral trade activities, would be chaired by the prime minister and coordinated by the ministry. “The meeting to set up the committee in Kuala Lumpur last Tuesday was chaired by me. The Prime Minister’s Special Envoy to China, Tan Sri Ong Ka Ting is the deputy chairman,” he told reporters here today. He said Malaysia’s plan on coordinating and monitoring trade ties with China would be unveiled when the prime minister chaired the first meeting.

Malaysia-China Trade Set to Rise to US$160 Billion by 2017

Source: Bernama, 9 November 2014

MALAYSIA

RM205.8 b

Q22014

RM200.6 b

Q32013

RM211.7 b5.6% (y-o-y)

Q32014

Gross Domestic Product (GDP)

Page 3: MITI in the news download images/5df3140632709.pdfKuala Kangsar district office is the site of the last surviving rubber tree from the original batch H. N. Ridley brought from London’s

MITI Weekly Bulletin / www.miti.gov.my

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

Sources : Department of Statistics Malaysia, National Bureau of Statistics China, Department of Statistics Singapore and US Department of Commerce

GDP by Economic Activity, Q3 2014

Services Manufacturing Agriculture Mining &

QuarryingConstruction

RM117.4 b(55.4%)

RM51.4 b(24.3%)

RM16.2 b(7.6%)

RM8.4 b(4.0%)

RM15.4 b(7.3%)

Note: Figures in parentheses refer to share to GDP

GDP, Q1 2012 - Q3 2014

179.

5 184.

9 191.

0 196.

6

187.

1 193.

2 200.

6

206.

7

198.

6 205.

8

211.

7

5.1

5.7

5.2

6.5

4.24.5

5.05.1

6.2 6.5

5.6

0

1

2

3

4

5

6

7

160

170

180

190

200

210

220

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

2012 2013 2014

Growth (y-o-y)GDP (RM bil.)

GDP of Selected Trading Partners

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q32012 2013 2014

Singapore 1.6 3.2 1.1 2.9 1.5 4.0 5.0 4.9 4.8 2.4 2.4US 2.6 2.3 2.7 1.6 1.7 1.8 2.3 3.1 1.9 2.6 2.3China 8.1 7.6 7.4 7.9 7.7 7.5 7.8 7.7 7.4 7.5 7.3Malaysia 5.1 5.7 5.2 6.5 4.2 4.5 5.0 5.1 6.2 6.5 5.6

0

1

2

3

4

5

6

7

8

9

GDP

Grow

th (y

-o-y

)

Page 4: MITI in the news download images/5df3140632709.pdfKuala Kangsar district office is the site of the last surviving rubber tree from the original batch H. N. Ridley brought from London’s

MITI Weekly bulletin www.miti.gov.my

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

Source : Department of Statistics, Malaysia

Manufacturing Sector PerformanceJanuary 2013 - September 2014

42.8

48.1 48.3 49.1

50.0

53.2

55.655.4

35

40

45

50

55

60

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

2013 2014

RM

billio

n

Exports Sales

9.1%(y-o-y)

Manufactured Goods(Jan-Sep 2014)

Industrial Production Index, January - September 2014

1,023,213

1,014,919

1,028,564 1,031,571

1,010,000

1,015,000

1,020,000

1,025,000

1,030,000

1,035,000

Ja

n

Feb

Ma

r

Ap

r

Ma

y

Ju

n

Ju

l

Au

g

Sep

Oct

No

v

De

c

Ja

n

Feb

Ma

r

Ap

r

Ma

y

Ju

n

Ju

l

Au

g

Sep

2013 2014

Pe

rso

ns

EMPLOYMENT

110.6

101.1

114.8

114.1115.1

115.3

120.3

114.9

120.4

125.0

119.0

121.0

115.9

111.1

122.1

119.9

124.3125.9

124.1

123.4

126.0

95

100

105

110

115

120

125

130

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

2013 2014

Ind

ex (

2010=

100)

