PDF Trade Performance for May 2021 and The Period of January- May 2021

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MITI Tower, No.7, Jalan Sultan Haji Ahmad Shah . 50480 Kuala Lumpur

MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY

Weekly

Weekly BULLETIN BULLETIN

VOLUME 644 VOLUME 644

29 June 2021 | NO. ISSN :2180-0448 29 June 2021 | NO. ISSN :2180-0448

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TRADE PERFORMANCE FOR MAY 2021 AND THE PERIOD OF TRADE PERFORMANCE FOR MAY 2021 AND THE PERIOD OF

JANUARY- MAY 2021 JANUARY- MAY 2021

The Highest Trade, Exports and Imports Recorded for the Month of May Malaysia’s trade performance maintained its upward trend in May 2021 with trade expanding by 48.7% to RM170.88 billion compared to May 2020. Exports surged by 47.3%

to RM92.31 billion, the ninth consecutive month of year-on-year (y-o-y) expansion since September 2020. Imports rose by 50.3% to RM78.57 billion and trade surplus expanded by 32.3% to RM13.74 billion. Trade, exports and imports recorded the highest monthly value for the month of May and registered double-digit growth for four consecutive months.

The export growth was contributed mainly by robust demand for electrical and electronic (E&E) products mainly semiconductors due to the increasing orders for work-from-home equipment and digitalisation of businesses, rubber products as well as petroleum products. All major markets namely ASEAN, China, the United States (US), the European Union (EU) and Japan registered positive export growth. On a month-on- month (m-o-m) basis, trade, exports, imports and trade surplus contracted by 10.4%, 12.6%, 7.8% and 32.5%, respectively.

Trade for the first five months of 2021 grew by 26% to RM867.4 billion, compared to the same period of 2020. Exports rose by 31.1% to RM480.09 billion and imports increased by 20.1% to RM387.31 billion. Trade surplus surged by 112.2% to RM92.79 billion.

Export Performance of Major Sectors

Robust Export Performance Recorded in All Sectors

In May 2021, exports of all three sectors recorded double-digit growth with almost all products registered increases. Exports of manufactured goods which accounted for 85.4% of total exports, surged by 45.4% y-o-y to RM78.83 billion and was the sixth consecutive month of double-digit growth. All manufactured products recorded positive growth while strong demand were seen for E&E products, rubber products, petroleum products, manufactures of metal as well as chemicals and chemical products, with exports expanding more than RM1 billion, respectively.

Exports of agriculture goods (8.1% share) grew by 51.7% to RM7.49 billion compared to May 2020 driven mainly by higher exports of palm oil and palm oil-based agriculture products. Exports of mining goods (6.1% share) registered double-digit growth for two straight months to reach RM5.66 billion, surged by 76% y-o-y. This was the fastest export growth recorded since October 2011. The expansion was underpinned by higher exports of crude petroleum and liquefied natural gas (LNG). Exports of LNG picked up by 45.2%

to RM2.98 billion after registering negative growth since March 2020.

Major exports in May 2021:

 E&E products, valued at RM31.56 billion and constituted 34.2% of total exports, increased by 34.3% from May 2020;

 Petroleum products, RM6.9 billion, 7.5% of total exports, increased by 75.1%;

 Rubber products, RM6.31 billion, 6.8% of total exports, surged by 133.2%;

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TRADE PERFORMANCE FOR MAY 2021 AND THE PERIOD OF TRADE PERFORMANCE FOR MAY 2021 AND THE PERIOD OF

JANUARY- MAY 2021 JANUARY- MAY 2021

 Palm oil and palm oil-based agriculture products, RM5.78 billion, 6.3% of total exports, increased by 60.5%; and

 Chemicals and chemical products, RM5.25 billion, 5.7% of total exports, increased by 42.5%.

Compared to April 2021, exports of manufactured, agriculture and mining goods were down by 14%, 4.6% and 0.2%, respectively.

For the period of January to May 2021, exports of manufactured goods expanded by 34.3% to RM418.03 billion compared to the same period of 2020, due to higher exports of E&E products, rubber products, manufactures of metal, chemicals and chemical products, machinery, equipment and parts as well as petroleum products.Exports of agriculture goods was up by 31.8% to RM33.51 billion following higher exports of palm oil and palm oil-based agriculture products. Exports of mining goods was valued at RM26.69 billion, contracted by 2.8% as a result of lower exports of LNG.

