AreaMalaysia
Commodity GroupOilseeds, oils and meals
CommodityPalm oil
Date18/07/2024
Policy CategoryTrade
Policy InstrumentExport policy
DescriptionIncreased the crude palm oil reference price for August 2024 to MYR 3 880.9 (USD 831.2) from 3 839.6 (USD 822.4) per tonne, maintaining the export tax rate at 8 percent but increasing the payable export duty to MYR 310 (USD 66.4) from MYR 307.2 (USD 65.8) per tonne.
NotesExchange rate as of 15 July 2024.