Volume 386 - 10 May 2016 - Ministry of International Trade and
Transcription
Volume 386 - 10 May 2016 - Ministry of International Trade and
MITI in the News Trade Performance for the Period of January- March 2016 and the Month of March 2016 Malaysia’s trade surplus registered a double digit growth of 12.2% to reach a value of RM23.94 billion during the first quarter (Q1) of 2016. Total trade were valued at RM346.38 billion compared with RM345.15 billion recorded during the same period of last year. Exports rebounded to RM185.16 billion, an increase of 1% as compared to a decline of 2.5% recorded in Q1 2015. Growth in exports was recorded to major markets namely, ASEAN, the United States of America (USA), the European Union (EU) and Turkey. Imports were sustained at RM161.22 billion compared with RM161.91 billion recorded in January to March 2015. For the month of March 2016, trade surplus surged by 52.2% to RM11.19 billion from RM7.35 billion in February 2016, making it the 221st consecutive month of trade surplus since November 1997. On a year-on-year basis, trade surplus rose 43.1%. Exports increased marginally to RM66.59 billion from RM66.47 billion recorded in March 2015. Imports decreased by 5.5% to RM55.39 billion, with total trade of RM121.98 billion recorded, a decline of 2.5%. On a month-on-month basis, exports, imports and total trade registered a double digit growth of 17.4%, 12.2% and 15%, respectively. Overall, exports both of manufactured and agricultural goods increased during Q1 2016. Exports of mining goods, however, declined. Exports of manufactured goods during the first quarter grew by 6.4% or RM9.18 billion to RM151.93 billion, accounting for 82.1% of Malaysia’s exports. The higher export was driven mainly by increased exports of manufactures of metal, electrical and electronic (E&E) products, machinery, equipment and parts as well as optical and scientific equipment. Exports of agricultural goods in Q1 2016 expanded by 6.5% to RM15.27 billion, attributed mainly to higher exports of palm oil, which amounted to RM8.57 billion, an increase of 6.6% or RM532.9 million, contributed mainly by higher export volume. Exports of mining goods decreased by 32.5% to RM16.88 billion with lower exports of liquefied natural gas (LNG) and crude petroleum. Lower exports of LNG was caused by the contraction in the Average Unit Value (AUV) and volume, while crude petroleum due to lower AUV. Major exports in the first quarter of 2016 were: • E&E products valued at RM66.54 billion which constituted 35.9% of total exports, increased by 3.6% from the corresponding period of 2015; • Chemicals and chemical products (RM13.72 billion), 7.4% of total exports, increased by 6.2%; • Petroleum products (RM11.11 billion), 6% of total exports, a decrease of 12.2%; • Palm oil and palm based agriculture products (RM9.98 billion), 5.4% of total exports, an increase of 7.8%; and • Machinery, equipment and parts (RM9.85 billion), 5.3% of total exports, an increase of 23%. Ministry of International Trade and Industry In March 2016, exports of manufactured goods increased by 4.6% to RM55.1 billion contributed mainly by higher exports of manufactures of metal especially nickel, machinery, equipment and parts, optical and scientific equipment, processed food, textiles, apparels and footwear, chemicals and chemical products as well as E&E products. Exports of agricultural goods recorded a value of RM5.49 billion, an increase of 6%. Exports of mining goods amounted to RM5.64 billion, a decrease of 32.1%. During the period of January-March 2016, trade with ASEAN increased by 2.6% to RM94.87 billion from the same period in 2015, accounting for 27.4% of Malaysia’s total trade. Exports grew by 6.5% to RM53.65 billion, supported by