14/10/2026 (The Edge Malaysia), Kuala Lumpur - Malaysia has lowered its November crude palm oil reference price, a change that maintains the export duty at 10%, a circular on the Malaysian Palm Oil Board website showed on Wednesday.

The world's second largest palm oil exporter calculated a reference price of RM4,323.78 per metric tonne for November. The October reference price was RM4,452.66 a tonne, and incurred a duty of 10%.

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 10% when prices exceed RM4,050 a tonne.

https://theedgemalaysia.com/node/821825