Global Trade Alert
Global Trade Alert

Malaysia: Temporary tariff-free period for crude palm oil export duties (January to April 2018)

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.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jan 2018

Revocation date:

30 Apr 2018

Announced: 05 Jan 2018
Export tax
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 mi...
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Published: 04 Sep 2024

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