Trade Performance with Major Markets

ASEAN – Double-Digit Growth in Trade, Exports and Imports

In May 2021, trade with ASEAN grew by 54.2% y-o-y to RM43.33 billion, accounted for 25.4% of Malaysia’s total trade. Exports sustained double-digit growth since February 2021, increasing by 49.4% to RM25.66 billion. The expansion was contributed by higher exports of E&E products, petroleum products as well as crude petroleum. Imports from ASEAN increased by 61.8% to RM17.67 billion.

Breakdown of exports to ASEAN countries:

 Singapore RM13.02 billion, increased by 46.2%

 Thailand RM4.07 billion, ↑29.6%

 Viet Nam RM3.30 billion, ↑53%

 Indonesia RM2.96 billion, ↑106%

 Philippines RM1.72 billion, ↑85.6%

 Brunei RM363.2 million, ↑93.8%

 Cambodia RM134.2 million, ↑15.6%

 Myanmar RM88.2 million, ↓71.6%

 Lao PDR RM5.8 million, ↓1.2%

Exports to major markets in ASEAN that recorded expansion were Singapore which increased by RM4.12 billion due to higher exports of E&E products, Thailand (↑RM930.4 million, crude petroleum), Viet Nam (↑RM1.14 billion, E&E products), Indonesia (↑RM1.52 billion, petroleum products) and the Philippines (↑RM795 million, palm oil and palm oil- based agriculture products). Compared to April 2021, trade, exports and imports declined by 13%, 15.9% and 8.6%, respectively.

In the first five months of 2021, trade with ASEAN expanded by 29.5% to RM224.94 billion compared to the same period of 2020. Exports to this region rose by 27% to RM134.88 billion buoyed by higher exports of E&E products, chemicals and chemical products, machinery, equipment and parts as well as manufactures of metal. Imports from ASEAN expanded by 33.4% to RM90.06 billion.

China – Double-Digit Export Growth for Seventh Consecutive Month

In May 2021, trade with China rose by 40.8% y-o-y to RM33.44 billion, accounting for 19.6% of Malaysia’s total trade. Exports to China recorded the seventh consecutive month of double-digit growth, rose by 17.7% to RM13.87 billion. This was contributed by higher exports of E&E products, LNG, other manufactures especially solid-state storage devices (SSD) as well as chemicals and chemical products. Imports from China grew by 63.6% to

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TRADE PERFORMANCE FOR MAY 2021 AND THE PERIOD OF TRADE PERFORMANCE FOR MAY 2021 AND THE PERIOD OF

JANUARY- MAY 2021 JANUARY- MAY 2021

RM19.57 billion. On a m-o-m basis, trade, exports and imports recorded negative growth of 6.1%, 10.2% and 3%, respectively.

Trade with China during the period of January to May 2021 expanded by 34.1% to RM161.6 billion compared to the same period of 2020. Exports rose by 30.5% to RM71.31 billion attributed to higher exports of E&E products, manufactures of metal as well as LNG.

Imports from China increased by 37.2% to RM90.28 billion.

The US – Exports Maintained Double-Digit Growth

Trade with the US in May 2021 increased by 34.3% y-o-y to RM16.46 billion, constituting 9.6% of Malaysia’s total trade. Exports rose by 46.5% to RM10.39 billion following higher shipments of manufactured goods especially rubber products, E&E products, optical and scientific equipment, machinery, equipment and parts as well as wood products. This was the 12th consecutive month of double-digit growth since June 2020. Imports from the US expanded by 17.6% to RM6.07 billion. Compared to April 2021, trade, exports and imports edged down by 9.9%, 14.5% and 0.8%, respectively.

During the first five months of 2021, trade with the US rose by 29.2% to RM83.96 billion compared to the same period of 2020. Exports surged by 51.5% to RM55.15 billion owing to higher exports of rubber products, E&E products, wood products as well as optical and scientific equipment. Imports from the US was up by 0.8% to RM28.81 billion.

The EU – Six Consecutive Months of Double-Digit Export Growth

Trade with the EU which accounted for 7.8% of Malaysia’s total trade in May 2021 expanded by 33.9% y-o-y to RM13.4 billion. Exports recorded six consecutive months of double-digit expansion, increased by 33.5% to RM7.5 billion driven by higher exports of rubber products, E&E products and manufactures of metal. Imports from the EU rose by 34.4% to RM5.9 billion.

