(crude palm oil ) export tax at 6.5 per cent in November, unchanged from October, according to a circular on the Malaysian Palm Oil Board website.
The board calculated a reference price of MYR2,865.40 (USD689.63) per tonne for November.
A price above MYR2,250 incurs a tax, which starts from 4.5 per cent and can reach a maximum of 8.5 per cent.