higher exports of manufactured goods especially E&E products, manufactures of metal, machinery, equipments and parts as well as chemicals and chemical products. These products altogether amounted to RM28.86 billion or 53.7% share of Malaysia’s exports to ASEAN. Imports however, contracted by 2.1% to RM41.22 billion. Exports to Singapore increased by RM695.5 million to RM26.27 billion due mainly to higher exports of E&E products. Exports to Thailand grew by RM644.8 million, supported by higher exports of E&E products as well as petroleum products. Exports to Viet Nam increased by RM890.8 million, contributed mainly by higher exports of petroleum products, manufactures of metal as well as machinery, equipment and parts. Exports to Indonesia expanded by RM106.8 million with higher exports of chemicals and chemical products, E&E products as well as manufactures of metal. In March 2016, exports to ASEAN grew by 5.6% to reach a value of RM19.19 billion, contributing 28.8% to Malaysia’s total exports. The increase was due to higher exports of E&E products (electronic integrated circuits), manufactures of metal (aluminium alloys), processed food, machinery, equipment and parts (air conditioner) as well as chemicals and chemical products (alcohols, phenols and their derivatives). Growth in exports was registered to all ASEAN markets except for Indonesia and Brunei. Imports from ASEAN were down 13.1% to RM14.15 billion while trade with ASEAN declined by 3.2% to RM33.33 billion. During the Q1 of 2016, trade with the USA increased by 11.1% to RM33.09 billion. Exports recorded a double digit growth of 13.1% to RM19.07 billion while imports expanded by 8.4% to RM14.02 billion. The robust export performance to the USA was contributed mainly by E&E products. Other products that contributed to the increase in exports to the USA were transport equipment, wood products, manufactures of metal, as well as optical and scientific equipment. In March 2016, trade with the USA expanded by 3.2% to RM11.63 billion. Exports grew by 11.8% to RM6.8 billion while imports totalled RM4.83 billion, decreased by 6.9%. Products which contributed to the increase in exports were E&E products, machinery, equipment and parts, transport equipment (parts for aircraft) as well as chemicals and chemical products (alcohols, phenols and their derivatives). In the first three months of 2016, trade with China registered a growth of 4.6% to RM51.32 billion. Exports increased by 1.3% to RM20.81 billion and imports expanded by 7% to RM30.51 billion. The increase in exports to China was attributed mainly to manufactures of metal, metalliferous ores, chemicals and chemical products as well as optical and scientific equipment. In March 2016, trade with China increased by 3.5% to RM17.76 billion. Exports to China valued at RM7.81 billion, decreased by 5.9% due to lower exports of E&E products (electronic integrated circuits), petroleum products, metalliferous ores as well as LNG. However, higher exports were registered for manufactures of metal, optical and scientific equipment as well as palm oil and palm based agriculture products. On a month-on-month basis, exports to China surged by 20.4%, due mainly to higher exports of E&E products. Imports from China were valued at RM9.95 billion, an increase of 12.3% from March 2015. Exports to the EU continued to expand in Q1 of 2016, achieving a growth of 7.9% to RM19.33 billion. Machinery, equipment and parts, palm oil and palm based agriculture products, optical and scientific equipment, rubber products, textiles and apparels as well as chemicals and chemical products were the main contributors to the increase in exports. Among the top 10 EU markets, 7 markets registered growth in exports. Markets which recorded double