# Malaysia keeps July crude palm oil export duty at 0% | The Star

> Malaysia kept its July crude palm oil export duty unchanged at 0%, based on a circular from the Malaysian Palm Oil Board citing the customs department. The duty has been zero since September, and the July reference price was 1,970.44 ringgit per tonne, below the 2,250 ringgit threshold that triggers a duty.

- Date: 2019-06-20 · published 2019-06-20T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/58467-malaysia-keeps-july-crude-palm-oil-export-duty-at-0-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A zero export duty keeps Malaysian palm oil competitively priced for export buyers, supporting export flows. The government had already deferred duty imposition to year-end to boost exports.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-02-23 | [Malaysia Keeps March Crude Palm Oil Export Duty At 8% – MPOC](https://feedsoft.ai/events/15755-malaysia-keeps-march-crude-palm-oil-export-duty-at-8-mpoc.md) | +1.0% | -4.6% |
| 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% |
| 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% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2019/06/21/malaysia-keeps-july-crude-palm-oil-export-duty-at-0-pct/

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