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Malaysia extended zero export duty on palm oil

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The government of Malaysia has decided to once again extend zero duty on palm oil exports from the country, this time until the end of June 2019, reports UkrAgroConsult.

Export duty shall be charged if domestic price for palm oil in Malaysia hits or exceeds 2,250 ringgits per MT.

The export duty on palm oil in Malaysia has been at zero percent since September 2018.

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