studied the
movement of palm oil prices in Thailand, and found the
factors that affect palm oil prices that palm oil farmer sold was
the price of CPO wholesale in Bangkok Thailand, CPO prices
in Malaysia and the price of soybean that palm oil farmer sold.
Factors that affected the volume of palm oil product were the
harvested area, consumption of palm oil, price of palm oil that
palm oil farmer sales and the price of soybean that palm oil
farmer’s sold. Chitwadee [3] considered the relationship of the
markets at various levels, The foreign countries were Malaysia
and Bangkok Thailand and local markets were Krabi, Surat
Thani and Chumphon. The result of the relationship analysis
of palm oil prices in Thailand found that 5 markets had longterm relationships. The foreign price of crude palm oil
affected the purchase price in local markets which meant
upper markets would decide the prices of lower markets. At
the local market level, only the purchase price in Chumphon
affected the purchase price in Surat Thani. Keittisak [4]
forecasted palm oil prices by considering inputs namely palm
oil15%, palm oil17%, grade A palm oil, the price of diesel
fuel and exchange rate the baht against the US dollar. Then
forecasted palm oil prices by Neural networks polynomial
method and Genetic algorithm found that the average
deviation quadratic was better than Neural networks with the
back propagation method. Aranya [5] analysed the palm oil
situation and found that fluctuations of palm oil in 2013 came
from various factors such as products and the world
studied themovement of palm oil prices in Thailand, and found thefactors that affect palm oil prices that palm oil farmer sold wasthe price of CPO wholesale in Bangkok Thailand, CPO pricesin Malaysia and the price of soybean that palm oil farmer sold.Factors that affected the volume of palm oil product were theharvested area, consumption of palm oil, price of palm oil thatpalm oil farmer sales and the price of soybean that palm oilfarmer’s sold. Chitwadee [3] considered the relationship of themarkets at various levels, The foreign countries were Malaysiaand Bangkok Thailand and local markets were Krabi, SuratThani and Chumphon. The result of the relationship analysisof palm oil prices in Thailand found that 5 markets had longterm relationships. The foreign price of crude palm oilaffected the purchase price in local markets which meantupper markets would decide the prices of lower markets. Atthe local market level, only the purchase price in Chumphonaffected the purchase price in Surat Thani. Keittisak [4]forecasted palm oil prices by considering inputs namely palmoil15%, palm oil17%, grade A palm oil, the price of dieselfuel and exchange rate the baht against the US dollar. Thenforecasted palm oil prices by Neural networks polynomialmethod and Genetic algorithm found that the averagedeviation quadratic was better than Neural networks with theback propagation method. Aranya [5] analysed the palm oilsituation and found that fluctuations of palm oil in 2013 camefrom various factors such as products and the world
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