Economic factors affecting price of Crude Palm Oil (CPO) in Malaysia / Nur Ainaa Sofeiah Mohamad Emran
Palm oil sector is one of the crucial revenue earners for Malaysia's economy after the electrical and electronic, petroleum and chemicals industries (MATRADE, 2021). Palm oil has been used in various sectors which are foods, cosmetics as well as being processed into biodiesel to be blended with...
محفوظ في:
| المؤلف الرئيسي: | |
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| التنسيق: | أطروحة |
| اللغة: | English |
| منشور في: |
2022
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| الموضوعات: | |
| الوصول للمادة أونلاين: | https://ir.uitm.edu.my/id/eprint/96281/1/96281.pdf |
| الوسوم: |
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| الملخص: | Palm oil sector is one of the crucial revenue earners for Malaysia's economy after the electrical and electronic, petroleum and chemicals industries (MATRADE, 2021). Palm oil has been used in various sectors which are foods, cosmetics as well as being processed into biodiesel to be blended with petro-diesel as an alternative renewable fuel. A typical commodity market, like palm oil, faces fluctuation in its key variables. like price. As suggested by the cobweb theorem, the causes of price fluctuation in a commodity market are mainly attributed to its supply and demand (Zabid, Abidin, Applanaidu, 2017). Thus, the purpose of this research is to investigate the relationship between the price of crude palm oil (CPO) and macroeconomic factors. Thus, the aim of this study is to find the significant relationship between the price of CPO and the production of CPO, export of CPO, and inventory of CPO based on the supply and demand theory. |
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