INDUSTRIAL PRODUCTION INDEX (IPI)

121.4 +6.5% 114.4 97.0 +0.5% 96.5

Jan-Sep2014

Growth Rate

Jan-Sep 2013

(base: 2010 = 100)

118.5 +5.2% 112.6

Overall

114.2 +4.9% 108.9

Manufacturing

Electricity

Mining

76.5% to totalexports (RM569.7b)

Page 5: MITI in the news download images/5df3140632709.pdfKuala Kangsar district office is the site of the last surviving rubber tree from the original batch H. N. Ridley brought from London’s

MITI Weekly Bulletin / www.miti.gov.my

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

ASEAN Statistics, 2013

IndonesiaUS$ 862.6b

ThailandUS$ 387.5b

MalaysiaUS$ 312.1b

SingaporeUS$ 297.9b

PhilippinesUS$ 269.0b

Viet NamUS$ 171.2b

MyanmarUS$ 56.4b

BruneiUS$ 16.1b

CambodiaUS$ 15.7b

LaosUS$ 10.0b

GDP by ASEAN countries, 2013

0 50 100 150 200 250

Singapore

Malaysia

Thailand

Indonesia

Viet Nam

Philippines

Myanmar

Brunei

Cambodia

Laos

206.7

119.1

103.7

94.7

39.5

22.8

9.9

4.5

4.1

3.7

US$ billion

Intra-ASEAN Total Trade

Total Trade: US$608.6 b

248

97.589.7

68.2 64.9

29.615.4

6.8 5.4 0.40

25

50

75

100

125

150

175

200

225

250

275

Indonesia Philippines Viet Nam Thailand Myanmar Malaysia Cambodia Lao PDR Singapura Brunei

Million Persons Population, 2013

Page 6: MITI in the news download images/5df3140632709.pdfKuala Kangsar district office is the site of the last surviving rubber tree from the original batch H. N. Ridley brought from London’s

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

MITI Weekly Bulletin / www.miti.gov.my

128.8

64.0

59.3

40.6

18.2

8.6

5.6

2.6

1.3

1.2

77.9

55.1

44.3

54.0

21.4

14.2

4.2

1.8

2.8

2.5

-150 -100 -50 0 50 100 150

Singapore

Malaysia

Thailand

Indonesia

Viet Nam

Philippines

Myanmar

Brunei

Cambodia

Laos

Intra-ASEAN: Export and Import

Import Export

US$ billion

INTERNATIONAL REPORT

Sources: US Bureau of Economic Analysis and MITI Washington

US Trade in Goods & Services

US Trade in Goods(Jan-Sep 2014)

1,221.8

1,776.0

0200400600800

1,0001,2001,4001,6001,8002,000

Exports Imports

US

$ b

illio

n

US Trade in Services(Jan-Sep 2014)

530.8

354.7

0

100

200

300

400

500

600

Exports Imports

US

$ bi

llion

Sources: ASEAN Secretariat , Jakarta and International Monetary Fund (IMF)

187.5190.2

192.5

195.6

229.7 232.5 231.7238.6

150

160

170

180

190

200

210

220

230

240

250

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

2013 2014

US$

bill

ion

Exports Imports

0 10,000 20,000 30,000 40,000 50,000 60,000

Singapore

Brunei

Malaysia

Thailand

Indonesia

Philippines

Viet Nam

Laos

Cambodia

Myanmar

55,183.3

39,678.7

10,420.5

5,678.1

3,466.7

2,706.9

1,908.6

1,505.4

1,046.5

916.1

US$

GDP Per Capita, 2013

Page 7: MITI in the news download images/5df3140632709.pdfKuala Kangsar district office is the site of the last surviving rubber tree from the original batch H. N. Ridley brought from London’s

MITI Weekly Bulletin / www.miti.gov.my

The village of Wang Kelian in Perlis is the only place in the world where large-scale cave tin-mining was conducted

Source : www.kgomez.com

The largest cave chamber in the world is the Sarawak Chamber in Gunung Mulu National Park in Sarawak, which can easily accommodate a Boeing 747-200

Do you know?...

