# Malaysia lowers December crude palm oil reference price, maintains duty at 10pct

> 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%.

- Date: 2026-11-11 · published 2026-11-11T12:06:57.168Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/93385-malaysia-lowers-december-crude-palm-oil-reference-price-maintains-duty-at-10pct
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

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.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| PALMOIL | 2025-10-14 | [Malaysia Adjusts November Crude Palm Oil Reference Price to Sustain 10% Export Duty \| Tridge Insights](https://feedsoft.ai/events/15522-malaysia-adjusts-november-crude-palm-oil-reference-price-to-sustain-10-export.md) | -0.2% | -7.3% |
| PALMOIL | 2023-09-19 | [Malaysia Maintains October Export Duty for Crude Palm Oil at 8%](https://feedsoft.ai/events/15703-malaysia-maintains-october-export-duty-for-crude-palm-oil-at-8.md) | -0.4% | -3.1% |
| PALMOIL | 2025-04-25 | [Palm Oil Magazine - Malaysia Keeps CPO Export Tax at 10% for May, Lowers Reference Price - Palm Oil Magazine](https://feedsoft.ai/events/15567-palm-oil-magazine-malaysia-keeps-cpo-export-tax-at-10-for-may-lowers-reference.md) | -1.9% | -3.6% |
| 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% |

## Sources

- nst.com.my: https://www.nst.com.my/business/economy/2026/11/1575513/malaysia-lowers-december-crude-palm-oil-reference-price-maintains
- thestar.com.my: https://www.thestar.com.my/business/business-news/2026/11/11/malaysia-lowers-december-crude-palm-oil-reference-price-maintains-duty-at-10

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