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Malaysian palm oil export taxes rose to 5.5% in June

  • Autor:Stander
  • Fuente:http://news.global56.com
  • Fecha de Publicación:2016-05-23
According to "nanyang commercial daily" reported on May 18, according to the Malaysian palm oil board (Malaysian), ma, June the original palm oil export tax will increase to 5.5%, up from 5% in May.Horse palm-oil bureau website, according to the original palm oil reference price in June as per ton 2625.18 ringgit, exceed 2250 ringgit per ton tax threshold.If the original palm oil prices at more than 2250 ringgit per ton, bureau of customs will levy 4.5% - 8.5% of tax according to the price level.As the original price of palm oil recovery, the maldivian government has in April, 5% of the original palm oil export taxes, over 11 months of zero export tax policy.