• the other oil price the problem with palm oil press machine global
  • the other oil price the problem with palm oil press machine global
  • the other oil price the problem with palm oil press machine global
  • the other oil price the problem with palm oil press machine global
  • Does Malaysia's palm oil price respond to the movement of World palm oil?
  • This finding indicates that the Malaysia’s palm oil price also responds to the movement of the world palm oil price, although Malaysia is one of the largest producers and exporters of the palm oil in the world market. Figure 5 shows the responses of the palm oil price to the internal shocks.
  • How does a shock to the world crude oil price affect palm oil?
  • From Figure 4, a shock to the world crude oil price significantly affects the palm oil price movement in Malaysia. The palm oil price initially shows a positive and significant response in the first quarter before subsiding in the second quarter. It responds positively and significantly again after the eight quarters.
  • Do external and internal factors affect palm oil price in Malaysia?
  • Thus, understanding external and internal factors that may affect the palm oil price is vital to the industry players for sustainability of their activities. This study investigates relative importance of external and internal shocks on the movement of palm oil price in Malaysia.
  • What happened to palm oil?
  • Palm oil disappeared from store shelves as citizens began hoarding. The government ratcheted up the pressure on producers and raised taxes on exports. Palm oil reappeared in the markets, but at nearly double the price it had been in November.
  • Why is palm oil so expensive?
  • The shortage has created runs on sunflower oil in both countries, with grocery stores rationing sales after shelves were cleared of all supplies, and some restaurants in Germany taking fries off the menu. The factors behind palm oil's recent price surge are not quite so clear-cut.
  • What factors affect the palm oil price movement?
  • This finding is supported by most of the past literature (Ismail et al. 2019; Zakaria et al. 2017; and Hassan and Nambiappan 2016) which reveals that the palm oil substitute goods is the main factor that affects the movement of palm oil price. Similarly, the world palm oil price also plays a vital role in affecting the palm oil price movement.