Breakdown of exports to the top 10 EU markets which accounted for 90.7% of Malaysia’s total exports to the EU were:

 Netherlands RM2.35 billion, increased by 46.6%

 Germany RM2.04 billion, ↑25.3%

 Italy RM485.8 million, ↑40.6%

 Belgium RM409.4 million, ↑55.7%

 France RM358.3 million, ↑0.4%

 Spain RM350.2 million, ↑18.8%

 Slovenia RM240.0 million, ↑175.6%

 Poland RM236.2 million, ↑58%

 Czech Republic RM168.1 million, ↓4.8%

 Sweden RM167.0 million, ↑103.3%

Exports to the EU major markets that recorded growth notably the Netherlands, which increased by RM745 million due to higher exports of E&E products and Germany, expanded by RM412.3 million attributed to growing demand for rubber products. On a month-on-month basis, trade, exports and imports were down by 10%, 15.2% and 2.4%, respectively.

During January to May 2021, trade with the EU expanded by 27.4% to RM70.47 billion from the same period of 2020. Exports grew by 35.1% to RM41.95 billion supported by higher exports of rubber products and E&E products. Imports from the EU increased by 17.6% to RM28.52 billion.

Japan – Fourth Consecutive Month of Export Expansion

In May 2021, trade with Japan which comprised 6.9% of Malaysia’s total trade increased by 47.7% y-o-y to RM11.78 billion. Exports surged by 52.6% to RM6.12 billion, the fourth straight month of expansion since February 2021. This was buoyed by higher exports of

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KEMENTERIAN PERDAGANGAN ANTARABANGSA DAN INDUSTRI 28 JUN 2021

TRADE PERFORMANCE FOR MAY 2021 AND THE PERIOD OF TRADE PERFORMANCE FOR MAY 2021 AND THE PERIOD OF

JANUARY- MAY 2021 JANUARY- MAY 2021

E&E products, LNG, manufactures of metal and rubber products.Exports of LNG rebounded by 64.3% to RM1.38 billion after registering negative growth since January 2021. Imports from Japan grew by 42.7% to RM5.66 billion. On a m-o-m basis, trade, exports and imports decreased by 11%, 1.4% and 19.4%, respectively.

For the period of January to May 2021, trade with Japan was up by 24% to RM61.86 billion compared to the same period of 2020. Exports rose by 20.6% to RM31.28 billion on account of higher exports of E&E products, rubber products and manufactures of metal. Imports from Japan expanded by 27.7% to RM30.58 billion.

Trade with FTA Partners

In May 2021, trade with Free Trade Agreement (FTA) partners which made up 67.8% of Malaysia’s total trade increased by 51.8% y-o-y to RM115.8 billion. Exports to FTA partners rose by 46.6% to RM62.67 billion and imports expanded by 58.5% to RM53.13 billion.

Increase in exports was recorded to Hong Kong SAR, by 20.6% to RM4.99 billion due to higher exports of E&E products, India (↑405.3% to RM3.77 billion, palm oil and palm oil- based agriculture products), Australia (↑102.7% to RM3.21 billion, petroleum products), the Republic of Korea (↑33.6% to RM3.14 billion, iron and steel products), Turkey (↑139.6% to RM1.2 billion, manufactures of metal), Pakistan (↑53.7% to RM406.4 million, chemicals and chemical products), New Zealand (↑54.7% to RM230.7 million, E&E products) and Chile (↑91.7% to RM82.3 million, rubber products). Compared to April 2021, trade, exports and imports reduced by 9%, 10.5% and 7.2%, respectively.

Trade with FTA partners for the first five months of 2021 which accounted for 67.1% of Malaysia’s total trade rose by 26.2% to RM582.03 billion compared to the same period of 2020. Exports expanded by 27.4% to RM321.28 billion and imports grew by 24.6% to RM260.75 billion.

Import Performance

Total imports in May 2021 expanded by 50.3% y-o-y to RM78.57 billion from May 2020. The three main categories of imports by end use which accounted for 80.2% of total imports were:

 Intermediate goods, valued at RM46.93 billion or 59.7% of total imports, increased by 52.4%, following higher imports of processed industrial supplies particularly iron and steel;

 Capital goods, valued at RM8.92 billion or 11.4% of total imports, grew by 34%, due mainly to higher imports of capital goods (except transport

equipment), primarily parts of machinery and mechanical appliances; and  Consumption goods, valued at RM7.14 billion or 9.1% of total imports, rose by 37.8%, as a result of higher imports of durables, especially jewellery.

