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Malaysia exempts palm oil from export duty

Malaysia will fully exempt palm oil from export duty this year as part of plans to support industries badly hit by the coronavirus pandemic. Prime Minister Muhyiddin Yassin on Friday said crude palm …

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Indonesia keeps palm oil, cocoa export taxes unchanged for June

Indonesia will keep its export tax for crude palm oil at zero for a third month in June, the country’s trade ministry said in a statement on Friday.

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Indonesia sets export levy on crude palm oil at $55 per tonne

Indonesia will charge a blanket export levy of $ 55 per tonne on crude palm oil (CPO) shipments from June 1, a Finance Ministry regulation showed on Saturday, as the government seeks to raise funds for …

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Malaysia cuts crude palm oil export duty for May to 4.5%

Malaysia has reduced its export duty on crude palm oil to 4.5% for May from 5% in April, the Malaysian Palm Oil Board said on Monday, citing the national customs department.

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Indonesian government plans to raise palm oil export levy: minister

Indonesia’s chief economic minister, Airlangga Hartarto, said on Wednesday the government plans to increase palm oil export levies to support expansion of its palm biodiesel program. “The increase is …

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Palm oil inches up on bargain buying, but worries of export shipment disruption weighs

Malaysian palm oil futures recovered from early losses on Tuesday on bargain buying, but gains were capped by worries of a disruption to export shipments in case of an escalation in Middle East …

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Malaysia raises export tax for crude palm oil for first time in over a year

Malaysia has raised its export tax for crude palm oil for January, for the first time in one-and-a-half years, the Malaysian Palm Oil Board’s website said on Friday, citing the national customs …

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Malaysia keeps September crude palm oil export duty at zero percent

KUALA LUMPUR (Reuters) – Malaysia kept its export duty on crude palm oil for September unchanged at zero percent, according to a circular on the Malaysian Palm Oil Board’s website on Wednesday, citing …

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Malaysia keeps May crude palm oil export duty at zero percent

KUALA LUMPUR (Reuters) – Malaysia kept its export duty on crude palm oil for May at zero percent, according to a circular on the Malaysian Palm Oil Board’s website on Wednesday that cited the …

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Malaysia keeps March crude palm oil export duty at 0 pct

KUALA LUMPUR, Feb 18 (Reuters) – Malaysia kept its export duty on crude palm oil for March at zero percent, according to a circular on the Malaysian Palm Oil Board’s website on Monday that cited …

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