digit growth were Germany (↑24.7%), France (↑17%), Italy (↑30.4%), Belgium (↑19.4%), Spain (↑44%) and Sweden (↑12.8%). Imports declined by 8.1% to RM15.99 billion while trade amounted to RM35.32 billion, the same level as that in the preceding year at RM35.31 billion. Exports to the EU in March 2016 grew by Ministry of International Trade and Industry 6.5% to RM6.72 billion. In terms of products, higher exports to the EU were registered for machinery, equipment and parts (parts for civil engineering and contractor’s plant), palm oil and palm based agriculture products, optical and scientific equipment (instruments and appliances used in medical, surgical, dental or veterinar), apparels, rubber products as well as transport equipment (parts for aircraft). Imports from the EU were lower by 11.4% to RM5.44 billion. Trade with the EU contracted by 2.3% to RM12.16 billion. During the first three months of 2016, trade with Japan amounted to RM31 billion with exports and imports value of RM17.29 billion and RM13.71 billion, respectively. The decline in exports to Japan by 20.6% in Q1 2016 was due mainly to lower exports of LNG. However, higher exports to Japan were registered for manufactured goods, namely, textiles, non-metallic mineral products, manufactures of metal as well as processed food. Trade with Japan in March 2016 was valued at RM11.24 billion, a decline of 7.5%. Exports totalled RM6.17 billion while imports increased by 3.9% to RM5.06 billion. Exports to Japan declined by 15.1% due to lower exports of LNG and E&E products. On a month-on-month basis, exports to Japan registered a double digit growth of 10.2% contributed by higher exports of LNG, manufactures of metal and crude petroleum. During first quarter 2016, trade with FTA partners amounted to RM216.98 billion, accounting for 62.6% of Malaysia’s trade. Exports to FTA partners recorded a value of RM115.5 billion while imports, RM101.48 billion. Higher exports were recorded to Viet Nam, Turkey, Singapore, Thailand, Philippines and Myanmar during the period of January to March 2016. Exports to Turkey surged by 123.1% to RM1.55 billion due to increase in exports of palm oil and palm based agriculture products, chemicals and chemical products as well as manufactures of metal. In March 2016, total trade with Free Trade Agreement (FTA) partners was valued at RM76.08 billion with exports valued at RM41.63 billion and imports totalled RM34.45 billion. Total imports in January-March 2016 declined by 0.4% to RM161.22 billion. The three main categories of imports by end use were: • Intermediate goods, valued at RM93.85 billion or 58.2% share of total imports, decreased by 3.1%, due mainly to lower imports of petroleum products; • Capital goods (RM21.43 billion, 13.3% share, down 12.9%), due mainly to lower imports of aircraft; and • Consumption goods (RM15.78 billion, 9.8% share, up 24.6%), with higher imports of food products. In March 2016, imports decreased by 5.5% to RM55.39 billion. The three main categories by end use were intermediate goods which valued at RM31.6 billion, capital goods (RM7.42 billion) and consumption goods (RM5.34 billion). Ministry of International Trade and Industry, 5 May 2016 Ministry of International Trade and Industry Malaysia Trade Performance January - March 2016 Exports 1.0%* RM185.2b Total Trade RM346.4b 0.4%* RM161.2b Note: * Y-o-Y growth Imports 0.4%* Major Trading Partners January - March 2016 Indonesia China RM51.3b # * 14.8% 4.6% 3.9% Singapore RM43.8b 12.6%# RM13.6b 1.2% 3.9%# * 11.1% * 3.9% # 8.9% 3.4%# 11.6% * 6.2% 4.2%* RM11.6b* 2.9% India Thailand RM21.4b # RM13.5b Hong Kong Japan RM31.0b # 6.0%* Taiwan RM33.1b 9.6% 2.4%* ROK USA # RM13.6b # 7.2% * Ministry of International Trade and Industry 3.3% # RM11.4b 