Sabah is home to the Rafflesia, the lagest flower in the world

Kuala Kangsar district office is the site of the last surviving rubber tree from the original batch H. N. Ridley brought from London’s Kew Gardens in 1877

The first railroad in Malaya was between Port Weld (now Kuala Sepetang) and Taiping, built by the British in 1885 and covering a distance of 13.6 km

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

Success StoryPetroclamp is an innovative service provider in the oil and gas industry focusing on downhole products for oil wells. Located in Taman Perindustrian Zurah, Rasa, Selangor, this 100% Bumiputra company has provider R&D, petrochemical engineering, completion technology and directional drilling for the oil and gas industry since its founding in 2008.

In 2010, Petroclamp began pioneering the development of the first ever dual cable protector product in the oil and gas industry, the Downhole Controline Protector. MITI facilitated Petroclamp’s innovation through the Vendor Development Programme (VDP) in May 2011, giving the company access to a MITI training grant worth RM39,600 including consultation, advisory and technical support from SIRIM.

Petronas Carigali showed its confidence in Petroclamp by granting the company four pilot well projects in December 2011. Since then, Petroclamp has successfully expanded its market to include several leading companies, delivering its first batch of products to Schlumberger in June 2012. In August 2012, Petronas approved Petroclamp’s license.

Petroclamp Sdn Bhd

Petroclamp Sdn. Bhd. (824281-K) Unit 602 ,Blok E Level 6, Phileo Damansara 1, No 9 Jalan 16/11 Off Jalan Damansara, 46350 Petaling Jaya, Selangor Darul Ehsan, Malaysia. Tel : +603 79541794 Fax : +603 79316546Email : [email protected]

CONTACT US

Page 8: MITI in the news download images/5df3140632709.pdfKuala Kangsar district office is the site of the last surviving rubber tree from the original batch H. N. Ridley brought from London’s

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

MITI Weekly Bulletin / www.miti.gov.my

Source : http://econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/EXTDECPROSPECTS

Source : http://www.gold.org/investments/statistics/gold_price_chart/

Malaysian Ringgit Exchange Rate with Indian Rupee and Indonesian Rupiah, January 2013 - October 2014

Gold and Silver Prices, 3 Jan - 07 Nov 2014

Aluminium, Nickel and Copper Prices, Jan 2013 - Oct 2014

Source : Bank Negara Malaysia

2,038 1,946

8,047 6,737

17,473 15,812

0

5,000

10,000

15,000

20,000

25,000

Jan

13

Feb

13

Mar

13

Apr 1

3

May

13

Jun

13

Jul 1

3

Aug 1

3

Sep

13

Oct 1

3

Nov 1

3

Dec 1

3

Jan

14

Feb

14

Mar

14

Apr 1

4

May

14

Jun

14

Jul 1

4

Aug 1

4

Sept

14

Oct 1

4

Aluminium Copper Nickel

0.0240.0250.0260.0270.0280.0290.0300.0310.0320.033

4.60

4.80

5.00

5.20

5.40

5.60

5.80

6.00Jan Fe

b

Mar

Apr

May

June July Aug

Sep Oct

Nov

Dec

Jan Feb

Mar

Apr

May

June July Aug

Sep Oct

2013 2014

Indian Rupee (INR100) Indonesian Rupiah (IDR100)

