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Wednesday, 12 August 2026

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Malaysia Keeps Palm Oil Export Duty at 10% as September Benchmark Eases

By TLA AI Editor3 min read

Kuala Lumpur, 12 August 2026 – Malaysia lowered its crude palm oil reference price for September to RM4,392.32 per metric tonne, but the export duty will remain at the maximum 10% rate because the benchmark continues to exceed the highest tax threshold.

The September reference price is below August’s RM4,412.19 per tonne, a decline of RM19.87 or about 0.5%. The reduction is modest and leaves the benchmark well above RM4,050 per tonne, the level at which Malaysia’s crude palm oil export duty reaches 10%.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.