No. ISSN: 2180-0448
“ MITI in the news DRIVING China is Welcome to Invest in Malaysia Transformation, 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.
POWERING 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. Growth”
“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. “MITI has three offices in Beijing, Shanghai and Guangzhou,” said Mustapa, as the Malaysian China’s investment abroad in the next 10 years is government is trying best to make Malaysian policies expected to reach US$1.25 trillion, said President Xi better known to Chinese businessmen. Jinping on Sunday, while addressing the CEO Summit of the ongoing APEC meetings. Meanwhile, more activities and institutions are carried out and set up to ensure all the agreements signed and Therefore, “we hope we could get a share of China’s all the decisions made during Malaysian Prime Minister foreign investment in the future,” said Mustapa, Najib’s visit to China could be implemented, according encouraging more Chinese enterprises to invest in to the minister. Malaysia. During Najib Razak’s visit to China in late May, he Chinese businessmen, who are keen to invest in vowed to follow the traditional friendship, strengthen Malaysia, are invited and asked to visit the Malaysian the two sides’ mutual trust, and actively promote the Investment Development Authority (MIDA) in Kuala development of Malaysia-China relations. Lumpur, capital of Malaysia. “It means we have to do more things, covering every Besides, more measures and policies in favour of sector and field of our cooperation.” said Mustapa. Chinese companies are being made, according to the minister. Source: Xinhuanet, 10 November 2014
MITI Weekly Bulletin / www.miti.gov.my Malaysia-China Trade Set to Rise to US$160 Billion by 2017 The strong Malaysia-China relations, established “We will try to get the prime minister to chair the 40 years ago, is expected to boost bilateral trade to meeting next year. When he was here (on the occasion US$160 billion by 2017. of the 40th anniversary), he decided he would chair the meeting, monitor the platforms concerning China- Minister of International Trade and Industry, Dato’ Sri Malaysia ties covering economy, finance, tourism and Mustapa Mohamed, said this was the first estimate others,” he said. made by the Special Monitoring Committee set up on Nov 4 comprising agencies under the ministry with the Mustapa is here for the APEC Ministers Meeting in aim to coordinate and monitor economic activities with conjunction with Asia-Pacific Economic Cooperation China. meeting 2014.
The committee, which aimed to strengthen Malaysia- He said besides his ministry, other agencies included China trade, was announced by Prime Minister Dato’ Malaysian Investment Development Authority, Seri Najib Tun Razak at the celebration of the 40th Malaysia External Trade Development Corporation anniversary of the Kuala Lumpur-Beijing ties in May. and East Coast Economic Region. Mustapa added that the Ministry of Tourism and Culture, Ministry of Mustapa said the committee, which would be a one- Agriculture and Agro-based Industry, Malaysia-China stop platform to monitor bilateral trade activities, would Kuantan Industrial Park and state governments would be chaired by the prime minister and coordinated by also be involved. “ the ministry. DRIVING “The committee will also be a comprehensive and “The meeting to set up the committee in Kuala Lumpur strategic forum for bilateral trade as what the prime last Tuesday was chaired by me. The Prime Minister’s
