# Malaysia keeps June crude palm oil export duty at zero percent

> Malaysia kept its crude palm oil export duty for June unchanged at zero percent, according to a customs circular posted on the Malaysian Palm Oil Board website. The circular cites the national customs department.

- Date: 2019-05-14 · published 2019-05-14T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/58954-malaysia-keeps-june-crude-palm-oil-export-duty-at-zero-percent
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A zero export duty keeps Malaysian CPO competitively priced in export markets, supporting export flows and offering modest support to palm oil prices against soyoil and other vegetable oils.

## 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 | 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 | 2019-06-20 | [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 | 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 | 2023-05-18 | [Malaysia Keeps June Crude Palm Oil Export Duty At 8%, Raise Reference Price](https://feedsoft.ai/events/15730-malaysia-keeps-june-crude-palm-oil-export-duty-at-8-raise-reference-price.md) | -0.8% | -5.0% |

## Sources

- reuters.com: https://www.reuters.com/article/malaysia-palmoil-tax/malaysia-keeps-june-crude-palm-oil-export-duty-at-zero-percent-idINKCN1SK08P/

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