Macroeconomic determinants of natural rubber price in Malaysia / Nur Diyana Said

Said, Nur Diyana (2019) Macroeconomic determinants of natural rubber price in Malaysia / Nur Diyana Said. [Student Project] (Unpublished)


Natural rubber has been a predominant primary industry in Malaysia where it contributes to economic growth to the country and natural rubber has also been a major export product mainly to China, EU countries and the United States. However price volatility of natural rubber has drawn concern towards the nation because it will indirectly affect the whole industry players; the government, market traders and farmers included. In the year 2015-2016 Malaysia has faced a dropped in Standard Malaysia Rubber 20 (SMR20) price, and it was forecasted that Malaysia will again face price reduction in 2022 due to oversupply of natural rubber. This issue will cause a threat towards economic progressive of the industry as rubber is an important commodity in Malaysia and many households income that depends on this industry will react on the increase or decrease of rubber price performance. Secondary data that is obtained from Datastream, and Malaysian Rubber Board for SMR20 price will be used for this study on quarterly basis from 2006-2018. Several data analysis will be used such as descriptive analysis, and multiple regression analysis. This research paper found that the macroeconomic determinants that affect natural rubber price in Malaysia are gross domestic product (GDP) and exchange rate


Item Type: Student Project
Email / ID Num.
Said, Nur Diyana
Email / ID Num.
Thesis advisor
Uteh, Nor Fazlin
Subjects: H Social Sciences > HD Industries. Land use. Labor > Agricultural industries > Rubber 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: Natural rubber price, Inflation, Exchange rate, UiTM Pasir Gudang
Date: December 2019
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