The determination of crude palm oil futures (FCPO) price in Malaysia / Rabiatul Husna Zahari
Malaysia is the second-largest global palm Oil exporter after Indonesia. Crude palm oil futures (FCPO) is a futures contract traded on Bursa Derivatives Malaysia, providing market participants a global price benchmark for the Crude Palm Oil Market. The objective of this research is to find out wheth...
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| Format: | Thesis |
| Language: | English |
| Published: |
2022
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/98581/1/98581.pdf |
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| Summary: | Malaysia is the second-largest global palm Oil exporter after Indonesia. Crude palm oil futures (FCPO) is a futures contract traded on Bursa Derivatives Malaysia, providing market participants a global price benchmark for the Crude Palm Oil Market. The objective of this research is to find out whether the economic variable has a correlation with the FCPO price in Malaysia. Regarding this study, there are many factors that influence the FCPO price movement in Malaysia. There are four factors highlighted in this research which are gross domestic product (GDP), inflation rate, olive oil price, and sunflower oil price. In this study, will be using Eviews to test the hypothesis. The secondary data will be gone through a few assumptions tests such as multicollinearity test, normality test, white test for heteroscedasticity, and more. Correlation analysis and multiple linear regression will also be conducted to reveal the findings. The secondary data from 1991 to 2020 is obtain yearly and the total of the observations is 30. Furthermore, a multiple regression mode' is use to analyse the influence of each factor on the dependent variable. A solid understanding of this discussion wit be extremely useful to the investors who make options in FCPO under the Bursa Derivative Market. From the findings in this study, can see only the sunflower oil price is significant to the palm oil futures (FCPO) price. Meanwhile, the other three variables; GDP, inflation rate, and olive oil price are not significant, |
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