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Malaysia Keeps Crude Palm Oil Export Tax for June at 5.5 pct
calendar19-05-2014 | linkReuters | Share This Post:

19/05/2014 (Reuters) - Malaysia, the world's second-largest palm grower, has kept its crude palm oil export tax for June at 5.5 percent, a government circular showed on Friday.

The Southeast Asian country has left its export duty unchanged since April.

The circular showed that a reference price of 2,595.71 ringgit ($804) per tonne was calculated for crude palm oil for June, effectively keeping the export duty at 5.5 percent. ($1 = 3.2305 Malaysian Ringgit)