3.0%* Note: # Share to Malaysia’s total trade * Y-o-Y growth Source : Department of Statistics, Malaysia Exports with Double Digit Growth January - March 2016 RM billion 0.2 0.2 Crude Fertilizers and crude minerals 50.6% * 50.3%* 1.0 1.5 Metalliferous ores and metal scrap 6.1 Manufactures of Metal 8.7 42.8%* 8.0 Machinery, equipments & parts 2.7 3.3 Transport Equipment 3.0 Textiles, apparels & Footwear 18.5%* 3.6 4.1 4.7 15.9%* 6.1 Optical & Scientific Equipment 15.7%* 10.5%* 1.7 1.8 Jewellery 1.1 1.2 0 7.0 12.5%* 0.9 1.0 Beverages & Tobacco 23.0%* 18.8%* Processed Food Sawn timber & Moulding 9.9 10.1%* 2 4 Q1 2015 6 8 10 12 Q1 2016 Imports with Double Digit Growth January - March 2016 RM billion 2.4 Textiles, Clothings & Footwear 4.1 0.01 Saw logs 0.01 54.7%* 1.8 Manufactures of Plastics 2.4 0.1 Sawn timber & Moulding 0.1 0.7 0.9 0.5 24.9%* 23.4%* 0.6 1.4 Rubber Products 14.8%* 1.6 1.7 Paper & Pulp Products 1.9 0.4 Crude Fertilizers and crude minerals 32.0%* 29.9%* Beverages & Tobacco Wood Products 69.2%* 0.5 0 Q1 2015 13.9%* 12.6%* 1 2 3 4 5 Q1 2016 Note: * Y-o-Y growth Source : Department of Statistics, Malaysia Ministry of International Trade and Industry EJanuary& 2014 E Export to Top Three Destinations - March 2016 5 RM billion USA Singapore 4 China 3 2 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar 2014 2015 2016 Seafood Export to Top Three Destinations January 2014 - March 2016 60 RM million 50 40 30 Viet Nam Singapore China 20 10 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar 2014 2015 Viet Nam Singapore 2016 China Source : Department of Statistics, Malaysia Ministry of International Trade and Industry Environment Improve Connectivity & Enhanced Quality of Living CIQ Tanjung Kupang WAITING TIME REDUCE FREQUENT TRAVELERS SATISFIED WITH CONTRA LINE 4 HOURS Community Police Post 97% 25 97% 415 97% TENANTS SATISFIED WITH FACILITIES PROVIDED 87% FROM Rumah Iskandar Malaysia 1 HOUR 66% CHEAPER AVERAGE RENTAL RATE BASED ON SQF VALUE (COMPARED TO MARKET PRICE) COMMUNITY POLICE POST CCTVS Bas Iskandar Malaysia 2012 2011 IN ISKANDAR MALAYSIA 210 ISKANDAR MALAYSIA AUXILARY POLICE POSITIVE FEEDBACKS FROM USERS ON THE TRANSPORT FACILITIES PROVIDED Source : Iskandar Malaysia Report Card 2006 - 2015 Ministry of International Trade and Industry ‘ and You’ 120 20 28.9 30.5 29.0 29.5 30.7 29.3 40 10.4 11.1 10.8 10.4 9.7 11.5 60 14.2 11.9 20.5 21.6 23.1 26.0 64.1 80 55.8 61.4 59.3 60.7 65.7 59.6 100 7.1 12.8 22.4 32.3 36.5 Exports (US$ billion) 140 118.7 119.6 118.0 123.9 124.9 118.2 Exports of Electrical and Electronic Equipment 2010-2015 Philippines Indonesia 0 Singapore Viet Nam 2010 2011 2012 Thailand 2013 2014 2015 534.1 600 Malaysia 317.5 400 Cambodia 2010 23.2 17.3 22.9 32.9 54.5 73.5 59.1 35.5 29.0 30.2 0 41.8 100 53.0 200 1.8 12.3 20.8 38.1 49.4 65.1 167.7 243.9 300 5.6 5.8 Exports (US$ million) 500 Myanmar Brunei Lao PDR 2011 2012 2013 2014 2015 Notes : 1. HS Code 85 2. Viet Nam, Indonesia and Cambodia data for 2015 was based on the partner reported data (mirror data) 3. Lao PDR and Myanmar data was based on the partner reported data (mirror data) Source : Trade Map Ministry of International Trade and Industry Buku kecil TPPA di dalam versi PDF boleh di muat turun melalui pautan http://fta.miti.gov.my/miti-fta/resources/MITI_TPPA.pdf Ministry of International Trade and Industry International Report US Economic Indicators January - March 2016 Jan 2016 Feb Mar 1.37 1.02 0.85 4.9 4.9 5.0 236.9 237.1 238.1 1.0 Q1 2016, Advanced Estimate 1.4 Q4 2015, Third Estimate 0.5 Q4 2015, Second Estimate Inflation Rate (%) Unemployment Rate (%) Consumer Price Index GDP (%) Trade in Goods and Services Total Trade 4.9% US$1,195.4 billion Exports 5.4%* US$531.1 billion Imports 4.5%* US$664.4 billion Trade