The relationship of Malaysian economics variables and crude palm oil price / Atiqah Abuza

• Main Author: Abuza, Atiqah
• Format: Thesis
• Language: English
• Published: 2022
• Subjects: Business cycles. Economic fluctuations. Economic indicators; Money and prices. Inflation. Deflation. Purchasing power; Palm oil
• Online Access: https://ir.uitm.edu.my/id/eprint/99654/1/99654.pdf; https://ir.uitm.edu.my/id/eprint/99654/

Crude palm oil (CPO) is a significant contributor to Malaysia's economy. Malaysia is currently the world's second largest producer and exporter of palm oil, trailing only Indonesia. However, there is uncertainty around the price of CPO, and the pattern indicates significant volatility over the last decade. The purpose of this study is to analyse the link and relationship of four economics variables on the Malaysian CPO price, specifically the exchange rate (EXC), inflation (INF), money supply (M3), and gross domestic product (GDP). The emphasis is on macroeconomic factors affecting CPO prices in Malaysia between 2010 and 2020. Secondary data from the World Bank is incorporated into the study. The data are analyzed using descriptive statistics, correlation, and normality test. The researcher may conclude from this research that there is a relationship between macroeconomic conditions and CPO prices in Malaysia.