MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur
MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY
Weekly
Weekly BULLETIN BULLETIN
VOLUME 603 VOLUME 603
15 September 2020 | NO. ISSN :2180-0448 15 September 2020 | NO. ISSN :2180-0448
Happy Malaysia Day
16 September
From all of us at MITI & agencies
Mala ysia Sta tistics
INDEX OF INDUSTRIAL PRODUCTION, MALAYSIA JULY 2020
Source: Department of Statistics, Malaysia
Private Final Consumption Expenditure The Industrial Production Index (IPI) returned to positive growth of 1.2 per cent in
July 2020 since February 2020 as compared to the same month of the previous year. The increase of IPI in July 2020 was due to the increment of 2.9 per cent in Manufacturing index. Meanwhile, the index of Mining and Electricity recorded a
deterioration of 3.0 per cent and 5.1 per cent respectively.
MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur
Source: Department of Statistics, Malaysia
Mala ysia Sta tistics
MANUFACTURING STATISTICS, MALAYSIA JULY 2020
Manufacturing sales in July 2020 stood at RM119.3 billion, grew 1.9 per cent as compared to previous year. The rise in sales value in July 2020 was driven by the increase in Food, Beverages & Tobacco Products (24.9%), Transport Equipment & Other Manufactures
Products (14.3%) and Electrical & Electronics Products (8.4%).
PERFORMANCE OF SALES IN MANUFACTURING SECTOR
Source: Department of Statistics, Malaysia
Mala ysia Sta tistics
SALES VALUE OF WHOLESALE & RETAIL TRADE JULY 2020
VOLUME INDEX OF WHOLESALE & RETAIL TRADE PERFORMANCE BY SUB-SECTOR, JULY 2020
Volume index of Wholesale Trade registered 121.5 points, contracted 4.0 per cent as compared to the same month of the previous year. The negative growth was recorded in Other Specialised Wholesale (-14.3%), Wholesale on a Fee or Contract Basis (-7.9%) and Wholesale of Machinery, Equipment & Supplies (-0.9%).
Volume Index of Retail Trade recorded -5.2 per cent growth to 138.8 points as compared to July 2019.
In line with the sales value, the largest decline was depicted in Retail Sale of Cultural & Recreation Goods in Specialised Stores (-11.8%), Retail Sale of Other Goods in Specialised Stores (-11.3%) and Retail Sale of Other Household Equipment in Specialised Stores (-9.1%).
Volume index of Motor Vehicles grew 1.8 per cent year- on-year to reach 116.5 points. The highest increment was contributed by Sale of Motor Vehicles (7.6%) and Sale, Maintenance & Repair of Motorcycles (2.6%).
Sales value of Wholesale & Retail Trade recorded RM108.7 billion in July
2020, contracted 3.5 per cent as compared with the same period last
year. This was the highest sales value during Movement Control Order
due to Covid-19. Motor Vehicles rebounded 1.7 per cent or an increase
of RM0.2 billion. On the other hand, Wholesale Trade and Retail Trade
continued to register a negative growth of -4.5 per cent (-RM2.4 billion)
and -3.5 per cent (-RM1.8 billion) respectively.
MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur
Interna tional R e por t
Covid-19: Shipping Data Hints To Some Recovery In Global Trade
Source: https://unctad.org/en/pages/newsdetails.aspx?OriginalVersionID=2466
The coronavirus pandemic dealt a severe blow to global merchandise trade.
Data from weekly port calls by container ships show early but uneven signs of recovery.
The number of ships pulling into ports to unload and load containers rebounded in many parts of the world in the third quarter of 2020, according to new UNCTAD calculations.
This offers a hopeful sign for world merchandise trade, which suffered a historic year-on-year fall of 27% in the second quarter.
Maritime shipping saw a dramatic slowdown earlier this year as government measures used to curb the COVID-19 pandemic restricted economic activities and travel. By mid-June, the average number of container vessels arriving weekly at ports worldwide had sunk to 8,722, an 8.5% year-on-year drop.
But new data show that, globally, the average weekly calls have started to recover, rising to 9,265 by early August, just 3% below the levels of one year earlier.
Weekly Container Ship Port Calls World And Selected Regions
Source: UNCTAD calculations, based on data provided by MarineTraffic. Includes all vessel arrivals of container b ships of 5000 Gross Tons and above.
