Malaysia keeps August crude palm oil export duty at zero percent

FILE PHOTO: A worker collects palm oil fruit inside a palm oil factory in Sepang, outside Kuala Lumpur in this June 18, 2014 file photo. REUTERS/Samsul Said/Files

Malaysia kept its export duty on crude palm oil for August unchanged at zero percent, according to a circular on the Malaysian Palm Oil Board’s website on Tuesday, citing the national customs department. The duty has been at zero percent since September. Malaysia, the world’s second-largest producer of palm oil, calculated a palm oil reference […]

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