AreaMalaysia

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date01/05/2018

Policy CategoryTrade

Policy InstrumentExport policy

DescriptionExtended the suspension of the country\'s export tax on crude palm oil.

NotesMalaysia 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.