Note: Data reports the moving average over four weeks, up to week 31 of 2020 ending on 2 August
Number and FOB Value of PCO as at 6 September 2020 Weekly / Monthly/ Annually
Notes: *Provisional Data
Source: Ministry of International Trade and Industry, Malaysia
0 2,000 4,000 6,000 8,000 10,000 12,000 14,000
22 23 24 25 26 27 28 29 30 31 32 33 34 35 36
2020 Total No of CO
TOTAL BILATERAL TOTAL REGIONAL
0.0 2,000.0 4,000.0 6,000.0 8,000.0 10,000.0 12,000.0 14,000.0 16,000.0 18,000.0 20,000.0
22 23 24 25 26 27 28 29 30 31 32 33 34 35 36
RM mil.
2020 Total FOB (RM mil)
TOTAL BILATERAL TOTAL REGIONAL
0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000
2012 2013 2014 2015 2016 2017 2018 2019 2020
(Jan-Aug) Total No of CO
TOTAL BILATERAL TOTAL REGIONAL
0.0 5,000.0 10,000.0 15,000.0 20,000.0 25,000.0 30,000.0 35,000.0 40,000.0 45,000.0
Jan Feb Mar Apr May June Jul Aug
RM mil.
2020 Total FOB (RM mil)
TOTAL BILATERAL TOTAL REGIONAL 0
10,000 20,000 30,000 40,000 50,000 60,000
Jan Feb Mar Apr May June Jul Aug
2020 Total No of CO
TOTAL BILATERAL TOTAL REGIONAL
0.0 50,000.0 100,000.0 150,000.0 200,000.0 250,000.0 300,000.0 350,000.0 400,000.0 450,000.0
2012 2013 2014 2015 2016 2017 2018 2019 2020
(Jan-Aug)
RM mil.
Total FOB (RM mil)
TOTAL BILATERAL TOTAL REGIONAL
Weekly
Annually
Monthly
MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur
Sale s V alu e
Regional FTA
Number and Value of Preferential Certificates of Origin (PCOs)
Notes:
-The preference giving countries under the GSP scheme are Liechtenstein, the Russian Federation, Japan, Switzerland, Belarus, Kazakhstan and Norway.
-*Provisional Data
Source: Ministry of International Trade and Industry, Malaysia
0 10 20 30 40 50 60 70 80 90
0 2 4 6 8 10 12 14 16 18
21 Jun 28 Jun 5 Jul 12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep No. of Certificate of Origin
RM mil.
Generalised System of Preferences (GSP)
Total FOB (RM mil.) Total CO 0
500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000
0 2,000 4,000 6,000 8,000 10,000 12,000 14,000
21 Jun 28 Jun 5 Jul 12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep No. of Certificate of Origin
RM mil.
ASEAN Trade in Goods Agreement (ATIGA)
Total FOB (RM mil.) Total CO
0 500 1,000 1,500 2,000 2,500 3,000
0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000
21 Jun 28 Jun 5 Jul 12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep No. of Certificate of Origin
RM mil.
ASEAN-China Free Trade Agreement (ACFTA)
Total FOB (RM mil.) Total CO
0 100 200 300 400 500 600 700 800 900 1,000
0 100 200 300 400 500 600 700 800 900
21 Jun 28 Jun 5 Jul 12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep No. of Certificate of Origin
RM mil.
ASEAN-Korea Free Trade Agreement (AKFTA)
Total FOB (RM mil.) Total CO
0 50 100 150 200 250 300
0 10 20 30 40 50 60 70 80 90 100
21 Jun 28 Jun 5 Jul 12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep No. of Certificate of Origin
RM mil.
ASEAN-Japan Comprehensive Economic Partnership (AJCEP)
Total FOB (RM mil.) Total CO
0 100 200 300 400 500 600 700 800
0 200 400 600 800 1,000 1,200
21 Jun 28 Jun 5 Jul 12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep No. of Certificate of Origin
RM mil.
ASEAN-India Free Trade Agreement (AIFTA)
Total FOB (RM mil.) Total CO
0 200 400 600 800 1,000 1,200 1,400
0 1,000 2,000 3,000 4,000 5,000 6,000
21 Jun 28 Jun 5 Jul 12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep No. of Certificate of Origin
RM mil.
ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)
Total FOB (RM mil.) Total CO
0 1 2 3 4 5 6 7
0 1 1 2 2 3
21 Jun 28 Jun 5 Jul 12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep No. of Certificate of Origin
RM mil.
ASEAN-Hong Kong, China Free Trade Agreement (AHKFTA)
Total FOB (RM mil.) Total CO
Number and Value of Preferential Certificates of Origin (PCOs)
Note: *Provisional Data
Number and Value of Preferential Certificates of Origin (PCOs)
0 100 200 300 400 500 600 700 800 900 1,000
0 20 40 60 80 100 120 140 160 180 200
21 Jun 28 Jun 5 Jul 12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep No. of Certificate of Origin
RM mil.
