KUALA LUMPUR: Malaysia, the world's second-largest palm producer after Indonesia, will maintain its crude palm oil export tax at zero for the tenth consecutive month in February, a government circular showed.

The Southeast Asian nation calculated a reference price of 2,153.74 ringgit ($489.88) per tonne for February. A price above 2,250 ringgit per tonne incurs a tax, which starts from 4.5 percent and can reach a maximum 8.5 percent.

Copyright Reuters, 2016