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STS425 Arifah B. et al.
3. Results
3.1 Historical Prices of Crude Palm Oil (CPO)
650 600
closing prices of Crude Palm oil 550 500 450
350 400
2012 2013 2014 2015 2016 2017 2018
Year
Figure 1 CPO Prices (1 June 2012 until 31 May 2018 ) and ACF
Table 1: Descriptive statistics of CPO closing prices
Mean 506.20
Median 514.6
Standard deviation 62.84
Skewness 0.0394
Kurtosis 2.418
Coeff of Variation 0.124
192 | I S I W S C 2 0 1 9
