The factor affecting crude palm oil price in Malaysia / Ezza Nazzira Roslan
Crude palm oil (CPO) has the highest yielding vegetables oil crop making it extremely productive. Malaysia is the one of the world's biggest palm oil exporter. As the proof, in 2020, Malaysia represented 25.8% and 34.3% or world's palm oil creation and products, separately. Whenever consid...
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| Main Author: | |
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| Format: | Thesis |
| Language: | English |
| Published: |
2022
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| Online Access: | https://ir.uitm.edu.my/id/eprint/99784/1/99784.pdf https://ir.uitm.edu.my/id/eprint/99784/ |
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| Summary: | Crude palm oil (CPO) has the highest yielding vegetables oil crop making it extremely productive. Malaysia is the one of the world's biggest palm oil exporter. As the proof, in 2020, Malaysia represented 25.8% and 34.3% or world's palm oil creation and products, separately. Whenever considered of different oils and fats created in the country, Malaysia represented 9.1 and 19.7 of the world's all out creation and products of oils and fats around the same time MPOC (2021). As a results palm oil is the world's least expensive vegetable oil. There are many components that might influence the progression of crude palm oil price in Malaysia. It could be influenced by inward or outer elements. The study look at relationship between crude palm oil price and independent variables found in this study which is export , production, exchange rate and soybeans oil price. The review directed showed that the majority of the factor that affecting the fluctation of crude palm oil price in Malaysia from the year 2010 until 2020 which drastically has affected many changes in palm oil prices. The approach used to quantify the outcome is by utilizing Eviews program. The multipe linear regression test is been conducted through using t-test and f-fest. Under the assumption test conducted, it was included R-squared and normality test.
Keyword: Crude palm oil price, Export, production, exchange rate, soybeans oil price. |
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