Trade and markets
 

Detail

Area
Malaysia
Commodity Group
Oilseeds, oils and meals
Commodity
Palm oil
Date
01/11/2013
Policy Category
Trade
Policy Instrument
Export tax
Description
Continued implementation of sliding export tax regime used to stimulate growth in downstream palm oil processing and regulate domestic supplies and prices.
Notes
MALAYSIA – variable palm oil export tax: Following the recent gradual strengthening in international palm oil values, for December, the country’s export tax on crude palm oil has been set at 5 percent, compared to the 4.5 percent rate in place since last March.