Interdependence between Agricultural Futures: Evidence from Malaysian Physical CPO and CBOT Futures
Since palm oil and palm oil-based products remain as Malaysia’s largest contributor in terms of export earnings, this paper will focus on the price of Malaysian crude palm oil (CPO) paired together with Chicago Board of Trade (CBOT) agricultures futures commodities which include Soybean (SOY), Corn...
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| Format: | Article |
| Language: | English |
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INTI International University
2018
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| Online Access: | http://eprints.intimal.edu.my/1499/ http://eprints.intimal.edu.my/1499/1/v1_2018_35.pdf |
| _version_ | 1848766754566701056 |
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| author | Nuryasmin Wahida, Hamil |
| author_facet | Nuryasmin Wahida, Hamil |
| author_sort | Nuryasmin Wahida, Hamil |
| building | INTI Institutional Repository |
| collection | Online Access |
| description | Since palm oil and palm oil-based products remain as Malaysia’s largest contributor in terms of export earnings, this paper will focus on the price of Malaysian crude palm oil (CPO) paired together with Chicago Board of Trade (CBOT) agricultures futures commodities which include Soybean (SOY), Corn (CORN) and Soybean Oil (BO). All prices are then converted into return form. In order to identify the interdependence of both spot and future commodities, Vector Error Correction Model (VECM) approach have been used on the data. This paper also will show how Unit Root Test and Johansen Cointegration Test have been applied to this time series data. |
| first_indexed | 2025-11-14T11:56:10Z |
| format | Article |
| id | intimal-1499 |
| institution | INTI International University |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T11:56:10Z |
| publishDate | 2018 |
| publisher | INTI International University |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | intimal-14992021-05-10T07:56:09Z http://eprints.intimal.edu.my/1499/ Interdependence between Agricultural Futures: Evidence from Malaysian Physical CPO and CBOT Futures Nuryasmin Wahida, Hamil Q Science (General) SB Plant culture Since palm oil and palm oil-based products remain as Malaysia’s largest contributor in terms of export earnings, this paper will focus on the price of Malaysian crude palm oil (CPO) paired together with Chicago Board of Trade (CBOT) agricultures futures commodities which include Soybean (SOY), Corn (CORN) and Soybean Oil (BO). All prices are then converted into return form. In order to identify the interdependence of both spot and future commodities, Vector Error Correction Model (VECM) approach have been used on the data. This paper also will show how Unit Root Test and Johansen Cointegration Test have been applied to this time series data. INTI International University 2018 Article PeerReviewed text en http://eprints.intimal.edu.my/1499/1/v1_2018_35.pdf Nuryasmin Wahida, Hamil (2018) Interdependence between Agricultural Futures: Evidence from Malaysian Physical CPO and CBOT Futures. INTI JOURNAL, 2018 (35). ISSN e2600-7320 http://intijournal.intimal.edu.my/intijournal.htm |
| spellingShingle | Q Science (General) SB Plant culture Nuryasmin Wahida, Hamil Interdependence between Agricultural Futures: Evidence from Malaysian Physical CPO and CBOT Futures |
| title | Interdependence between Agricultural Futures: Evidence from Malaysian Physical CPO and CBOT Futures |
| title_full | Interdependence between Agricultural Futures: Evidence from Malaysian Physical CPO and CBOT Futures |
| title_fullStr | Interdependence between Agricultural Futures: Evidence from Malaysian Physical CPO and CBOT Futures |
| title_full_unstemmed | Interdependence between Agricultural Futures: Evidence from Malaysian Physical CPO and CBOT Futures |
| title_short | Interdependence between Agricultural Futures: Evidence from Malaysian Physical CPO and CBOT Futures |
| title_sort | interdependence between agricultural futures: evidence from malaysian physical cpo and cbot futures |
| topic | Q Science (General) SB Plant culture |
| url | http://eprints.intimal.edu.my/1499/ http://eprints.intimal.edu.my/1499/ http://eprints.intimal.edu.my/1499/1/v1_2018_35.pdf |