Malaysia. Zero tariff on palm oil exports to remain in August 23 July, 2019 at 17:07

The government of Malaysia has decided to keep its export duty on crude palm oil for August 2019 unchanged at zero percent.

The minimum purchase price for the Malaysian product in August is set at MYR 1905.38/MT (some USD 463.93), whereas it is to be at least MYR 2250/MT for the export duty to be raised.