Malaysia keeps March crude palm oil export duty at 10%

Malaysia has maintained its March export tax on crude palm oil at 10%, and lowered 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 RM4,390.37 per metric ton for March. The February reference price was RM4,817.70 a ton.
The export tax structure starts at 3% for crude palm oil in a RM2,250 to RM2,400-per-ton range. The maximum tax rate is set at 10%, when prices exceed RM4,050 a ton.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Connecting Industry Leaders: Highlights from BLACK SEA OIL TRADE-2025
Kyrgyz Authorities Push for Expanded Winter Wheat Cultivation
India’s vegetable oil imports will rise to record levels
Harvest delays in Kazakhstan lead to deteriorating wheat quality
Global prices for palm and soy oil to rise in early 2026, sunflower oil to drop – ...
Write to us
Our manager will contact you soon