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Malaysia kept its October crude palm oil export duty at 8%. The tax is progressive, varying with the crude palm oil price band, with a 3% rate applying at lower price ranges.
A stable export duty keeps Malaysian export costs predictable for buyers and traders. The rate depends on prices, so it does not by itself shift the market.
chemanalyst.comEmilia JacksonSep 19, 2023After 513 past neutral policy events, PALMOIL 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.
