Malaysia raises June CPO reference price to RM4144.31/ton. Retains export tax at 8% | Malaysia CPO ref px Canva

 

Malaysia’s calculated CPO reference price for June was set at RM4144.31/ton or RM80.73 higher than the previous month but the export tax was retained at 8% for the 30th successive month. May reference price was RM4063.58/ton

Export tax structure starts at 3% for CPO at the RM2250 to 2400/ton bracket. The maximum tax rate of 8% becomes effective when the reference price exceed RM3450/ton.

CPKO is taxed at a flat rate of 10% and RBD PKO at 5% of the selling price.

For CPO export tax reference. See MPOB website.