Macroeconomic factors that affect crude palm oil price in Malaysia / Azlan Taha Baharim

Baharim, Azlan Taha (2019) Macroeconomic factors that affect crude palm oil price in Malaysia / Azlan Taha Baharim. [Student Project] (Unpublished)


Crude palm oil (CPO) contributes significantly to the Malaysian economy. Malaysia currently holds the position as the world's second-largest palm oil producer after Indonesia. Malaysia and Indonesia are the largest and second largest producers and exporters of palm oil products in the world where together they contribute 83.5% of production and 89.6% of palm oil trade in the world. Both countries export CPO and processed palm oil (PPO). This research will study the macroeconomic factors that affect CPO price in Malaysia from 1999 to 2018. Through this research, the researcher can examine the relationships between the dependent variable, CPO price and independent variables, Exchange rate, Inflation, Money Supply and Gross Domestic Product (GDP). The research uses secondary data collected from the World Bank and Data stream, and applies Correlation Test, Descriptive Analysis, Augmented Dickey-Fuller test (ADF), Normality Test and Regression Analysis. Through this research, the researcher can conclude the findings and correlation between macroeconomic factors with CPO price in Malaysia.


Item Type: Student Project
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Baharim, Azlan Taha
Email / ID Num.
Thesis advisor
Uteh, Nor Fazlin
Subjects: H Social Sciences > HD Industries. Land use. Labor > Petroleum industry and trade
H Social Sciences > HG Finance > Money > Money and prices. Inflation. Deflation. Purchasing power
Divisions: Universiti Teknologi MARA, Johor > Pasir Gudang Campus > Faculty of Business and Management
Programme: Bachelor of Business Administration (Hons) Finance
Keywords: Crude palm oil price, Exchange rate, Inflation, UiTM Pasir Gudang
Date: December 2019
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