AreaMalaysia

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date01/06/2021

Policy CategoryTrade

Policy InstrumentExport policy

DescriptionThroughout the period June–November 2021, kept the variable ad valorem tax on crude palm oil exports at 8 percent (i.e. the maximum rate envisaged under the taxation scheme), in line with persistently high benchmark prices.