During January to May 2021, imports increased by 20.1% to RM387.31 billion from the same period of 2020. Imports of intermediate goods grew by 22.7% to RM214.82 billion, capital goods (RM41.4 billion, ↑5.9%) and consumption goods (RM34.26 billion, ↑19%).

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EXTERNAL TRADE, MAY 2021 EXTERNAL TRADE, MAY 2021

Mala ysia Sta tistics

Malaysia’s trade performance maintained its upward trend

in May 2021 with trade expanding by 48.7% to RM170.88 billion

compared to May 2020. Exports surged by 47.3% to RM92.31 billion,

the ninth consecutive month of year-on-year (y-o-y) expansion

since September 2020. Imports rose by 50.3% to RM78.57 billion and

trade surplus expanded by 32.3% to RM13.74 billion. Trade, exports

and imports recorded the highest monthly value for the month

of May and registered double-digit growth for four consecutive

months.

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LEADING INDEX, APRIL 2021 LEADING INDEX, APRIL 2021

Mala ysia Sta tistics

In April 2021, Malaysia’s Leading Index (LI) remained to register a

double-digit growth at 15.7 per cent to record an index of 111.8 points

after a surge of 17.2 per cent in the previous month (March 2021: 113.2

points). The improvement was supported by positive contributions of

all LI components and influenced primarily by the low base effect from

the previous year (April 2020: 96.6 points). Meanwhile, the LI decreased

by 1.2 per cent for month -on-month performance. The growth rate

of smoothed LI which is used to predict the direction of economic

movements in the near future remained positive. The LI anticipates

favourable economic performance if pandemic eases.

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CPI, MAY 2021 CPI, MAY 2021

Mala ysia Sta tistics

Consumer Price Index (CPI) increased 4.4 per cent in May 2021 to 123.1 as against 117.9 in the same month of the preceding year. The increase in the overall CPI was due to the lower base effect last year which recorded a significant increase mainly by the group of Transport (26.0%); Housing, Water, Electricity, Gas &

Other Fuels (3.2%); Furnishings, Household Equipment & Routine

Household Maintenance (2.1%) and Food & Non-Alcoholic

Beverages (1.5%).

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Source: https://www.trademap.org/index.aspx

Interna tional Mer chandise T rade

In 2020, Malaysia’s export of Palmitic acid, stearic acid, their salts and esters recorded US$ 164.7 million which was 18.8% share of the world exports.

WORLD LARGEST EXPORTER OF PALMITIC ACID, STEARIC WORLD LARGEST EXPORTER OF PALMITIC ACID, STEARIC

ACID, THEIR SALTS AND ESTERS ACID, THEIR SALTS AND ESTERS

MALAYSIA’S TOP EXPORT DESTINATION MALAYSIA’S TOP EXPORT DESTINATION

Notes:

-HS291570

-% refer to share in world exports

1

2

3 4 5

MALAYSIA | US$ 164.7m | 18.8%

INDIA | US$ 135.4m | 15.4%

INDONESIA | US$ 134.3m | 15.3%

SINGAPORE US$ 81.7m | 9.3%

ITALY US$ 69.9m | 7.9%

USA 1

US$ 38.30m

JAPAN 2

US$ 16.74m

CANADA 3

US$ 11.04m

P.R.China 4

US$ 10.94m

R.O.Korea 5

US$ 7.02m

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Interna tional R e por t

Source: http://unctad.org/

FDI INFLOWS, TOP 20 HOST ECONOMIES, 2019 AND 2020 (

FDI INFLOWS, TOP 20 HOST ECONOMIES, 2019 AND 2020 (USD BILLIONS)USD BILLIONS)

WORLD FDI, 2019 & 2020 WORLD FDI, 2019 & 2020

FDI OUTFLOWS, TOP 20 HOME ECONOMIES, 2019 AND 2020 (USD BILLIONS) FDI OUTFLOWS, TOP 20 HOME ECONOMIES, 2019 AND 2020 (USD BILLIONS)

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Number of PCO as at 20 June 2021 Weekly / Monthly/ Annually

