Global Trade Alert
Global Trade Alert

Malaysia: Temporary changes in export duty of crude palm oil (December 2024)

Announcement

19 Nov 2024

In November 2024, the Malaysian Palm Oil Board (MPOB) increased the export duty of palm oil from 8% to 10% after the reference value of the CPO market price reached MYR 4'471.39 (USD 1,00.22) per tonne.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Dec 2024

Revocation date:

31 May 2025

Updated: 19 Nov 2024
Export tax

On 19 November 2024, the Malaysian Palm Oil Board (MPOB) increased the export duty of palm oil from 8% to 10% after the reference value of the CPO market price reached MYR 4'471.39 (USD 1,00.22) pe...

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