minister aspired,” he said. Transformation, Special Envoy to China, Tan Sri Ong Ka Ting is the deputy chairman,” he told reporters here today. The efforts showed the importance of ties with China to Malaysia, he said. Meanwhile, the prime minister He said Malaysia’s plan on coordinating and monitoring is expected to arrive here today to lead a delegation trade ties with China would be unveiled when the prime for the 22nd APEC Economic Leaders Meeting starting
minister chaired the first meeting. Monday. POWERING Source: Bernama, 9 November 2014
MALAYSIA Growth” Gross Domestic Product (GDP)
Q3 Q2 2013 Q3 2014 2014 RM200.6 b RM205.8 b
RM211.7 b 5.6% (y-o-y)
Source : Department of Statistics, Malaysia
MITI Weekly Bulletin | www.miti.gov.my GDP, Q1 2012 - Q3 2014
GDP (RM bil.) Growth (y-o-y)
220 6.5 6.5 7 6.2
5.7 6 210 5.1 5.6 5.0 4.5 5 200 5.1 5.2 4.2 211.7 205.8
206.7 4 200.6
190 198.6 196.6
193.2 3
180 191.0 187.1 2 184.9
170 179.5 1
160 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2012 2013 2014 “ DRIVING
GDP by Economic Activity, Q3 2014 Transformation,
RM117.4 b RM51.4 b RM16.2 b RM15.4 b RM8.4 b (55.4%) (24.3%) (7.6%) (7.3%) (4.0%) POWERING Growth”
Services Manufacturing Agriculture Mining & Construction
Note: Figures in parentheses refer to share to GDP Quarrying GDP of Selected Trading Partners
9 8 7 y)
- 6 o - 5 4 3
GDP Growth (y 2 1 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2012 2013 2014 Singapore 1.6 3.2 1.1 2.9 1.5 4.0 5.0 4.9 4.8 2.4 2.4 US 2.6 2.3 2.7 1.6 1.7 1.8 2.3 3.1 1.9 2.6 2.3 China 8.1 7.6 7.4 7.9 7.7 7.5 7.8 7.7 7.4 7.5 7.3 Malaysia 5.1 5.7 5.2 6.5 4.2 4.5 5.0 5.1 6.2 6.5 5.6
Sources : Department of Statistics Malaysia, National Bureau of Statistics China, Department of Statistics Singapore and US Department of Commerce MITI Weekly Bulletin / www.miti.gov.my Industrial Production Index, January - September 2014 (base: 2010 = 100) Jan-Sep Jan-Sep Growth 2014 2013 Rate
Manufacturing Mining
121.4 114.4 +6.5% 97.0 96.5 +0.5%
Overall “
Electricity DRIVING
118.5 112.6 +5.2% 114.2 108.9 +4.9% Transformation,
Manufacturing Sector Performance January 2013 - September 2014 POWERING
60 130 125.9 126.0 125.0
55.6 124.3 124.1 Growth” 125 55.4 120.4 122.1 55 53.2 120.3 121.0 123.4 120 50.0 115.3 119.0 115.9 119.9 50 48.1 48.3 49.1 114.8 115 110.6 115.1 114.9 114.1 45 110 RM billion 42.8 111.1
Index (2010=100) 105 40 INDUSTRIAL PRODUCTION 100 101.1 INDEX (IPI) 35 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 95 2013 2014 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Exports Sales 2013 2014
1,035,000 Manufactured Goods 1,030,000 1,028,564 1,031,571 (Jan-Sep 2014)
1,023,213 1,025,000 76.5% to total
1,020,000 exports (RM569.7b) Persons
1,014,919 1,015,000 EMPLOYMENT
1,010,000 9.1% Jul Jul Oct Apr Apr Jan Jan Feb Mar Jun Feb Mar Jun Sep Dec Sep Nov Aug Aug May May (y-o-y) 2013 2014
Source : Department of Statistics, Malaysia
MITI Weekly bulletin www.miti.gov.my ASEAN Statistics, 2013
