Malaysia keeps crude palm oil export tax at 4.5 pct for October

September 17, 2013

KUALA LUMPUR, Sept 17 (Reuters) - Malaysia, the world's No.2 palm oil producer, has set its crude palm oil export tax for October at 4.5 percent, a government circular showed on Tuesday. The rate is unchanged since March.

The Southeast Asian country calculated a reference price of 2,306.11 ringgit ($700) per tonne for crude palm oil for October, effectively keeping the rate unchanged. ($1 = 3.2900 Malaysian ringgit) (Reporting by Anuradha Raghu; Editing by Muralikumar Anantharaman)