Malaysian Palm Oil Council
Malaysia’s October palm-oil reference price rises while the export duty stays at 10%
Published:
English editorial record · renofaro
Key points
- MPOC republishes a 15 September report citing an MPOB circular: October’s crude palm-oil reference price is MYR 4,452.66 per metric tonne, compared with MYR 4,392.32 in September, while the export duty stays at 10%.
- This is a regulatory reference price and duty calculation, rather than a spot-market transaction price or a new increase in the tax rate.
Summary
MPOC republishes a 15 September report citing an MPOB circular: October’s crude palm-oil reference price is MYR 4,452.66 per metric tonne, compared with MYR 4,392.32 in September, while the export duty stays at 10%. This is a regulatory reference price and duty calculation, rather than a spot-market transaction price or a new increase in the tax rate.
Original source title
Malaysia raises October crude palm oil reference price, duty remains at 10%
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