KUALA LUMPUR, March 23 (Xinhua) — Malaysia, the world’s second-largest palm oil producer, has maintained its crude palm oil (CPO) export tax at 8 percent.
The country has also raised its CPO reference price to 4,031.45 ringgit (912 U.S. dollars) in April, from 3,710.35 ringgit in March, a circular on the Malaysian Palm Oil Board website showed on Thurday.
Based on the tax structure, no export duty will b