Commodity News
SunSirs: Malaysia Lowers Palm Oil Export Tax Rate to 9.5% in June
May 22 2025 14:03:52 SunSirs (Selena)
The customs notice released on the website of the Malaysian Palm Oil Board (MPOB) stated that Malaysia has set the export tax on crude palm oil for June at 9.5%, lower than the 10% in May.
The reference price for crude palm oil in June was set at 3,926.59 ringgit per ton (914.9 US dollars), lower than the reference price of 4,449.35 ringgit per ton in May (1,008.2 US dollars, at the time the exchange rate was 1 US dollar to 4.413 ringgit). This means that the palm oil export tax levied in June was $86.9 per ton, a decrease of 13.8% from $100.8 in May.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2025-10-13 SunSirs: Palm Oil Inventory in Malaysia Was 2.361 Million Tons at the End of September
- 2025-10-10 SunSirs: Positive Support, China Palm Oil Market Surged after the Holiday
- 2025-10-09 SunSirs: Malaysia's Palm Oil Inventories Are Expected to Fall for the first Time in Seven Months by the End of September
- 2025-09-28 SunSirs: The Inverted Range of Palm Oil Import Prices for China's October Shipping Schedule Expands
- 2025-09-28 SunSirs: China Palm Oil Market Oscillates and Falls in September
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