KUALA LUMPUR: Malaysia, the world’s second-largest palm producer after Indonesia, will maintain its crude palm oil export tax at zero for the 10th consecutive month in February, a government circular showed.
The Southeast Asian nation calculated a reference price of RM2,153.74 per tonne for February.
A price above RM2,250 per tonne incurs a tax, which starts from 4.5% and can reach a maximum 8.5%.
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