Malaysia CPO export duty exemption may be extended


If prices remain at the current level, then Malaysia could allow duty free exports in November and December,

MUMBAI: Malaysia, the world’s second biggest palm oil producer, could extend duty free exports until the end of this year if prices of the tropical oil remain at current levels, a leading palm oil producer told Reuters.

Malaysia has allowed duty free exports of crude palm oil for September and October.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Felda , palm oil , oil palm , markets ,

   

Next In Business News

Banks unveil plan to increase capital
RCE Cap to benefit from civil servant salary hike
Bursa Malaysia likely to trade range-bound with upside bias this week
The Week Ahead
Westports poised to register steady earnings
Press Metal begins supply to China firms
Malaysia Smelting Corp earnings set to rise
Enhancing accountability in ESG reporting can boost credibility of firms
EV production keeps demand for copper high
EV maker Zeekr set to raise US$368mil from IPO

Others Also Read