Malaysia keeps March Crude Palm Oil export duty at 0%
Commodity Online | February 18 2019
UPDATED 12:24:23 IST

Global Sugar deficit likely to be 2.34 MT in 2019-20

Govt agencies procure 29 MT of Wheat so far

India cuts base import price of Crude Palm Oil by $23 per tonne

India Rice export prices continue decline on weak demand

Vegetable Oil imports decline 11% in April: SEA

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.

The duty has been at zero percent since September.

Malaysia, the world’s second-largest producer of palm oil, calculated a palm oil reference price of 2,084.37 ringgit ($511.88) per tonne for March. Any price above 2,250 ringgit incurs a duty.

Exports of Malaysian palm oil products during February 1-15 rose 11.6% to 686,657 tonnes from 615,565 tonnes shipped during January 1-15, latest data from cargo surveyor Intertek Testing Services (ITS) showed.

 

Commodity Arrivals Rate
Mustard Oil 35 8500.00
Coconut Oil 2.5 18200.00
Arecanut 4.5 2400.00
Sugar 0.5 4000.00

More

×