Skip links

Malaysia Keeps February Crude Palm Oil Export Duty At 8%

January 30, 2023

KUALA LUMPUR: Malaysia has maintained its February export tax for crude palm oil at 8% and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Thursday.

The world’s second-largest palm exporter calculated a reference price of RM3,893.25 ($917.14) per tonne for February.

The January reference price was RM3,889.52 a tonne. – Reuters

Source : The Star