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000

4 Apr 11 Apr 18 Apr 25 Apr 2 May 9 May 16 May 23 May 30 May 6 Jun 13 Jun 20 Jun 2021

No. of Certificate of Origin

Total CO by Scheme

AANZFTA AIFTA AJCEP ATIGA ACFTA AKFTA MICECA MNZFTA

MCFTA MAFTA MJEPA MPCEPA GSP MTFTA AHKFTA

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000

14 15 16 17 18 19 20 21 22 23 24 25

2021 Total No of CO

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

Total No of CO

TOTAL BILATERAL TOTAL REGIONAL 0

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

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

2020 2021

Total No of CO

TOTAL BILATERAL TOTAL REGIONAL

Weekly

Annually Monthly

Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia

Weekly Total

Scheme

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Regional FTA

Number of Preferential Certificates of Origin (PCOs)

0 10 20 30 40 50 60

4 Apr 11 Apr 18 Apr 25 Apr 2 May 9 May 16 May 23 May 30 May 6 Jun 13 Jun 20 Jun

2021

Generalised System of Preferences (GSP)

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

0 1,000 2,000 3,000 4,000 5,000 6,000

2021

ASEAN Trade in Goods Agreement (ATIGA)

0 500 1,000 1,500 2,000 2,500 3,000

2021

ASEAN-China Free Trade Agreement (ACFTA)

0 100 200 300 400 500 600 700 800 900 1,000

2021

ASEAN-Korea Free Trade Agreement (AKFTA)

0 50 100 150 200 250 300 350

2021

ASEAN-Japan Comprehensive Economic Partnership (AJCEP)

0 100 200 300 400 500 600 700 800 900 1,000

2021

ASEAN-India Free Trade Agreement (AIFTA)

0 200 400 600 800 1,000 1,200

2021

ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)

0 1 2 3 4 5 6 7 8 9

2021

ASEAN-Hong Kong, China Free Trade Agreement (AHKFTA)

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Bilateral FTA

Number of Preferential Certificates of Origin (PCOs)

0 100 200 300 400 500 600 700 800 900 1,000

2021

Malaysia-Japan Economic Partnership Agreement (MJEPA)

0 50 100 150 200 250

2021

Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)

0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00

2021

Malaysia-New Zealand Free Trade Agreement (MNZFTA)

0 10 20 30 40 50 60 70 80 90 100

2021

Malaysia-Chile Free Trade Agreement (MCFTA)

0 50 100 150 200 250 300 350 400

2021

Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)

0 50 100 150 200 250 300 350 400 450 500

2021

Malaysia-Australia Free Trade Agreement (MAFTA)

0 50 100 150 200 250 300 350 400

2021

Malaysia-Turkey Free Trade Agreement (MTFTA)

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Malaysian Ringgit Exchange Rate with Selected Countries, January 2020 - May 2021

Source : Bank Negara Malaysia

US Dollar

Pakistani Rupee

Egyptian Pound

Cambodian Riel

Nepalese Rupee

United Arab Emirates Dirham

4.0797

4.3553

4.0369

4.1275

4.01 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

2020 2021

RM

USD 1 = RM

2.6369

2.7159

2.4913

2.6942

2.40 2.45 2.50 2.55 2.60 2.65 2.70 2.75

2020 2021

RM

PKR 100 = RM

0.2566

0.2764

0.2633

0.250 0.255 0.260 0.265 0.270 0.275 0.280

2020 2021

RM

EGP 1 = RM

0.1007

0.1078

0.0990

0.1013

0.097 0.099 0.101 0.103 0.105 0.107 0.109

2020 2021

RM

KHR 100 = RM

3.5765 3.6399

3.4412

3.5202

3.40 3.45 3.50 3.55 3.60 3.65 3.70

2020 2021

RM

NPR 100 = RM

111.0669

118.5729

109.9021

112.3703

109.5 110.5 111.5 112.5 113.5 114.5 115.5 116.5 117.5 118.5 119.5

2020 2021

RM

AED 100 = RM

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0.7%*

US$108.5

SUGAR -per lbs-

3.9%*

US$17.3

3.3%*

US$1,674.5

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.