Million Persons Population, 2013 275 248 250
225
200
175
150
125 97.5 100 89.7
75 68.2 64.9
50 29.6 25 15.4 6.8 5.4 0.4 0 Indonesia Philippines Viet Nam Thailand Myanmar Malaysia Cambodia Lao PDR Singapura Brunei “ GDP by ASEAN countries, 2013 DRIVING Malaysia US$ 312.1b Thailand US$ 387.5b Singapore Transformation, US$ 297.9b
Philippines
US$ 269.0b POWERING
Viet Nam
Indonesia US$ 171.2b Growth” US$ 862.6b Myanmar US$ 56.4b Laos Cambodia Brunei US$ 10.0b US$ 15.7b US$ 16.1b
Intra-ASEAN Total Trade
Laos 3.7 Total Trade: US$608.6 b Cambodia 4.1 Brunei 4.5 Myanmar 9.9 Philippines 22.8 Viet Nam 39.5 Indonesia 94.7 Thailand 103.7 Malaysia 119.1 Singapore 206.7
0 50 100 150 200 250 US$ billion
MITI Weekly Bulletin / www.miti.gov.my “DRIVING Transformation, POWERING Growth” 354.7 Imports in Services Sep 2014) - 530.8 (Jan Exports US Trade US 0
150
500 400 300 200 100 600 US$ billion US$ 55,183.3 60,000 100 Imports 1,776.0 77.9 in Goodsin 50,000 Sep 2014) - 55.1 54.0 39,678.7 44.3 (Jan Exports 1,221.8 50 US Trade US 0 40,000 21.4 800 600 400 200
1,600 1,400 1,200 1,000 2,000 1,800 14.2 US$ billion US$ 4.2 2.8 2.5 1.8 0 US$ Export 30,000 1.2 1.3 2.6 Sep 5.6 8.6 238.6 195.6 Aug 18.2 Jul Import ASEAN: ASEAN: Exportand Import - Jun -50 20,000 40.6 May 2014 Intra 10,420.5 Apr 59.3 GDP Per Capita,2013 Per GDP 64.0 Mar 5,678.1 Feb INTERNATIONALREPORT 10,000 3,466.7 2,706.9 231.7 1,908.6 Jan -100 192.5 1,505.4 1,046.5 Imports 916.1 Dec Nov 0 Oct 128.8 US$ billion US$ Exports 232.5 Sep 190.2 -150 Aug Laos Laos Jul in Goods & Services & Goods in Brunei Brunei 2013 Thailand Jun Thailand Malaysia Malaysia Viet Nam Viet Nam Myanmar Myanmar Indonesia Indonesia Cambodia Singapore Cambodia Singapore Philippines Philippines May Apr Mar Feb US TradeUS 229.7 Jan 187.5
170 160 150 200 190 180 230 220 210 250 240 US$ billion US$ Sources: ASEAN Secretariat , Jakarta and International Monetary Fund (IMF) ASEAN Secretariat , Jakarta Sources: Sources: US Bureau of Economic Analysis and MITI Washington Sources: US Bureau of Economic MITI Weekly Bulletin / www.miti.gov.my MITI Weekly Success Story Petroclamp Sdn Bhd Petroclamp 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 CONTACT US support from SIRIM. Petroclamp Sdn. Bhd. (824281-K) Petronas Carigali showed its confidence in Petroclamp by Unit 602 ,Blok E Level 6, Phileo Damansara 1, granting the company four pilot well projects in December 2011. No 9 Jalan 16/11 Off Jalan Damansara, 46350 Petaling Since then, Petroclamp has successfully expanded its market Jaya, Selangor Darul Ehsan, Malaysia. to include several leading companies, delivering its first batch Tel : +603 79541794 “ of products to Schlumberger in June 2012. In August 2012, Fax : +603 79316546 DRIVING Petronas approved Petroclamp’s license. Email : [email protected] Do you know?... Transformation,
The first railroad in Malaya was between Port Weld (now Kuala POWERING Sepetang) and Taiping, built by the British in 1885 and covering a distance of 13.6 km Growth” 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
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 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
MITI Weekly Bulletin / www.miti.gov.my