Malaysia-Japan Economic Partnership Agreement (MJEPA)
Total FOB (RM mil.) Total CO
0 50 100 150 200 250 300
0 20 40 60 80 100 120 140 160
21 Jun 28 Jun 5 Jul 12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep No. of Certificate of Origin
RM mil.
Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)
Total FOB (RM mil.) Total CO
0 2 4 6 8 10 12 14
0.00 0.10 0.20 0.30 0.40 0.50 0.60
21 Jun 28 Jun 5 Jul 12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep No. of Certificate of Origin
RM mil.
Malaysia-New Zealand Free Trade Agreement (MNZFTA)
Total FOB (RM mil.) Total CO
0 50 100 150 200 250 300 350 400 450
0 10 20 30 40 50 60
21 Jun 28 Jun 5 Jul 12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep No. of Certificate of Origin
RM mil.
Malaysia-Chile Free Trade Agreement (MCFTA)
Total FOB (RM mil.) Total CO
0 50 100 150 200 250 300 350 400
0 20 40 60 80 100 120 140
21 Jun 28 Jun 5 Jul 12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep No. of Certificate of Origin
RM mil.
Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)
Total FOB (RM mil.) Total CO
0 100 200 300 400 500 600
0 10 20 30 40 50 60 70
21 Jun 28 Jun 5 Jul 12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep No. of Certificate of Origin
RM mil.
Malaysia-Australia Free Trade Agreement (MAFTA)
Total FOB (RM mil.) Total CO
0 50 100 150 200 250 300 350
0 200 400 600 800 1,000 1,200
21 Jun 28 Jun 5 Jul 12 Jul 19 Jul 26 Jul 2 Aug 9 Aug 16 Aug 23 Aug 30 Aug 6 Sep No. of Certificate of Origin
RM mil.
Malaysia-Turkey Free Trade Agreement (MTFTA)
Total FOB (RM mil.) Total CO
MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur
Malaysian Ringgit Exchange Rate with Selected Countries, January 2019 - August 2020
Source : Bank Negara Malaysia
US Dollar
Philippine Peso
Vietnamese Dong
Hong Kong Dollar
Indonesian Rupiah
Indian Rupee
4.1161 4.0746
4.3553
4.1907
4.06 4.11 4.16 4.21 4.26 4.31 4.36 4.41
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2019 2020
RM
USD 1 = RM
7.8498 7.7731
8.6299 8.5864
7.70 7.80 7.90 8.00 8.10 8.20 8.30 8.40 8.50 8.60 8.70
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2019 2020
RM
PHP 100 = RM
0.0177
0.0175
0.0186
0.0181
0.0174 0.0176 0.0178 0.0180 0.0182 0.0184 0.0186 0.0188
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2019 2020
RM
VND 100 = RM
52.4901 51.9208
56.1859
54.0714
51.50 52.00 52.50 53.00 53.50 54.00 54.50 55.00 55.50 56.00 56.50
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2019 2020
RM
HKD 100 = RM
0.0291
0.0276 0.0302
0.0285
0.027 0.028 0.028 0.029 0.029 0.030 0.030 0.031
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2019 2020
RM
IDR 100 = RM
5.8219
5.9949
5.6078
5.50 5.55 5.60 5.65 5.70 5.75 5.80 5.85 5.90 5.95 6.00
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2019 2020
RM
INR 100 = RM
Commodity Prices
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
%*
US$290.0 (low) US$310.0 %*
(high)
11 Sep 2020
0.6%*
US$51.7
3.2%*
US$1,569.8 RUBBER SMR 20 -per MT-
1.2%*
US$1,341.5
COCOA SMC 2 -per MT-
COAL -per MT-
SUGAR -per lbs-
5.6%*
US$12.6
SCRAP IRON HMS -per MT-
