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Malaysia keeps Dec CPO export duty unchanged at 8%, but raises reference price

30 Nov 2022 10:45 pm
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NEW DELHI, Nov 30 (Commoditiescontrol) - Malaysia has kept its December export tax for crude palm oil unchanged at 8 percent but raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Wednesday.

The world's second-largest palm exporter calculated a reference price of 3,847.24 ringgit ($866.50) per tonne for December.

The November reference price was 3,575.80 ringgit a tonne.

(By Commoditiescontrol Bureau)


       
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