ANNOUNCEMENT 01 Nov 2017

For the month of November, 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, November: http://bepi.mpob.gov.my/images/export-duties-2017/11.%20EXPORT_DUTY_RATE_NOVEMBER_2017.pdf

Inception date: 01 Nov 2017 | Removal date: 01 Dec 2017
Still in force

Export tax

On 1 November 2017, the export duty on crude palm oil increased to 6.5% for the month of November. Prior to November 2017, the duty had temporarily been set at 6% for a period of one month, see related state act.

In December 2017, the duty was decreased, see related state act.

AFFECTED SECTORS

 

AFFECTED PRODUCTS