Malaysia keeps October crude palm oil export duty at 8%


KUALA LUMPUR: Malaysia has maintained its October export tax for crude palm oil at 8% and lowered its reference price, a circular on the Malaysian Palm Oil Board website showed on Tuesday.

The world's second largest palm exporter calculated a reference price of RM3,710.50 per metric ton for October. The September reference price was RM3,755.13 a ton.

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Palm oil , crude palm oil , MPOB

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