Deficit US$133.3 billion Source : Bureau of Economic Analysis 14 12 RM billion Malaysia’s Trade with US, January 2015 March 2016 10 12.8 11.5 10.8 10.7 11.1 11.3 10.3 10.1 8.5 6 4 4.2 4.9 3.6 10.8 10.7 11.6 9.4 8 5.9 12.0 10.7 6.1 5.9 5.8 5.4 5.2 5.0 4.3 4.0 6.1 4.6 6.6 4.5 7.3 6.6 4.9 5.5 7.1 6.1 4.6 4.9 6.3 4.5 5.9 4.7 6.8 4.8 2 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar 2015 Exports Ministry of International Trade and Industry Imports 2016 Total Trade Source : Department of Statistics, Malaysia The general outlook for luxury spending continues to be positive. Almost a third of respondents to The Wealth Report’s Attitudes Survey expect their wealthy clients to spend more on luxury goods in 2015, compared with just 8% who expect it to decline. But how does the short-to-mediumterm outlook compare for individual countries, and where in the world might luxury brands look to expand? The new Big Spenders Index, compiled exclusively for The Wealth Report, provides some of the answers by identifying the locations likely to see strong growth in big-ticket spending by their own ultra-wealthy populations and visiting Ultra High Net Worth Individual (UHNWIs). Source: http://www.knightfrank.com/resources/wealthreport2015/wealthpdf/07-wealth-report-luxury-spending-chapter.pdf Ministry of International Trade and Industry Number and Value of Preferential Certificates of Origin (PCOs) Number of Certificates (Provisional data) 13 Mar 2016 20 Mar 2016 27 Mar 2016 3 Apr 2016 10 Apr 2016 17 Apr 2016 24 Apr 2016 1 May 2016 AANZFTA 755 899 985 725 816 827 824 902 AIFTA 673 566 641 592 684 680 745 603 AJCEP 201 150 241 189 160 139 200 219 ATIGA 4,551 4,586 4,674 4,510 4,262 4,068 4,536 4,529 ACFTA 1,598 1,354 1,425 1,889 1,530 1,483 1,631 1,644 AKFTA 838 827 890 954 753 853 820 860 MICECA 384 350 320 300 327 332 316 344 MNZFTA 0 5 9 8 6 10 5 13 MCFTA 33 57 65 64 52 67 43 32 MAFTA 461 349 447 430 400 364 361 287 MJEPA 766 708 926 797 823 711 729 863 MPCEPA 156 173 159 176 167 178 148 149 GSP 129 139 89 156 117 119 136 144 MTFTA 196 162 252 181 269 137 196 237 Notes: The preference giving countries under the GSP scheme are Liechtenstein, the Russian Federation, Japan, Switzerland, Belarus, Kazakhstan and Norway. MPCEPA: Malaysia-Pakistan Closer Economic Partnership Agreement (Implemented since 1 January 2008) MJEPA: Malaysia-Japan Economic Partnership Agreement (Implemented since 13 July 2006) 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) MAFTA: Malaysia-Australia Free Trade Agreement (Implemented since 1 January 2013) MTFTA: Malaysia-Turkey Free Trade Agreement (Implemented since 1 August 2015) AANZFTA: ASEAN-Australia-New Zealand Free Trade Agreement (Implemented since 1 January 2010) ATIGA: ASEAN Trade in Goods Agreement (Implemented since 1 May 2010) 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) AIFTA: ASEAN-India Free Trade Agreement (Implemented since 1 January 2010) Value of Preferential Certificates of Origin 1,800 350 1,600 300 1,200 RM million RM million 1,400 250 200 150 1,000 800 600 100 400 50 0 200 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 0 1 May 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 706 1,669 800 658 1,044 1,277 927 1,361 AANZFTA 70 96 129 81 84 138 75 87 ATIGA AIFTA 153 148 170 316 188 158 165 129 ACFTA 630 562 612 517 641 925 657 890 AJCEP 59 26 97 66 46 52 71 77 AKFTA 948 202 186 176 168 238 172 198 200 160 180 140 160 140 100 RM million RM million 120 80 60 120 100 80 60 40 40 20 0 20 0 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May MICECA 43.29 45.84 33.29 33.78 32.14 53.98 32.93 38.17 MJEPA 104 136 146 123 141 109 128 175 MNZFTA 0.00 0.26 0.25 0.12 0.11 0.30 0.42 0.83 MPCEPA 42 26 19 25 75 43 30 82 MCFTA 3.48 6.18 10.64 10.12 7.42 8.20 5.58 