ANNOUNCEMENT 01 Mar 2017

For the month of March, the Malaysian authorities decided to increase the export duty on crude palm oil.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Malaysian Palm Oil Board, Economic & Industry Development Division: Export Duties 2017, March: http://bepi.mpob.gov.my/images/export-duties-2017/EXPORT_DUTY_RATE_MARCH_2017.pdf

Inception date: 01 Mar 2017 | Removal date: 01 Apr 2017

Export tax

On 1 March 2017, the export duty on crude palm oil is increased to 8% for the month of March. Prior to March 2017 the duty had been temporarily set at 7.5% for a period of one month, see related measure.

AFFECTED SECTORS

 

AFFECTED PRODUCTS