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Indonesia's Crude Palm Oil Zero Export Tariff Remained for Three Months, Malaysia Has Raised It to 5%

China Agriculture Report By CnAgri2018-05-16 10:21:17China Agriculture Report Print
Keywords:Oilseeds Grains Feed
Indonesia’s export tariffs of crude palm oil remained zero in May because the price was below the threshold of 750 US$/ton.
In order to boost palm oil prices, Malaysia raised its export tariffs on crude palm oil from 0 to 5% in May, with a reference price of 2,410 MYR/ton in May, higher than the threshold of 2,250 MYR/ton.
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