1.) Bursa Malaysia active month shifts to January 2023—The most active or benchmark month will shift to January 2023 from December 2022 on Monday trade. Meanwhile, the front-month October 2022 will expire at the end…
2.) ITS, Amspec and SGS 1-15 and 1-20 October Malaysia export—Exports could see…
3.) SPPOMA 1-15 and 1-20 October production—Production in the first half and 20 days of the month is expected to be…
4.) Malaysia November CPO reference price and export tax—As expected November reference price fell from the previous month but the top rate tax of 8% was maintained. November reference price was set at RM3575.80/ton or down RM457.71 from the October rate of RM4033.51/ton. The duty payable decreased by RM36.60 to RM286 or US$61.40 on per-ton of CPO exported in November. Malaysia’s CPO export tax has remained unchanged at 8% for 23 consecutive months. The starting tax rate of 3% kicks in when the reference price exceeds RM2250/ton. CPO spot month averaged RM3653/ton from 13 Sept to 13 Oct or down RM423 or 10.38% from the same period in the prior month.
5.) Indonesia CPO reference price for 16-31 October and export tax—Indonesia’s CPO reference for the second half of October is…
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