Markets and trade
 

Detail

Area
Malaysia
Commodity Group
Oilseeds, oils and meals
Commodity
Palm oil
Date
01/05/2018
Policy Category
Trade
Policy Instrument
Export policy
Description
Extended the suspension of the country\'s export tax on crude palm oil.
Notes
Malaysia extended the 3-month tax suspension introduced in early January until the end of April, in a bid to maintain Malaysian palm oil exports competitive (see MPPU Mar.’18). According to the Malaysian Palm Oil Board, export taxation has resumed on 1 May, which rates set at 5 percent for both May and June.