The Edge Markets (20/09/2021) - KUALA LUMPUR (Sept 20): Malaysia maintained its October export tax for crude palm oil at 8%, a circular on the Malaysian Palm Oil Board website showed on Monday.

The world's second-largest palm exporter calculated a reference price of RM4,472.46 per tonne for October, up from RM4,255.52 in September.

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. 

Read more at https://www.theedgemarkets.com/article/malaysia-keeps-oct-crude-palm-oil-export-tax-8