“DRIVING Transformation, POWERING Growth”
7 Nov 7
31 Oct 31
15.78 14 Oct
24 Oct 24 17 Oct 17
6,737 1,946
10 Oct 10 15,812
0.033 0.032 0.031 0.030 0.029 0.028 0.027 0.026 0.025 0.024 3 Oct 3
Sept 14 Sept
26 Sept 26
19 Sept 19
Oct
12 Sept 12
5 Sept 5
Aug 14 Aug
29 Aug 29
22 Aug 22 Sep
15 Aug 15
8 Aug 8
Jul 14 Jul 1 Aug 1
Aug 18 Jul 18
11 Jul 11
21.47 Jul 4
Jun 14 Jun
= RM 0.027 RM = Jun 27 July
20 Jun 20
13 Jun 13
6 Jun 6
IDR 14 May
30 May 30
June
23 May 23 16 May 16
100 INR = RM RM = 5.33 100 INR
100 May 9
Apr 14 Apr
May 2 May 2
2014 Apr 25
18 Apr 18
11 Apr 11
Apr
Mar 14 Mar 4 Apr 4 28 Mar 28
Nickel
21 Mar 21
Indonesian Rupiah (IDR100)
14 Mar 14
Mar
Feb 14 Feb 7 Mar 7
28 Feb 28
21 Feb 21
Feb
21.69 Feb 14
Jan 14 Jan 7 Feb 7
30 Jan 30
24 Jan 24
Jan
17 Jan 17
Dec 13 Dec
10 Jan 10
Copper 3 Jan 3
20.16 Dec
23 21 19 17 15 25 Nov 13 Nov
silver /usd/oz silver
Nov
Oct 13 Oct
7 Nov 7
Oct 37.35 31 Oct 31
24 Oct 24
Sep 13 Sep
17 Oct 17
10 Oct 10
Sep Aluminium
3 Oct 3
26 Sept 26
Aug 13 Aug
19 Sept 19
12 Sept 12 Aug
5 Sept 5
29 Aug 29
22 Aug 22 Jul 13 Jul
15 Aug 15 July
8 Aug 8
1 Aug 1
18 Jul 18
Jun 13 Jun
June 43.09 Jul 11
2013 Jul 4
27 Jun 27
20 Jun 20
May 13 May May 13 Jun 13
6 Jun 6
30 May 30
23 May 23
Apr Apr 13 Apr 16 May 16
9 May 9
Gold and Silver Prices, 3 Jan - 07 Nov 2014 3 Jan - 07 Nov Prices, Gold and Silver May 2
25 Apr 25
Mar
18 Apr 18 Mar 13 Mar
Indonesian January Rupiah, - October 2013 2014 Apr 11
4 Apr 4
28 Mar 28 Jan 2013 - Oct 2014 Prices, NickelAluminium, and Copper
Feb 21 Mar 21
Malaysian Ringgit Exchange Rate Indian with Ringgit Exchange Malaysian Rupee and 13 Feb 14 Mar 14
44.32 7 Mar 7
28 Feb 28
Jan 21 Feb 21
Jan 13 Jan 14 Feb 14
17,473 17,473 8,047 7 Feb 7 2,038
30 Jan 30
24 Jan 24 17 Jan 17
0 10 Jan 10 3 Jan 3 38.7 5,000 4.80 4.60 5.20 5.00 5.60 5.40 6.00 5.80 Indian Rupee (INR100) 10,000 15,000 20,000 25,000 37 35 39 43 41 45 gold/usd/gramme Source : http://econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/EXTDECPROSPECTS Source : Bank Negara Malaysia Source : http://www.gold.org/investments/statistics/gold_price_chart/ MITI Weekly Bulletin / www.miti.gov.my MITI Weekly Number and Value of Preferential Certificates of Origin (PCOs)
350 Number of Certificates 300 AANZFTA AIFTA AJCEP ATIGA ACFTA AKFTA 250 21 Sep 2014 757 517 102 4,435 1,132 689 200 28 Sep 2014 1,107 553 188 4,830 1,269 714
RM million RM 150 05 Oct 2014 849 560 263 4,664 1,237 757 100 12 Oct 2014 895 460 179 4,479 1,395 667 50 19 Oct 2014 1,025 544 220 4,993 1,770 787 0 21 Sep 28 Sep 5 Oct 12 Oct 19 Oct 26 Oct 2 Nov 9 Nov 26 Oct 2014 736 389 181 3,970 1,219 575 AANZFTA 75 105 69 71 91 60 96 74 02 Nov 2014 1,095 531 235 4,622 1,470 776 AIFTA 121 118 142 119 91 80 84 80 AJCEP 296 76 78 193 67 63 91 126 09 Nov 2014 832 491 291 4,800 1,470 799
Value of Preferential Certificates of Origin AANZFTA: ASEAN-Australia-New Zealand Free Trade Agreement (Implemented since 1 January 2010)
1,000 AIFTA: ASEAN-India Free Trade Agreement 900 (Implemented since 1 January 2010) 800 AJCEP: ASEAN-Japan Comprehensive Economic Partnership 700 (Implemented since 1 February 2009) 600 ATIGA: ASEAN Trade in Goods Agreement 500 (Implemented since 1 May 2010)
