Malaysia keeps its zero export duty on palm oil for another month
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Malaysia keeps its zero export duty on palm oil for another month

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Consulting Agency UkrAgroConsult

UkrAgroConsult

The government of Malaysia has decided to keep its export duty on crude palm oil unchanged at 0% for another month, until the end of July 2019.

For July, the minimum purchase price for the product in Malaysia was set at MYR 1970/MT (some USD 474.69/MT) with any price above MYR 2250/MT incurring a duty, reports UkrAgroConsult.

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Please be reminded that on September 5, UkrAgroConsult will host a major meeting point of the oilseed industry operators - the 7th International Conference “Black Sea Oil Trade-2019” in Hilton, Kyiv, Ukraine.

‘Black Sea Oil Trade’ conference annually brings together key players of the global agribusiness at the start of a new oilseed season. The goal of the conference is to discuss prospects and directions of the Black Sea and global oilseed market development, exchange international contacts, share recommendations for adapting business strategies in the changing market and global trade.

More than 250 delegates from 25+ countries attend the conference annually. Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of veg oils, investment companies, banks, legal, shipping, brokerage, insurance, surveyor and other companies.

 

UkrAgroConsult.

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