Average Price 2019
i: US$1,414.6 Average Price 2019
i: US$1,592.4 Average Price 2019
i: US ¢ 12.4
Average Price 2019
i: US$316.9 (high) Average Price 2019
i: US$291.6(low) Average Price 2019
i: US$56.5
Domestic Prices
11 Sep 2020
Steel Bars
(per MT)
RM2,000 – RM2,130
Billets
(per MT) RM1,850 - RM1,880
11 Sep 2020 11 Sep 2020 11 Sep 2020
11 Sep 2020
6.6%*
US$39.8
CRUDE PETROLEUM (BRENT) -per bbl-
11 Sep 2020
CRUDE PALM OIL -per MT-
1.6%*
US$691.7
11 Sep 2020
17 May 2019 : US$72.2
Highest
2019/2020
03 Jan 2020 : US$68.6
24 Apr 2020 : US$21.4 09 Aug 2019 : US$54.5
Lowest 2019/2020
27 Dec 2019 : US$794.5
Highest
2019/2020
10 Jan 2020 : US$761.9
8 May 2020 : US$473.0 26 Jul 2019 : US$488.5
Lowest
2019/2020
Average Price 2019
i: US$64.2 Average Price 2019
i: US$557.1
MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur
Commodity Price Trends
MITI Tower, No.7, Jalan Sultan Haji ahmad Shah . 50480 Kuala Lumpur
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
1,607.1
1,312.1 1,271.1
1,247.2 1,260.4 1,349.4
1,554.5
1,481.3 1,484.3 1,491.2 1,621.5
1,569.8
1,200 1,250 1,300 1,350 1,400 1,450 1,500 1,550 1,600 1,650 1,700
26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 30 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 2020
US$/mt
Cocoa
1,151.0 1,173.5
1,191.01,183.5 1,198.5
1,256.5 1,323.5
1,301.5 1,320.5
1,356.0 1,357.5 1,341.5
1,090 1,140 1,190 1,240 1,290 1,340 1,390
26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 30 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 2020
US$/mt
Rubber SMR 20
38.5
40.7 40.6 40.6 41.3 39.9
41.2 42.0 42.343.0 39.8
37.3 41.0
43.1 43.2 43.1 43.3 42.9
44.4 44.8
44.4 45.1
42.7
39.8
30 32 34 36 38 40 42 44 46
26 Jun 2 Jul 10 Jul 17 Jul 24 Jul 30 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 2020
US$/bbl
Crude Petroleum
Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl 11.6
12.2
11.8 11.7 11.5
12.5 12.7
13.1 12.8
12.6
11.9 12.6
11.0 11.5 12.0 12.5 13.0 13.5
26 Jun 2 Jul 10 Jul 17 Jul 24 Jul 30 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 2020
US¢/lbs
Sugar
575.2
563.1 573.0 616.0
655.4 641.0
679.8
662.5 666.9 676.6 703.2
691.7
500 550 600 650 700 750
26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 30 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 2020
US$/mt
Crude Palm Oil
1,909 2,057
2,194
2,270 2,273
2,3622,387 2,384 2,399 2,400 2,416 2,410
1,650.0 1,750.0 1,850.0 1,950.0 2,050.0 2,150.0 2,250.0 2,350.0 2,450.0 2,550.0
26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 30 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 2020
US$/mt
Pepper
Commodity Price Trends
18.0 18.3 19.1 19.8
22.9 23.4 27.5
26.1 26.7 27.6 26.7 26.9
14.0 16.0 18.0 20.0 22.0 24.0 26.0 28.0 30.0
26 Jun 2 Jul 10 Jul 17 Jul 24 Jul 30 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 2020
US$/oz
Silver
56.2 57.2
58.0 58.1 61.2
62.9 65.3
62.5 61.9
62.9 61.9
62.6
52.0 54.0 56.0 58.0 60.0 62.0 64.0 66.0
26 Jun 2 Jul 10 Jul 17 Jul 24 Jul 30 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 2020
US$/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.
