This means that the prices of CPO
1. Data collection
2. Finding the relationship between Palm oil and other
variables
3. Build the model for forecasting
4. Testing the Model
5. Conclusion
in each market have a close relationship. They set the price of
CPO in Bangkok, Thailand was dependent on the variable (y),
The independent variable (x) is the price of pure palm oil in
Thailand and Malaysia. The price of soybean oil, the price of
ribbed smoked sheet grade 3 and the price of biodiesel is
shown in fig 4.