RM miliion 400 ACFTA: ASEAN-China Free Trade Agreement “ DRIVING 300 (Implemented since 1 July 2003) 200 AKFTA: ASEAN-Korea Free Trade Agreement 100 (Implemented since 1 July 2006) 0 21 Sep 28 Sep 5 Oct 12 Oct 19 Oct 26 Oct 2 Nov 9 Nov
ATIGA 715 836 802 641 697 662 645 862 Transformation, ACFTA 601 721 490 541 570 604 834 449 Number of Certificates AKFTA 405 231 110 119 917 90 712 881 MICECA MNZFTA MCFTA MAFTA 21 Sep 2014 326 8 60 498 Value of Preferential Certificates of Origin 28 Sep 2014 331 3 45 470 90
05 Oct 2014 349 8 51 342 POWERING 80 12 Oct 2014 297 3 48 304 70 19 Oct 2014 322 4 127 639 60 26 Oct 2014 250 20 42 140 50
02 Nov 2014 303 0 58 507 Growth” 40 RM million 09 Nov 2014 342 5 48 446 30
20 MICECA: Malaysia-India Comprehensive Economic 10 Cooperation Agreement (Implemented since 1 July 2011) 0 21 Sep 28 Sep 5 Oct 12 Oct 19 Oct 26 Oct 2 Nov 9 Nov MNZFTA: Malaysia-New Zealand Free Trade Agreement MICECA 30.88 38.33 44.93 43.01 46.42 46.44 39.98 37.69 (Implemented since 1 August 2010) MNZFTA 0.20 0.03 0.11 0.02 0.21 0.51 0.00 0.21 MCFTA: Malaysia-Chile Free Trade Agreement MCFTA 6.68 4.74 6.03 6.17 18.94 10.46 12.94 8.69 (Implemented since 25 February 2012) MAFTA 30.61 36.49 30.24 24.35 52.21 12.67 38.90 84.91 MAFTA: Malaysia-Australia Free Trade Agreement (Implemented since 1 January 2013)
Number of Certificates Value of Preferential Certificates of Origin MJEPA MPCEPA GSP 200 21 Sep 2014 825 128 151 180 28 Sep 2014 856 143 125 160 140 05 Oct 2014 901 208 138 120 100 12 Oct 2014 785 135 128 80 RM million 19 Oct 2014 865 130 169 60 40 26 Oct 2014 571 125 61 20 0 02 Nov 2014 1,054 161 164 21 Sep 28 Sep 5 Oct 12 Oct 19 Oct 26 Oct 2 Nov 9 Nov MJEPA 161 146 113 122 154 91 182 133 09 Nov 2014 770 174 171 MPCEPA 28 34 70 19 15 44 25 63 GSP 24 20 26 20 19 10 21 36
Notes: The preference giving countries under the GSP scheme MPCEPA: Malaysia-Pakistan Closer Economic Partnership are Japan, Switzerland, the Russian Federation, Norway, Agreement (Implemented since 1 January 2008) Kazakhstan, Cambodia, Liechtenstein and Belarus. MJEPA: Malaysia-Japan Economic Partnership Source: Ministry of International Trade and Industry, Malaysia Agreement (Implemented since 13 July 2006)
MITI Weekly Bulletin | www.miti.gov.my Commodity Price Trends
Crude Palm Oil Rubber SMR 20 850 1700 822.0 822.0 1,647.5 1650 1,614.5 800 1,607.5 1,602.0 1600 1,556.5 748.0 1,529.0 750 1550 720.0 710.5 1500 US$/mt
697.0 US$/mt 700 726.0 1,507.0 718.5 1450 1,482.0 710.0 705.0 699.0 1,453.0 1,470.5 693.0 1400 650 1,422.0 1,433.5 1350
600 1300 22Aug 29 Aug 5 Sept 12 Sept19 Sept26 Sept 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov 22Aug 29 Aug 5 Sept 12 Sept 19 Sept 26 Sept 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov
Raw Sugar Cocoa 360 3000 2,886.4 348.5 2900 2,827.0 2,840.9 350 345.5 345.3 2,800.1 341.0 2,784.4 339.5 2800 340 “ 2,683.0 2,674.3 DRIVING 2700 337.5 336.3 330 334.8 333.0 2,734.8 US$/MT 333.5 2600 2,674.2 2,559.9 328.5
US$/MT 2,674.2 320 324.0 2500 2,513.6 Transformation, 2400 310
2300 300 22Aug 29 Aug 5 Sept 12 Sept19 Sept26 Sept 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov 22Aug 29 Aug 5 Sept 12 Sept 19 Sept 26 Sept 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov
Coal POWERING Crude Petroleum 60 59.0 100 97.0 94.5 94.6 58 95 56.5