2,082 2,052 2,026 2,030
1,939 1,920 1,854 1,863 1,871 1,845 1,781 1,756 1,
797 1,741 1,754 1,726 1,775 1,771 1,773 1,688 1,611 1,460 1,466 1,569 1,644 1,737
1,300 1,400 1,500 1,600 1,700 1,800 1,900 2,000 2,100 2,200
Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun Jul Aug
2018 2019 2020
US$/ tonne
Aluminium
6,251 6,051 6,051 6,220 6,196 6,075 5,939 6,300 6,439 6,438 6,018 5,882 5,941 5,709 5,759 5,757 5,860 6,077 6,031 5,688 5,183 5,058 5,240 5,755 6,372 6,499
4,000 4,500 5,000 5,500 6,000 6,500 7,000
Jul Aug Sep Oct
Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Nov Dec
Jan Feb Mar Apr May Jun Jul Aug
2018 2019 2020
US$/ tonne
Copper
13,794 13,411 12,510 12,315 11,240 10,835 11,523 12,685 13,026 12,773 12,016 11,944 13,546 15,749 17,657 17,046 15,172 13,829 13,507 12,716 11,846 11,804 12,180 12,
727 13,
402 14,538
7,000 9,000 11,000 13,000 15,000 17,000 19,000
Jul Aug Sep Oct
Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Nov Dec
Jan Feb Mar Apr May Jun Jul Aug
2018 2019 2020
US$/ tonne
Nickel
64.56 67.15 68.44 73.41 73.26 69.15 76.16 88.22 86.47 93.70 100.15 108.94120.24 93.07 93.08 88.53 84.98 92.65 95.76 87.68 88.99 84.73 93.65 103.30 108.52 121.07 50.0
60.0 70.0 80.0 90.0 100.0 110.0 120.0 130.0
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
2018 2019 2020
US$/dmtu
Iron Ore
809.9
831.6845.9 849.6 956.0
912.6 970.4
959.1 926.1940.0
898.2 939.6
700.0 750.0 800.0 850.0 900.0 950.0 1,000.0
26 Jun 2 Jul 10 Jul 17 Jul 24 Jul 30 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 2020
US$/oz
Platinum
280.0 270.0 270.0
285.0 285.0 300.0
310.0 310.0 310.0 310.0 310.0 310.0
250.0 240.0 240.0
255.0 255.0 270.0
290.0 290.0 290.0 290.0 290.0 290.0
230 240 250 260 270 280 290 300 310 320
26 Jun 2 Jul 10 Jul 17 Jul 24 Jul 30 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 2020
US$/mt
Scrap Iron
Scrap Iron/MT (High) Scrap Iron/MT(Low)45.5 51.1
48.7 49.3 49.6 49.9 50.8
49.3 48.7 49.0 51.4 51.7
40 42 44 46 48 50 52 54
26 Jun 2 Jul 10 Jul 17 Jul 24 Jul 30 Jul 7 Aug 14 Aug 21 Aug 28 Aug 4 Sep 11 Sep 2020
US$/t
Coal
MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur
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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur
MEDIA RELEASE
INITIATION OF SAFEGUARD INVESTIGATION WITH REGARD TO CERAMIC FLOOR AND WALL TILES
PRODUCTS IMPORTED INTO MALAYSIA
On 16 July 2020, the Government of Malaysia received a petition from the Federation of Malaysian Manufacturers - Malaysian Ceramic Industry Group representing the domestic industry requesting for a global safeguard investigation on imports of ceramic floor and wall tiles products into Malaysia. The Petitioner alleged that the increase in imports of ceramic floor and wall tiles products in absolute terms and relative to domestic production from 2017 to 2019 have caused serious injury to the domestic industry in Malaysia producing the like products.
The Government has decided that there is sufficient evidence of serious injury caused by increased imports to initiate a safeguard investigation on imports of ceramic floor and wall tiles products into Malaysia commencing on 13 September 2020.
In accordance with the Safeguards Act 2006 and its related Regulations, a preliminary determination will be made within 120 days from the date of initiation. If the preliminary determination is affirmative, the Government will impose a provisional safeguard duty at the rate that is necessary to reduce the effects of serious injury to the domestic industry caused by the imports.
In connection with this investigation, Ministry of International Trade and Industry (MITI) will provide a set of questionnaires to interested parties such as importers, foreign producers, exporters and associations. Other interested parties may request for the questionnaires in writing to MITI no later than 28 September 2020. Interested parties may also provide views and additional evidence to MITI by 13 October 2020 to support this investigation. In the event no additional information is received within the specified period, the Government will make its preliminary determination based on available facts and information.
Request for questionnaires and further enquiries concerning this investigation can be directed to: Director
Trade Practices Section
Ministry of International Trade and Industry (MITI) Level 9, Menara MITI
No. 7, Jalan Sultan Haji Ahmad Shah 50480 Kuala Lumpur
MALAYSIA
Telephone Number: (603) 6208 4632/ 4660/ 4639/ 4647 Facsimile Number : (603) 6211 4429
E-mail address : [email protected]
Announcements We are doing things differently in today's world. MITI, through our agency,
MATRADE HQ, is organising a virtual exhibition, the first-of-its-kind in
Malaysia, called #MyAPEC2020 Exhibition, in conjunction with Malaysia
hosting the @APEC 2020. The virtual exhibition, scheduled for Sept 1
to Dec 31, will showcase products and services from Malaysia and other
APEC - Asia-Pacific Economic Cooperation member economies. The
virtual exhibition is a great platform for APEC economies to expand their
outreach and can be accessed through myapec2020.matrade.gov.my or
the APEC portal and Matrade website.
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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur