KUALA LUMPUR (Reuters) – Malaysia has maintained its October export tax for crude palm oil at 8% and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Thursday.
The world’s second largest palm exporter calculated a reference price of 4,033.51 ringgit ($890) per tonne for October. The September reference price was 3,907.51 ringgit ($862.20) a tonne.
($1 = 4.5320 ringgit)
(This story was refiled to correct story date in dateline from Oct to Sept)
(Reporting by Mei Mei Chu; Editing by Martin Petty)
