Abstract—This research aims to study the factors affecting the
reliability of the price of palm oil in Thailand. Palm oil can be used
as a raw material to produce biodiesel and used as a renewable
energy for diesel fuel which demands higher prices because of the
price of crude oil. Researchers propose the factors affecting the
reliability of the price of Palm Oil by building and analysing a model
for forecasting the concept of a system’s structure data analysis
which is linked to studying the behaviour of Palm Oil prices. Palm
Oil prices always follow these factors that effect and cause problems
in understanding the result of palm oil prices. Being able to
understand the factors that affect the palm oil price can provide an
indication of the direction of an accurate price.