KUALA LUMPUR: Malaysia has raised its April crude palm oil reference price, a change that lifts the export duty to 9.5%, a circular on the Malaysian Palm Oil Board website showed on Thursday.
The world's second-largest palm exporter calculated a reference price of RM3,935.19 per tonne for April. The March reference price was RM3,896.09 a tonne, and incurred a duty of 9%.