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$529.0 (low) US$534.0

%*

(high)

25 June 2021 1.6%*

US$1,431.0 RUBBER SMR 20 -per MT- COCOA SMC 2 -per MT-

COAL -per MT- SCRAP IRON HMS -per MT-

Average Price 2020 ⁱ: US$1,333.4 Average Price 2020 ⁱ: US$1,576.6 Average Price 2020 ⁱ: US¢12.9

Average Price 2020 ⁱ: US$307.9 (high) Average Price 2020 ⁱ: US$284.7 (low) Average Price 2020 ⁱ: US$47.7

Domestic Prices

25 June 2021

Steel Bars

(per MT)

RM3,100 – RM3,250

Billets

(per MT) RM2,698- RM2,801

25June 2021 25 June 2021 25 June 2021

25 June 2021

3.6%*

US$76.2

CRUDE PETROLEUM (BRENT) -per bbl-

25 June 2021

CRUDE PALM OIL -per MT-

4.6%*

US$883.8

25 June 2021

03 Jan 2020 : US$68.6

Highest

2020/2021

25 Jun 2021 : US$76.2

15 Jan 2021 : US$55.1 24 Apr 2020 : US$21.4

Lowest 2020/2021

24 Dec 2020 : US$944.2

Highest

2020/2021

7 May 2021 : US$1,156.0

18 Jun 2021 : US$844.6 8 May 2020 : US$473.0

Lowest 2020/2021 Average Price 2020 ⁱ: US$43.5 Average Price 2020ⁱ: US$668.3

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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.

1,456.9

1,435.7 1,453.2

1,461.8

1,415.0

1,470.6 1,472.4 1,468.5 1,471.7 1,472.2 1,454.8

1,431.0

1,350 1,370 1,390 1,410 1,430 1,450 1,470 1,490 1,510 1,530 1,550

9 Apr 16 Apr 23 Apr 30 Apr 7 May 12 May 21 May 28 May 4 Jun 11 Jun 18 Jun 25 Jun 2021

US$/mt

Cocoa

1,626.0 1,638.5

1,666.5 1,690.0

1,762.0

1,710.0

1,685.0 1,711.5

1,680.0

1,633.5 1,621.5

1,674.5

1,550 1,600 1,650 1,700 1,750 1,800 1,850

US$/mt

Rubber SMR 20

59.3

63.5 62.1 63.6 64.9 66.1 63.6

66.3

69.6 70.9 71.6 74.1

63.0

66.6 66.1 67.3 68.3 69.3 66.4

69.6

71.9 72.7 73.5 76.2

40.0 45.0 50.0 55.0 60.0 65.0 70.0 75.0 80.0

US$/bbl

Crude Petroleum

Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl 15.4

16.6 16.9 17.0

17.5 17.8

16.7 17.4

17.7 17.7

16.7 17.3

14.0 14.5 15.0 15.5 16.0 16.5 17.0 17.5 18.0 18.5

US¢/lbs

Sugar

1,032.5 1,019.5

1,077.1 1,072.0

1,156.0 1,149.7

1,070.2 1,039.0

1,026.2

971.8

844.6 883.8

820 870 920 970 1,020 1,070 1,120 1,170

US$/mt

Crude Palm Oil

2,976 3,220

3,285 3,2973,334 3,344

3,444 3,449 3,457

3,484 3,525 3,511

2,700.0 2,800.0 2,900.0 3,000.0 3,100.0 3,200.0 3,300.0 3,400.0 3,500.0 3,600.0

US$/mt

Pepper

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25.3 26.1 26.1

25.9 27.5

27.2 27.5

28.0 27.928.1

26.0 26.1

24.0 24.5 25.0 25.5 26.0 26.5 27.0 27.5 28.0 28.5

US$/oz

Silver

56.0 57.1 57.3

56.8 59.1 58.9

60.3 61.1

60.8 60.5

57.0 57.4

54.0 55.0 56.0 57.0 58.0 59.0 60.0 61.0 62.0

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.

1,773 1,688 1,611 1,460 1,466 1,569 1,644 1,737 1,744 1,806 1,935 2,015 2,004 2,079 2,190 2,319 2,434

1,300 1,500 1,700 1,900 2,100 2,300 2,500

2020 2021

US$/ tonne

Aluminium

6,031 5,688 5,183 5,058 5,240 5,755 6,372 6,499 6,705 6,714 7,069 7,772 7,972 8,471 8,988 9,325 10,162

4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000

2020 2021

US$/ tonne

Copper

13,507 12,716 11,846 11,804 12,180 12,727 13,402 14,538 14,857 15,239 15,808 16,823 17,863 18,584 16,407 16,521 17,577

