Malaysia keeps March crude palm oil export duty at 8%
Published 2023년 2월 22일
Tridge summary
Malaysia has maintained an export tax of 8% on crude palm oil but lowered the reference price to RM3,710.35 per tonne for March, down from RM3,893.25 a tonne in February. The export tax structure for crude palm oil starts at 3% and can go up to a maximum of 8% depending on the price.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
KUALA LUMPUR (Feb 22): Malaysia has maintained its March export tax for crude palm oil at 8% and lowered the reference price, a circular on the Malaysian Palm Oil Board website showed on Wednesday. The world's second largest palm exporter calculated a reference price of RM3,710.35 per tonne for March. The February reference price was RM3,893.25 a tonne. The export tax structure starts ...
Source: Theedgemarkets
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