Malaysia keeps February crude palm oil export duty at 8%
Malaysia has maintained its February export tax for crude palm oil at 8% and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Thursday.
The world’s second-largest palm exporter calculated a reference price of RM3,893.25 ($917.14) per tonne for February.
The January reference price was RM3,889.52 a tonne.
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