Malaysia keeps June crude palm oil export duty at 8%, raise reference price

KUALA LUMPUR: Malaysia has maintained its June export tax for crude palm oil at 8% and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Thursday.

The world's second largest palm exporter calculated a reference price of RM4,144.31 per tonne for June. The May reference price was RM4,063.58.

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