KUALA LUMPUR: Malaysia has maintained its May export tax for crude palm oil at 8% and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Monday.
The world's second-largest palm exporter calculated a reference price of 4,063.58 ringgit per tonne for May. The April reference price was 4,031.45 ringgit a tonne.
Uh-oh! Daily quota reached.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!