7,000 9,000 11,000 13,000 15,000 17,000 19,000 21,000

2020 2021

US$/ tonne

Nickel

Commodity Price Trends

95.76 87.68 88.99 84.73 93.65 103.30 108.52 121.07 123.75 119.78 124.36 155.43 169.63 163.80 168.18 179.83 207.72

50.0 70.0 90.0 110.0 130.0 150.0 170.0 190.0 210.0 230.0

2020 2021

US$/dmtu

Iron Ore

1,209.3 1,208.7 1,233.1

1,205.2 1,254.5 1,255.9

1,169.4 1,182.4 1,164.4

1,151.1

1,041.0 1,103.6

1,000.0 1,050.0 1,100.0 1,150.0 1,200.0 1,250.0 1,300.0

US$/oz

Platinum

440.0 440.0 460.0 460.0

520.0 520.0 540.0

530.0 520.0

534.0 534.0 534.0

430.0 426.0 450.0 450.0

500.0 500.0 537.0

500.0 498.0

529.0 529.0 529.0

390.0 410.0 430.0 450.0 470.0 490.0 510.0 530.0 550.0 570.0 590.0

US$/mt

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

67.6

71.6 71.8 71.9 82.5

85.9 85.2 85.8 101.3

110.0 107.8 108.5

63.0 68.0 73.0 78.0 83.0 88.0 93.0 98.0 103.0 108.0 113.0

US$/t

Coal

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For more information, kindly click the following links:

https://www.miti.gov.my/index.php/pages/view/industry4WRD?mid=559#tab_547_2202

ALL Y OU NEED T O KNO W

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https://www.miti.gov.my/index.php/pages/view/industry4WRD

ALL Y OU NEED T O KNO W

(19)

ALL Y OU NEED T O KNO W

NATIONAL RECOVERY PLAN (PPN) NATIONAL RECOVERY PLAN (PPN)

1. 1. PPN MEDIA RELEASE PPN MEDIA RELEASE

5. SOP 5. SOP

^ss

6. FAQ & ENQUIRY 6. FAQ & ENQUIRY

4. REGISTRATION FOR BUSINESS OPERATION 4. REGISTRATION FOR BUSINESS OPERATION

3. ALL THE CONTACTS YOU NEED 3. ALL THE CONTACTS YOU NEED 2.

2. PPN INFO : STAGE & PARAMETER PPN INFO : STAGE & PARAMETER

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BUSINESS DURING PHASE 1 NATIONAL RECOVERY BUSINESS DURING PHASE 1 NATIONAL RECOVERY

PLN (PPN) PLN (PPN)

ALL Y OU NEED T O KNO W

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ALL Y OU NEED T O KNO W

5. FAQ 5. FAQ

3. REGISTRATION 3. REGISTRATION

4. LIST OF PIKAS PPV 4. LIST OF PIKAS PPV 2. TERMS AND CONDITIONS 2. TERMS AND CONDITIONS

PIKAS PIKAS

(PROGRAM IMMUNISASI KERJASAMA AWAM DAN SWASTA) (PROGRAM IMMUNISASI KERJASAMA AWAM DAN SWASTA)

1. PIKAS MEDIA RELEASE

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Announcements

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SAFE@WORK SAFE@WORK

Announcements

(24)

Announcements

https://www.myapec2020.my/en/

For more information, please contact :

Bagi sebarang pertanyaan/aduan berkaitan operasi sektor ekonomi, sila hubungi talian hotline MITI seperti di atas.

03-6200 0468 / 69 / 57 [email protected]

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https://bit.ly/2RUyG8l

For more information, kindly click the following links: https://bit.ly/2ZhxmRp

Announcements

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Announcements

WE ARE GOING FULLY ONLINE ! WE ARE GOING FULLY ONLINE !

Due to the recent announcement of Movement Control Order (MCO/PKP) 3.0 by the Government, the Population and Housing Census 2020 will continue online until 30th June 2021. Please be counted by participating in

e-Census at :

Stay Home | Keep Calm |Your Data | Our Future http://ecensus.mycensus.gov.my

Please contact @MyCensus2020 helpdesk for further assistance.

Hotline : 1-800-88-7720

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Dear Readers,

Kindly click the link below for any comments in this issue. MWB reserves the right to edit and republish letters as reprints.

http://www.miti.gov.my/index.php/forms/form/13