4.83 GSP 22 18 18 23 20 18 18 19 MAFTA 48.69 32.75 134.93 41.45 37.37 33.57 34.81 28.69 MTFTA 72 77 139 72 126 57 88 65 Source: Ministry of International Trade and Industry, Malaysia Ministry of International Trade and Industry Malaysian Ringgit Exchange Rate with Euro and Chinese Yuan EUR = RM CNY = RM 5.10 0.70 4.90 0.68 1 EUR = RM 4.43 0.66 4.70 0.64 4.50 0.62 4.30 4.10 0.60 1 CNY = RM 0.60 0.58 3.90 0.56 3.70 0.54 3.50 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb 2015 Mar Apr 0.52 2016 Source : Bank Negara, Malaysia Gold Prices, 31 December 2015 - 6 May 2016 Gold US$/Gram 42.0 41.0 41.4 40.0 39.0 38.0 37.0 36.0 35.0 34.0 6 May 29 Apr 22 Apr 15 Apr 8 Apr 1 Apr 24 Mac 18 Mac 11 Mac 4 Mac 26 Feb 19 Feb 12 Feb 5 Feb 29 Jan 22 Jan 15 Jan 31 Dec 32.0 8 Jan 34.1 33.0 Source : http://www.gold.org/investments/statistics/gold_price_chart/ Silver and Platinum Prices, 31 December 2015 - 6 May 2016 US$/Oz Silver 1100.0 18.0 1050.0 17.0 17.4 16.0 1075.0 1000.0 950.0 900.0 13.9 850.0 12.0 800.0 31 Dec 8 Jan 15 Jan 22 Jan 29 Jan 5 Feb 12 Feb 19 Feb 26 Feb 4 Mac 11 Mac 18 Mac 24 Mac 1 Apr 8 Apr 15 Apr 22 Apr 29 Apr 6 May 13.0 888.0 31 Dec 8 Jan 15 Jan 22 Jan 29 Jan 5 Feb 12 Feb 19 Feb 26 Feb 4 Mac 11 Mac 18 Mac 24 Mac 1 Apr 8 Apr 15 Apr 22 Apr 29 Apr 6 May 15.0 14.0 Platinum US$/Oz 19.0 http://online.wsj.com/mdc/public/page/2_3023-cashprices.html?mod=topnav_2_3023 Ministry of International Trade and Industry Commodity Prices Crude Petroleum (Brent) (per bbl) Crude Palm Oil (per MT) Sugar (per lbs.) Rubber SMR 20 (per MT) Cocoa SMC 2 (per MT) Coal (per MT) Scrap Iron HMS (per MT) 6 May 2016 (US$) 45.4 712.5 15.7 1,451.0 2,120.0 48.0 330 (high) 300 (low) % change* 5.7 0.8 3.6 3.6 3.8 0.3 10.0 7.1 2015i 36.9 - 66.8 616.9 13.2 1,364.3 2,077.0 49.9 239.6 2014i 59.5 - 114.8 823.3 16.6 1,718.3 2,615.8 59.8 370.0 Commodity 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 n.a Not availble Highest and Lowest Prices, 2015/2016 Crude Petroleum (Brent) (6 May 2016) US$45.4 per bbl Highest (US$ per bbl) Lowest (US$ per bbl) 2016 29 Apr 2016: 48.1 2016 15 Jan 2016: 28.9 2015 15 May 2015: 66.8 2015 18 Dec 2015: 36.9 Average Domestic Prices, 6 May 2016 Billets (per MT) RM1,650 – RM1,750 Crude Palm Oil (6 May 2016) US$712.5 per MT Highest (US$ per MT) Lowest (US$ per MT) 2016 8 Apr 2016: 725.5 2016 15 Jan 2016: 545.5 2015 16 Jan 2015: 701.0 2015 4 Sep 2015: 500.5 Steel Bars (per MT) RM2,250 – RM2,400 Sources: 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. Ministry of International Trade and Industry Commodity Price Trends Crude Palm Oil 740 1,600 725.5 720 Rubber SMR 20 1,700 1,593.0 718.5 707.5 706.5 700 712.5 1,528.0 1,500 699.5 697.5 1,504.5 1,400.0 1,400 1,451.0 US$/mt US$/mt 680 667.0 660 651.0 653.5 1,337.5 1,300 1,262.5 1,200 653.5 1,137.5 1,100 620 1,098.5 1,000 600 19 Feb 26 Feb 4 Mac 11 Mac 18 Mac 25 Mac 1 Apr 900 8 Apr 15 Apr 22 Apr 29 Apr 6 May 19 Feb 26 Feb 4 Mac 11 Mac 18 Mac 25 Mac 1 Apr Cocoa 2,250 8,000 2,202.6 8 Apr 15 Apr 22 Apr 29 Apr 6 May Black Pepper 8,500 2,200 7,853 7,591 2,150 7,500 2,126.3 2,100 2,025.1 2,022.3 2,011.8 USD/ tonne 2,070.6 2,050 2,022.8 7,286 7,267 7,000 7,148 7,281 7,029 7,063 6,963 6,940 7,088 7,008 7,113 1,931.4 1,900 6,742 6,500 5,500 5,000 1,850 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May 2015 1,800 19 Feb 26 Feb 4 Mac 11 Mac 18 Mac 25 Mac 1 Apr 8 Apr 15 Apr 22 Apr 29 Apr 6 May 2016 * until 6 May 2016 Sugar 17.0 Crude Petroleum 50 48.1 16.5 16.0 15.9 15.7 15.5 40.4 40 15.5 15.1 14.8 14.5 14.0 14.9 38.5 35 41.2 41.9 35.1 33.4 33.0 35.9 39.4 43.1 45.4 45.9 43.7 44.7 40.4 38.7 15.2 15.2 US$/bbl US$/lbs 15.0 45.1 45 16.3 16.0 39.5 38.7 39.7 40.4 36.8 32.8 14.0 30 13.5 29.4 13.0 12.5 7,039 6,900 6,000 1,976.8 1,950 7,296 2,120.0 2,094.9 2,084.8 US$/mt 1,331.0 