Factors that affect the price of crude palm oil in Malaysia / Nur Hasyimah Nor Azman

According to Malaysia represented 25.80 0 and -34.3 0 0 of world's palm oil production and expons, respectively. Whenever considered of different oils and lots created in the country, Malaysia represented 9. I % and 19.7% of the world's total production and exports of oils and fats in the same year. The purpose of this this study is to investigate the connection before the price of crude palm oil and the production of crude palm oil, expend of crude palm oil, inventories of crude palm oil, price of brent crude oil, price of soybean oil and price of oil in view of the supply and demand hypothesis. The market interest hypothesis expresses that the inventory elements will have a negative relationship towards price and the interest variables have a positive relationship towards price. 'I’ll is study used Standard Least Square technique by utilizing month to month information for 10 years from 201 1 to 2020. The discoveries of this study bring about a consequence outcome that the price of Brent crude oil isn't huge in impacting the price of crude palm oil. As per earlier exploration by Ab Rahman et al. (2017) and Abdullah, Abas, and Ab Rahman the price of brent crude oil had connected with the price of crude palm oil since the execution of biodiesel in 2006.