Trade and markets
 

Detail

Area
Malaysia
Commodity Group
Oilseeds, oils and meals
Commodity
Palm oil
Date
01/07/2013
Policy Category
Trade
Policy Instrument
Export tax
Description
Continued implementation of sliding export tax regime.
Notes
MALAYSIA – palm oil export tax - Monthly tax review: In August, the country’s export tax on crude palm oil will be kept unchanged at 4.5 percent for the sixth consecutive month, despite a slight increase in the international reference price for palm oil. By keeping export charges at the bottom of the pre-defined tax range palm oil shipments are encouraged, which also helps to further reduce the country’s palm oil inventories.