| End-of-day quote CME 10:39:34 2022-10-03 am EDT | 5-day change | 1st Jan Change | ||
| 741 USD | +0.07% |
|
-2.25% | -26.42% |
| Apr. 18 | ICE Review : Too Much Pressure on Canola | DJ |
| Apr. 18 | ICE Canola Midday : Small Upticks Despite Pressure | DJ |
KUALA LUMPUR (Reuters) - Malaysia maintained its October export tax for crude palm oil at 8%, a circular on the Malaysian Palm Oil Board website showed on Monday.
The world's second-largest palm exporter calculated a reference price of 4,472.46 ringgit ($1,068.18) per tonne for October, up from 4,255.52 ringgit in September.
The export tax structure starts at 3% for crude palm oil in a 2,250 to 2,400 ringgit-per-tonne range. The maximum tax rate is set at 8% when prices exceed 3,450 ringgit a tonne.
($1 = 4.1870 ringgit)
(Reporting by Mei Mei Chu; Editing by Muralikumar Anantharaman)
