Announcement
05 Jan 2018
On 5 January 2018, Malaysia announced a 3-month duty-free period of crude palm oil ("CPO") starting 8 January 2018. The move aimed to support CPO prices, as the CPO stockpile reached a high of 2.56 million tonnes, which exceeding its exports of 2 million tonnes.
Prior to January 2018, the duty had temporarily been set at 6% for a period of one month.
On 6 April 2018, Malaysia announced the extension of a 3-month duty-free period of crude palm oil ("CPO") implemented from early-January. The extension is set to end on 30 April.
Source
Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
Implementation date
01 Jan 2018
Revocation date:
30 Apr 2018
On 5 January 2018, Malaysia announced a 3-month duty-free period of crude palm oil ("CPO") starting 8 January 2018. The move aimed to support CPO prices, as the CPO stockpile reached a high of 2.56...
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