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Malaysia set its December crude palm oil reference price at RM4,259.70 per tonne, down from RM4,323.78 in November. The export duty remains at the maximum rate of 10%.
The lower reference price does not change the export duty, so it leaves Malaysia’s tax-related export costs broadly unchanged and has little direct effect on palm oil supply or prices.
After 513 past neutral policy events, Palm Oil 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.