# Malaysia Keeps March Crude Palm Oil Export Duty At 8% – MPOC

> Malaysia kept its March crude palm oil export duty at 8% and lowered the reference price, according to a circular. The duty structure applies to crude palm oil exports for the month. The announcement is routine monthly duty setting.

- Date: 2023-02-23 · published 2023-02-23T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/15755-malaysia-keeps-march-crude-palm-oil-export-duty-at-8-mpoc
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A steady Malaysian export duty leaves export costs unchanged, so it has little direct price impact. The lower reference price slightly alters the duty base for exporters.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-08-24 | [Malaysia Keeps September Crude Palm Oil Export Duty At 8% – MPOC](https://feedsoft.ai/events/15708-malaysia-keeps-september-crude-palm-oil-export-duty-at-8-mpoc.md) | +0.7% | -2.8% |
| PALMOIL | 2023-12-21 | [Malaysia Keeps January Crude Palm Oil Export Duty at 8%](https://feedsoft.ai/events/15680-malaysia-keeps-january-crude-palm-oil-export-duty-at-8.md) | -0.0% | +1.3% |
| PALMOIL | 2024-08-21 | [Malaysia keeps September crude palm oil export duty at 8%](https://feedsoft.ai/events/15627-malaysia-keeps-september-crude-palm-oil-export-duty-at-8.md) | +1.7% | +6.5% |
| PALMOIL | 2019-06-20 | [Malaysia keeps July crude palm oil export duty at 0% \| The Star](https://feedsoft.ai/events/58467-malaysia-keeps-july-crude-palm-oil-export-duty-at-0-the-star.md) | -0.9% | -1.8% |
| PALMOIL | 2019-05-14 | [Malaysia keeps June crude palm oil export duty at zero percent](https://feedsoft.ai/events/58954-malaysia-keeps-june-crude-palm-oil-export-duty-at-zero-percent.md) | +2.9% | +0.6% |

## Sources

- mpoc.org.my: https://www.mpoc.org.my/malaysia-keeps-march-crude-palm-oil-export-duty-at-8/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.