647.5 640 2,000 1,304.0 1,299.5 29.6 25 12.7 Crude Petroleum (WTI)/bbl 20 12.0 19 Feb 26 Feb 4 Mac 11 Mac 18 Mac 25 Mac 1 Apr 8 Apr 15 Apr 22 Apr 29 Apr 6 May Crude Petroleum (Brent)/bbl 12 Feb 19 Feb 26 Feb 4 Mac 11 Mac18 Mac25 Mac 1 Apr 8 Apr 15 Apr 22 Apr 29 Apr 6 May Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank. Ministry of International Trade and Industry Commodity Price Trends Copper Aluminium 1,850 1,819 1,818 1,800 6,500 6,295 1,804 1,815 6,000 1,774 1,750 1,700 US$/ tonne US$/ tonne 1,688 1,640 1,590 1,600 1,550 1,548 1,516 5,500 5,457 5,217 5,216 4,954 5,127 5,000 1,571 1,531 1,500 1,468 4,639 Jul 4,000 Aug Sep Oct Nov Dec Jan Feb Mar Apr 2015 4,599 4,472 1,481 1,400 Jan Feb Mar Apr May Jun 4,873 4,800 1,531 1,497 4,500 1,450 Jan Feb Mar Apr May Jun 2016 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr 2015 Nickel 2016 Coal 48.2 16,000 48.1 15,000 14,849 48.1 14,574 48.0 48.0 14,000 13,511 13,756 12,831 48.1 48.0 47.9 48.0 47.9 47.8 US$/mt 12,000 11,413 11,000 48.1 48.0 47.9 12,825 13,000 US$/ tonne 5,833 5,940 5,729 1,650 10,317 47.7 47.6 10,386 10,000 9,938 9,000 47.5 8,717 9,244 8,708 8,000 8,507 8,879 8,299 47.6 47.6 47.6 47.5 47.4 47.3 7,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr 2015 2016 47.2 12 Feb 19 Feb 26 Feb 4 Mac 11 Mac18 Mac25 Mac 1 Apr 8 Apr 15 Apr 22 Apr 29 Apr 6 May Scrap Iron 350 Iron Ore 73.0 330.0 68.0 68.0 300.0 290.0 260.0 250 280.0 300.0 US$/mt 220.0 200 190.0 190.0 160.0 200.0 190.0 160.0 160.0 58.0 58.0 60.0 57.0 56.0 53.0 52.0 210.0 190.0 180.0 240.0 220.0 61.0 280.0 240.0 230.0 63.0 63.0 63.0 US$/dmtu 300 150 6,042 5,831 160.0 53.0 52.0 48.0 190.0 56.0 47.0 47.0 43.0 41.0 Scrap Iron/MT (High) 42.0 38.0 Scrap Iron/MT(Low) Jan 100 29 Jan 12 Feb 19 Feb 26 Feb 11 Mac 21 Mac 25 Mac 8 Apr 15 Apr 22 Apr 29 Apr 6 May Feb Mar Apr May Jun Jul 2015 Aug Sep Oct Nov Dec Jan Feb Mar Apr 2016 Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank. Ministry of International Trade and Industry MULTI-B SDN BHD Multi-B Sdn Bhd design and manufactures a high technology MF (Maintenance Free) bus duct with the brand name of Translite MF Bus Duct. The bus duct utilises Japanese technology and is produced by Multi-B through technical collaboration with Hitachi Cable Ltd. Japan. Multi-B claims that its low voltage power distribution system is best suited for airports, factories, hotels, hospitals, institutions, prisons, stadiums, high rise commercial and residential buildings and many more. Established in 1989, the founder of the company started operation with merely RM300,000, in additional to the sum of RM70,000 which was used to purchase second hand machinery. The first two years was difficult for Multi-B. While financial support was already an issue, it also needed to compete with other brands in the limited market. However, they stayed true to its philosophy to excel in business. With hard work, perseverance and assistance from government agencies, Multi-B was successful in overcoming the challenges. 1998 was a good year for Multi-B. From a humble company with second hand machines, the company commenced operations in its brand new 2-acre factory-cum-office complex situated in Bukit Beruntung, Selangor. This factory which is fully equipped with the latest technology and computerisation, is capable of producing as much as 400 km of bus Dutch a year. From then on, it has continued to expand and never looked back. From local markets, Multi-B ventured into international markets in 2003. Within seven years, it managed to market its products to 14 countries around the world, and has successfully completed numerous mega projects in Asia Pacific (including Australia and New Zealand), India, Bangladesh, Middle East and recently in South America. Overseas markets now