Factorization of crude palm oil price in Malaysia

This research is to define the factors that can influence the price of crude palm oil in Malaysia. The link between crude palm oil prices that can be used is macroeconomics factors. This will improvise the result of this study. The main objectives of this research are to identify the factors that can influence the price of CPO in Malaysia and to determine the most influential factor of CPO price. This research is using time series method since this study is from 1980 until 2017, which is comprises 38 years. All the data obtained be standardize in annually. The dependent variable is CPO price and independent variables used are production, import, inflation and gross domestic product. All determinants are determined to have a positive relationship with CPO price in Malaysia.