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Malaysia maintains crude palm oil export tax at 8pc for June 2021 | Money


Wednesday, 19 May 2021 06:29 PM MYT
A worker unloads oil palm fruits from a lorry inside a palm oil factory in Salak Tinggi August 4, 2014. Reuters pic
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KUALA LUMPUR, May 19 Malaysia has maintained the export tax for crude palm oil (CPO) at eight per cent for June 2021 for the sixth straight month.
In a circular posted on the Malaysia Palm Oil Board’s website, the Royal Malaysian Customs Department said the eight per cent export duty rate was set after the CPO market price surpassed RM3,450 per tonne. ....

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