KUALA LUMPUR, Oct. 17 (Xinhua) -- Malaysia, the world's second-largest Palm Oil producer, on Tuesday maintained its Crude Palm Oil (CPO) export duty for November at 8 percent.
According to a circular on the Malaysian Palm Oil Board (MPOB), the CPO reference price for November has been lowered to 3,556.08 ringgit (751.50 U.S. dollars) from 3,710.50 ringgit in October.
Based on the tax structure, no export
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