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Malaysia set its November crude palm oil reference price at RM4,262.23 (US$1,008.10) per tonne, slightly below October's RM4,268.68. The export duty remains at 10%, the top rate applied when prices exceed RM4,050 per tonne.
A marginal reference price dip with unchanged duty signals stable Malaysian export tax policy, leaving palm oil prices with little new policy-driven direction.
After 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.