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Malaysia maintains CPO export tax at 8% for July

Malaysia maintains CPO export tax at 8% for July
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Malaysia maintains CPO export tax at 8pc for July 2021 | Money

Malaysia maintains CPO export tax at 8pc for July 2021 | Money
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Who gets to define sustainable palm oil?

Leading palm oil producers Indonesia and Malaysia are actively promoting their own standards of sustainable palm oil production ....

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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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Malaysia's March CPO output rises m-o-m for first time in six months

KUALA LUMPUR (April 12): Malaysia’s March 2021 crude palm oil (CPO) output charted its first month-on-month gain in six months after climbing 28.4% as CPO production across Peninsular Malaysia, Sabah and Sarawak increased.
In a statement, the Malaysia Palm Oil Board (MPOB) said Peninsular Malaysia posted a 31.3% gain in production to 821,947 tonnes, while Sabah and Sarawak reported increases of 29.9% and 19.9% to 299,904 tonnes and 301,503 tonnes respectively.
CPO stocks increased 12.4% to 742,742 tonnes, while processed palm oil stocks increased 9% month-on-month, translating to a 10.7% increase in total palm oil stocks to 1.44 million tonnes.
Meanwhile, total palm kernel oil stocks fell 7% to 251,755 tonnes.
Palm oil exports for the month increased 31.8% to 1.18 million tonnes, while palm kernel oil exports rose 45.7% to 94,073 tonnes. ....

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