Monday, September 2, 2013

Malaysia reserves palm oil export duty unchanged

Malaysia reserves palm oil export duty unchanged
oilworld.ru. The Malaysian government has decided to leave the rate of duty on palm oil exports at 4.5% in September.

Thus, the rate of duty remains unchanged from March. Malaysian palm oil production in July increased by 18% compared to previous month, while exports increased slightly - by only 0.6%.

As a result, stocks of oil in Malaysia increased by 1% for the first time in seven months.

Written by

0 comments:

Post a Comment

You are welcome to contribute comments, but they should be relevant to the post and the conversation that ensues. To keep comment exchanges focused and engaging, we reserve the right to delete off-topic remarks. So please avoid these. Self-promotional URLs are allowed with relevant comment.

Note: Only a member of this blog may post a comment.

© 2013 trade key news. All rights resevered. Designed by Templateism