Malaysia keeps January crude palm oil export duty at 8%
Photo: Collected
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 Wednesday.
The world's second-largest palm exporter calculated a reference price of 3,889.52 ringgit ($880.98) per tonne for January.
The December reference price was 3,847.24 ringgit a tonne.
Keep updated, follow The Business Standard's Google news channel
($1 = 4.4150 ringgit)