100 IDR = RM 0.027

100 INR = RM 5.33

38.7

44.32

43.09

37.35

35

37

39

41

43

45

3 J

an

10 J

an

17 J

an

24 J

an

30 J

an

7 F

eb

14 F

eb

21 F

eb

28 F

eb

7 M

ar

14 M

ar

21 M

ar

28 M

ar

4 A

pr

11 A

pr

18 A

pr

25 A

pr

2 M

ay

9 M

ay

16 M

ay

23

May

30

May

6 J

un

13

Ju

n 2

0 J

un

27

Ju

n 4

Ju

l 1

1 J

ul

18

Ju

l 1

Au

g 8

Au

g 1

5 A

ug

22

Au

g 2

9 A

ug

5 S

ep

t 1

2 S

ep

t 1

9 S

ep

t 2

6 S

ep

t 3

Oc

t 1

0 O

ct

17

Oc

t 2

4 O

ct

31

Oc

t 7

No

v

gold/usd/gramme

20.16

21.6921.47

15.78

15

17

19

21

23

25

3 J

an

10 J

an

17 J

an

24 J

an

30 J

an

7 F

eb

14 F

eb

21 F

eb

28 F

eb

7 M

ar

14 M

ar

21 M

ar

28 M

ar

4 A

pr

11 A

pr

18 A

pr

25 A

pr

2 M

ay

9 M

ay

16 M

ay

23

May

30

May

6 J

un

13

Ju

n

20

Ju

n

27

Ju

n

4 J

ul

11

Ju

l

18

Ju

l

1 A

ug

8 A

ug

15

Au

g

22

Au

g

29

Au

g

5 S

ep

t

12

Se

pt

19

Se

pt

26

Se

pt

3 O

ct

10

Oc

t

17

Oc

t

24

Oc

t

31

Oc

t

7 N

ov

silver /usd/oz

Page 9: MITI in the news download images/5df3140632709.pdfKuala Kangsar district office is the site of the last surviving rubber tree from the original batch H. N. Ridley brought from London’s

MITI Weekly Bulletin | www.miti.gov.my

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

MITI Weekly Bulletin | www.miti.gov.my

Source: Ministry of International Trade and Industry, Malaysia

Number and Value of Preferential Certificates of Origin (PCOs)

Number of Certificates

AJCEP: ASEAN-Japan Comprehensive Economic Partnership (Implemented since 1 February 2009)

ACFTA: ASEAN-China Free Trade Agreement (Implemented since 1 July 2003) AKFTA: ASEAN-Korea Free Trade Agreement (Implemented since 1 July 2006)

AANZFTA: ASEAN-Australia-New Zealand Free Trade Agreement(Implemented since 1 January 2010)

AIFTA: ASEAN-India Free Trade Agreement (Implemented since 1 January 2010)

ATIGA: ASEAN Trade in Goods Agreement (Implemented since 1 May 2010)

Value of Preferential Certificates of Origin

Number of Certificates

MICECA: Malaysia-India Comprehensive Economic Cooperation Agreement (Implemented since 1 July 2011)

MNZFTA: Malaysia-New Zealand Free Trade Agreement (Implemented since 1 August 2010)MCFTA: Malaysia-Chile Free Trade Agreement (Implemented since 25 February 2012)

Number of Certificates

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

MPCEPA: Malaysia-Pakistan Closer Economic Partnership Agreement (Implemented since 1 January 2008)

Value of Preferential Certificates of Origin

Value of Preferential Certificates of Origin

MAFTA: Malaysia-Australia Free Trade Agreement (Implemented since 1 January 2013)

MJEPA: Malaysia-Japan Economic Partnership Agreement (Implemented since 13 July 2006)

AANZFTA AIFTA AJCEP ATIGA ACFTA AKFTA

21 Sep 2014 757 517 102 4,435 1,132 689

28 Sep 2014 1,107 553 188 4,830 1,269 714

05 Oct 2014 849 560 263 4,664 1,237 757

12 Oct 2014 895 460 179 4,479 1,395 667

19 Oct 2014 1,025 544 220 4,993 1,770 787

26 Oct 2014 736 389 181 3,970 1,219 575

02 Nov 2014 1,095 531 235 4,622 1,470 776

09 Nov 2014 832 491 291 4,800 1,470 799

MICECA MNZFTA MCFTA MAFTA

21 Sep 2014 326 8 60 49828 Sep 2014 331 3 45 47005 Oct 2014 349 8 51 34212 Oct 2014 297 3 48 30419 Oct 2014 322 4 127 63926 Oct 2014 250 20 42 14002 Nov 2014 303 0 58 50709 Nov 2014 342 5 48 446

