AreaMalaysia

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date01/02/2024

Policy CategoryTrade

Policy InstrumentExport policy

DescriptionRaised the crude palm oil reference price for March 2024 to MYR 3 793.9 (USD 793.2) per tonne from February\'s MYR 3 571.4 (USD 746.7) per tonne, keeping the export duty rate for crude palm oil unchanged at 8 percent and raising the payable export tax to MYR 303.5 (USD 63.5) per tonne.