Malaysia keeps its zero export duty on palm oil for another month

24 June, 2019 at 16:06

The government of Malaysia has decided to keep its export duty on crude palm oil unchanged at 0% for another month, until the end of July 2019.

For July, the minimum purchase price for the product in Malaysia was set at MYR 1970/MT (some USD 474.69/MT) with any price above MYR 2250/MT incurring a duty, reports UkrAgroConsult