MJEPA MPCEPA GSP

21 Sep 2014 825 128 15128 Sep 2014 856 143 12505 Oct 2014 901 208 13812 Oct 2014 785 135 12819 Oct 2014 865 130 16926 Oct 2014 571 125 6102 Nov 2014 1,054 161 16409 Nov 2014 770 174 171

21 Sep 28 Sep 5 Oct 12 Oct 19 Oct 26 Oct 2 Nov 9 NovAANZFTA 75 105 69 71 91 60 96 74AIFTA 121 118 142 119 91 80 84 80AJCEP 296 76 78 193 67 63 91 126

0

50

100

150

200

250

300

350

RM

mill

ion

21 Sep 28 Sep 5 Oct 12 Oct 19 Oct 26 Oct 2 Nov 9 NovATIGA 715 836 802 641 697 662 645 862ACFTA 601 721 490 541 570 604 834 449AKFTA 405 231 110 119 917 90 712 881

0

100

200

300

400

500

600

700

800

900

1,000

RM m

iliio

n

21 Sep 28 Sep 5 Oct 12 Oct 19 Oct 26 Oct 2 Nov 9 NovMICECA 30.88 38.33 44.93 43.01 46.42 46.44 39.98 37.69MNZFTA 0.20 0.03 0.11 0.02 0.21 0.51 0.00 0.21MCFTA 6.68 4.74 6.03 6.17 18.94 10.46 12.94 8.69MAFTA 30.61 36.49 30.24 24.35 52.21 12.67 38.90 84.91

0

10

20

30

40

50

60

70

80

90

RM

mill

ion

21 Sep 28 Sep 5 Oct 12 Oct 19 Oct 26 Oct 2 Nov 9 NovMJEPA 161 146 113 122 154 91 182 133MPCEPA 28 34 70 19 15 44 25 63GSP 24 20 26 20 19 10 21 36

0

20

40

60

80

100

120

140

160

180

200

RM m

illion

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MITI Weekly Bulletin | www.miti.gov.my

“DR

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MITI Weekly Bulletin | www.miti.gov.my

59.0

57.2

56.5

56.554.5

51.4

52.8

51.8

51.3

51.6

53.3

53.3

46

48

50

52

54

56

58

60

22 Aug 29 Aug 5 Sep 12 Sep 19 Sep 26 Sep 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov

US$

/mt

Coal

Commodity Price Trends

Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group

Source :

150.5 154.6139.9 137.4

124.0

114.8127.2

137.1 134.2 132.6 136.3 135.8 128.1 121.4111.8 114.6

100.692.7 96.1 92.6

82.4 81.0

0

20

40

60

80

100

120

140

160

180

13 Jan 13 Feb 13 Mar 13 Apr 13 May 13 Jun 13 Jul 13 Aug 13 Sep 13 Oct 13 Nov 13 Dec 14 Jan 14 Feb 14 Mar 14 Apr 14 May 14 Jun 14 Jul 14 Aug 14 Sep 14 Oct

US

$/d

mtu

Iron Ore

2013 2014

720.0

693.0

697.0

710.0 705.0726.0

822.0

718.5

822.0

699.0

710.5

748.0

600

650

700

750

800

850

22Aug 29 Aug 5 Sept 12 Sept19 Sept26 Sept 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov

US

$/m

t

Crude Palm Oil1,647.5

1,614.5

1,507.0

1,529.0

1,453.01,422.0 1,433.5

1,470.5

1,607.5 1,602.0

1,482.0

1,556.5

1300

1350

1400

1450

1500

1550

1600

1650

1700

22Aug 29 Aug 5 Sept 12 Sept 19 Sept 26 Sept 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov

