17.06.2021 (www.theedgemarkets.com) - KUALA LUMPUR (June 17): Malaysia maintained its July export tax for crude palm oil at 8%, a circular on the Malaysian Palm Oil Board website showed on Thursday.

The world's second-largest palm exporter calculated a reference price of RM4,668.15 per tonne for July.

The export tax structure starts at 3% for crude palm oil in a RM2,250 to RM2,400 per-tonne range. The maximum tax rate is set at 8% when prices exceed RM3,450 a tonne.