# Malaysia to keep September crude palm oil export tax at 5.5pc | Malay Mail

> Malaysia will keep its September crude palm oil export tax at 5.5%, unchanged from August, based on a reference price of RM2,677.91 per tonne. Benchmark palm oil futures fell 1.2% to 2,633 ringgit at the prior close.

- Date: 2017-08-16 · published 2017-08-16T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/69313-malaysia-to-keep-september-crude-palm-oil-export-tax-at-5-5pc-malay-mail
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A steady export tax leaves Malaysian palm oil export costs unchanged for September, so the tax itself is not a new price shock. Palm oil supply to importers stays on its current trajectory.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-08-24 | [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 | 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 | 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 | 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% |

## Sources

- beta.malaymail.com: https://beta.malaymail.com/news/money/2017/08/16/malaysia-to-keep-september-crude-palm-oil-export-tax-at-5.5pc/1443601

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