US

$/m

t

Rubber SMR 20

2,827.0

2,683.0

2,674.22,734.8

2,886.42,840.9

2,674.2

2,784.4 2,800.1

2,674.3

2,559.9

2,513.6

2300

2400

2500

2600

2700

2800

2900

3000

22Aug 29 Aug 5 Sept 12 Sept19 Sept26 Sept 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov

US

$/M

T

Cocoa

337.5

345.5

333.5 334.8

339.5

336.3

345.3348.5

341.0

333.0

328.5324.0

300

310

320

330

340

350

360

22Aug 29 Aug 5 Sept 12 Sept 19 Sept 26 Sept 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov

US

$/M

T

Raw Sugar

94.5 94.6

91.5 93.1

97.0

91.0

83.8 83.381.0 80.9

77.974.4

70

75

80

85

90

95

100

22 Aug 29 Aug 5 Sep 12 Sep 19 Sep 26 Sep 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov

US

$/b

bl

Crude Petroleum

380.0

355.0

370.0

345.0

340

345

350

355

360

365

370

375

380

385

22 Aug 29 Aug 5 Sep 12 Sep 19 Sep 26 Sep 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov

US$

/mt

Scrap Iron

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

Page 11: MITI in the news download images/5df3140632709.pdfKuala Kangsar district office is the site of the last surviving rubber tree from the original batch H. N. Ridley brought from London’s

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

MITI Weekly Bulletin / www.miti.gov.my

Crude Petroleum (07 November 2014)

US$74.4 per bbl

Crude Palm Oil(07 November 2014)

US$748.0 per MT

Highest & Lowest Prices, 2013/2014

17 November 2014 domestic prices for :1. Billets (per MT) : RM1,650 - RM1,7002. Steel bars (per MT) : RM1,900 - RM2,000

Commodity Prices

Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group

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 indicatedSource :

CommodityCrude

Petroleum (per bbl)

Crude Palm Oil (per MT)

Raw Sugar

(per MT)

Rubber SMR 20(per MT)

Cocoa SMC 2

(per MT)

Coal(per MT)

Scrap Iron HMS

(per MT)07 Nov 2014

(US$) 74.4 748.0 324.0 1,556.5 2,513.6 53.3 355.0 (high)345.0 (low)

% change* 4.5 5.3 1.4 5.0 1.8 unchanged unchanged

2013i 88.1 - 108.6 805.5 361.6 2,390.8 1,933.1 .. 485.6

2012i 77.7 - 109.5 1,000.4 473.8 952.5 2,128.9 .. 444.7

2011i 80.3 - 112.7 1,124.0 647.0 1,348.3 2,644.8 .. 491.0

Lowest

(US$ per bbl)

Highest(US$ per bbl)

Highest(US$ per MT)

Lowest

(US$ per MT)2014

13 Jun 2014: 107.62013

6 Sept 2013: 110.2

201407 Nov 2014: 74.4

201319 Apr 2013: 88.1

201414 Mar 2014: 982.5

201315 Nov 2013: 925.0

201429 Aug 2014: 693.0

20134 Jan 2013: 800.0

Page 12: MITI in the news download images/5df3140632709.pdfKuala Kangsar district office is the site of the last surviving rubber tree from the original batch H. N. Ridley brought from London’s

program kecergasan miti & agensi 15 NOVEMBER 2014 @

FOREST RESEARCH INSTITUTE, MALAYSIA (FRIM)

MITI Weekly Bulletin / www.miti.gov.my

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

Page 13: MITI in the news download images/5df3140632709.pdfKuala Kangsar district office is the site of the last surviving rubber tree from the original batch H. N. Ridley brought from London’s

MITI Weekly Bulletin / www.miti.gov.my

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Comments & Suggestions

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