The impact of crude oil prices on edible oil prices in Malaysia / Mohd Nazrin Mohd Shahril

• Main Author: Mohd Shahril, Mohd Nazrin
• Format: Student Project
• Language: English
• Published: 2019
• Subjects: Competition. Production. Wealth; Consumption (Economics); Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product
• Online Access: http://ir.uitm.edu.my/id/eprint/39553/1/39553.pdf; http://ir.uitm.edu.my/id/eprint/39553/

This paper has investigated the impact of crude oil prices on edible oil prices in Malaysia. This research that been conducted by using secondary data where sources are collected from Index Mundi, Malaysia Palm Oil Board and Worldbank which covered the duration from year 1999 until 2017 by using monthly basis. Therefore, Crude Oil Price (CRUDE) will be the dependant variable while Palm Oil Price (PALM), Soybean Oil Price (SOYBEAN) and Coconut Oil Price (COCONUT) as independent variable in this research. The result shows that the independent variables have positive and negative relationship toward dependent variables in this study.