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Malaysia Keeps February Crude Palm Oil Export Tax at 5 Pct
calendar15-01-2014 | linkReuters | Share This Post:

15/01/2014 (Reuters) - Malaysia, the world's No.2 palm oil producer, has kept its crude palm oil export tax for February unchanged at 5 percent, a government circular showed on Wednesday.

The Southeast Asian country calculated a reference price of 2,524.07 ringgit ($770) per tonne for crude palm oil for February, effectively keeping the export duty at 5 percent. ($1 = 3.2635 Malaysian ringgits)