Malaysian CPO demand seen rising ahead of tax resumption


KUALA LUMPUR: Malaysian crude palm oil (CPO) demand is expected to pick up ahead of the export tax resumption as overseas buyers stock up before the zero-duty period ends in early April.

The world’s second-largest palm oil producer set its April CPO export tax at 5%, after a three-month duty suspension implemented at the start of the year, a government circular showed.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , CPO export tax

Next In Business News

Malaysia’s strategic edge in the Asean power trade
Building domestic capabilities through investments
Private equity rides megatrends
Time-tested appeal drives luxury watches
AI borrowers face costly reality
Governance, reforms mainstay of Budget 2027
Shot in the arm for local semiconductor firms
AI boom in question, again
It’s about execution
Stronger wage ladder in pursuit of reforms

Others Also Read