Malaysia keeps January crude palm oil export duty at 8%


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

The world's second-largest palm oil exporter calculated a reference price of RM3,679.50 ($791.63) per metric ton for January. The December reference price was RM3,589.09 a ton.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Export , tax , crude palm oil , CPO

Next In Business News

MSCI adds KSL, removes four from Malaysia Small Cap Index
MRMA: Withholding tax framework an essential strategic instrument
FBM KLCI rebounds 0.5%; Maybank hits record high
Asian stocks rise to record highs; Thailand extends rally
CIMB joins Bank Negara’s digital asset hub to test tokenised sukuk and payments
PETRONAS launches 2026 bid round for nine exploration blocks
AirAsia X unveils Kuala Lumpur-Bahrain-London route, establishing Middle Eastern hub
Bentley Music Group to expand retail network in East Malaysia by year-end
AI risks widening divide in Asean
Oiltek posts higher FY25 earnings, plans Bursa Malaysia Main Market listing

Others Also Read