ANNOUNCEMENT 01 Jul 2016
In July 2016, the government of Malaysia announced a change in export taxation.NUMBER OF INTERVENTIONS
1
SOURCE
Malaysian Palm Oil Board, Economic & Industry Development Division: Export Duties 2016, July: http://bepi.mpob.gov.my/images/export-duties-2016/EXPORT_DUTY_RATE_JULY_2016.pdf
On 1 July 2016, the export duty on crude palm oil was increased to 6% for the month of July. Prior to July 2016 the duty had been temporarily set at 5.5% for the month of June, see related measure.
On 1 August 2016, the export duty was reduced to 5%, see related measure.