Export duty suspension for CPO extended to end-April


PETALING JAYA: The export duty suspension for Malaysian crude palm oil (CPO) has been extended to end-April 2018, according to the Plantation Industries & Commodities Ministry.

In a press release yesterday, the ministry said that the export duty suspension which was supposed to end on April 7, will now last until April 30. However, the export duty exemption could be lifted earlier if the domestic CPO stock falls to below 1.6 million tonnes.

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