contribute 90% of its annual sales revenue. Governor’s Phillip Tower Sydney, Australia Suria KLCC Malaysia Putrajaya Convention Centre, Malaysia Kuala Lumpur International Airport Malaysia Ministry of International Trade and Industry Lot 53, Jalan Jasmine 2, Bandar Bukit Beruntung, 48300 Serendah, Selangor Darul Ehsan Tel : +603-6028 1818 Email: [email protected] Website: http://multib.com.my/ MITI Programme Seminar on Business Opportunity in Malaysia, New Delhi, 2 May 2016 Ministry of International Trade and Industry Visit to Tata Consultancy Services, Telangana India, 5 May 2016 Program Bijak Melabur Bersama MITI & Masa Untuk Eksport Telah Tiba, Kuantan, Pahang 3 Mei 2016 Ministry of International Trade and Industry Announcement Benefit of Economic Census Entrepreneurs, Companies & Business Industry Associations & Chamber of Commerce • To identify new sources of growth to the economy; • To understand more about industrial structure; • To identify new sources of growth to the economy; • To formulate national economy programmes; and • To share information about the industry with their members; • To formulate national economy programmes; and • To assess the implementation of the national development policy such as The Economic Transformation Programme, Eleventh Malaysia Plan and Small and Medium Enterprise (SME) Masterplan 2012 -2020. • To assist business in marketing and investment planning. Government To Update Economic Indicators • Rebasing of indices i.e. Gross Domestic Product (GDP) and Index of Industrial; • Compilation of Supply & Use Table (SUT), Input-Output Table (I-O), • To assess the Tourism Satellite implementation Account (TSA), of the national Information & development Communication policy such as Technology Satellite The Economic Account and System Transformation of Environmental Programme, Eleventh – Economic Malaysia Plan and Accounting (SEEA); Small and Medium Enterprise (SME) • Development of Masterplan 2012 SME’s profile. -2020. Source : Department of Statistics, Malaysia Ministry of International Trade and Industry Announcement MITI Weekly Bulletin (MWB) Mobile Apps MITI MWB APPs is now available for IOS, Android and Windows platforms. MWB APPs can be download from Gallery of Malaysian Government Mobile APPs (GAMMA) at the link: http://gamma.malaysia.gov.my/#/appDetails/85 @ YOUR SERVICE Name : Mohd Nazri Abd Ghani Designation : Senior Assistant Director Job Description : Processing and revising the application of Cost Analysis (CA) and approving the online application of Certificates of Origin (CO) for the scheme of AIFTA, AKFTA, ACFTA and MICECA Division : Trade and Industry Support Contact No : 603-6208 4721 Email: [email protected] Name : Shazila Sharudin Designation : Senior Assistant Director Job Description : Processing and revising the application of Cost Analysis (CA) for the scheme of MAFTA, MCFTA, MJEPA, MTFTA, GSP and Textiles, and coordinating Outcome Based Budgeting (OBB) Division : Trade and Industry Support Contact No : 603-6208 4727 Email: [email protected] Ministry of International Trade and Industry Condolences “The MITI Weekly Bulletin Editorial Committee extends its heartfelt condolences to the families of those on board Eurocopter AS350 en route to Kuching from Betong, Sarawak on 5 May 2016 .” And our deepest sympathy goes to YBhg. Datin Talagavathi a/p Karapayah, Director of Sectoral Policy, Ministry of International Trade and Industry, on the demise of her beloved husband, YBhg. Datuk Dr. Sundaran Annamalai. Let us take a moment to keep them in our thoughts and prayers. May peace and comfort be with their loved ones during these trying times.. Comments & Suggestions 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 Ministry of International Trade and Industry