56 57.2 54.5 Growth” 90 93.1 56.5 91.5 91.0 53.3 54 52.8 85 51.3 53.3 US$/mt 52 US$/bbl 83.8 83.3 80 51.8 81.0 80.9 50 51.4 51.6 75 77.9 48 74.4 70 46 22 Aug 29 Aug 5 Sep 12 Sep 19 Sep 26 Sep 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov 22 Aug 29 Aug 5 Sep 12 Sep 19 Sep 26 Sep 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov
Scrap Iron 385 380.0 180 Iron Ore 154.6 380 160 150.5 139.9 137.4 137.1 375 134.2 132.6 136.3 135.8 370.0 128.1 140 124.0 121.4 370 111.8 114.6 120 365 127.2 360 100 114.8
US$/mt 355.0 100.6 355 80 US$/dmtu 92.7 96.1 92.6 350 82.4 81.0 345.0 60 345 40 340 22 Aug 29 Aug 5 Sep 12 Sep 19 Sep 26 Sep 3 Oct 10 Oct 17 Oct 24 Oct 31 Oct 7 Nov 20 0 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 Scrap Iron/MT (High) Scrap Iron/MT(Low) 2013 2014
Source : 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
MITI Weekly Bulletin | www.miti.gov.my “DRIVING Transformation, POWERING Growth” 485.6 444.7 491.0 HMS (per MT) 345.0 (low) unchanged Scrap Iron
355.0 (high)
2014 2013 ...... Lowest 53.3 (US$ per MT) Coal 4 Jan 2013: 800.0 29 Aug 2014: 693.0 Aug 2014: 693.0 29 (per MT) unchanged Crude Palm Oil US$748.0 per MT US$748.0 per (07 November 2014) (07 November 1.8 2,513.6 1,933.1 2,128.9 2,644.8 Cocoa SMC 2
(per MT)
2014 2013 Highest
5.0
(US$ per MT) 952.5 14 Mar 2014: 982.5 15 Nov 2013: 925.0 1,556.5 2,390.8 1,348.3 Rubber SMR 20 (per MT) 1.4 Raw 324.0 361.6 473.8 647.0 Sugar (per MT) Commodity Prices Commodity 5.3
2014 2013
Lowest 748.0 805.5 Crude 1,000.4 1,124.0 (US$ per bbl) 19 Apr 2013: 88.1 19 07 Nov 2014: 74.4 Palm Oil (per MT) 4.5 74.4 Highest & Lowest Prices, 2013/2014 Prices, Highest & Lowest Crude (per bbl) 80.3 - 112.7
88.1 - 108.6 77.7 - 109.5
Petroleum 2014 2013 Highest i i i (US$ per bbl) Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Ministry of International Trade Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group 6 Sept 2013: 110.2 13 Jun 2014: 107.6 2011 2012 2013 (US$) * Refer to % change from the previous week’s price * Refer to % change from the previous week’s
US$74.4 per bbl US$74.4 Crude Petroleum Crude Petroleum % change* 1. Billets (per MT) : RM1,650 - RM1,700 2. Steel bars (per MT) : RM1,900 - RM2,000 17 November 2014 domestic prices for : (07 November 2014) (07 November 07 Nov 2014 Commodity price in the year except otherwise indicated Average i Notes: All figures have been rounded to the nearest decimal point Notes: MITI Weekly Bulletin / www.miti.gov.my MITI Weekly Source : program kecergasan miti & agensi 15 NOVEMBER 2014 @ FOREST RESEARCH INSTITUTE, MALAYSIA (FRIM) “ DRIVING Transformation, POWERING Growth”
MITI Weekly Bulletin / www.miti.gov.my Name : Maznah Hj. Nurawi Designation : Senior Administrative Assistant Job Description : Responsible for supervising and monitoring of administrative tasks “
in the division DRIVING Division : Strategic Planning Email : [email protected]
Contact Details : 03-62000477 Transformation, POWERING
Name : Asmar Ramli Growth” Designation : Administrative Assistant Job Description : Responsible for assisting and handling of administrative tasks in the division Division : Strategic Planning Email : [email protected] Contact Details : 03-62000475
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