Transmisi Asimetris Harga Tandan Buah Segar (TBS) Domestik dengan Harga Crude Palm Oil (CPO) Pasar Domestik

Mia Wananda Varwasih, Indah Kartika Sandra, Julia Mardalisa M

Abstract


Indonesia is the largest exporter of Crude Palm Oil (CPO) in the world, but global CPO prices are more influenced by demand from large countries and fluctuations in the Rotterdam market. This has an impact on the domestic price of Fresh Fruit Bunches (FFB) received by farmers, which follows the movement of CPO prices. This research aims to analyze the transmission of domestic FFB prices to CPO prices in the domestic market. The data used is secondary time series data of monthly FFB and CPO prices for 12 years (January 2010-December 2021), using the Asymmetric Error Correction Model (AECM) method. The results of the analysis show that there is asymmetric price transmission between domestic FFB prices and domestic CPO, where a decrease in CPO prices is not always followed by a decrease in FFB prices. When domestic CPO prices rise, domestic FFB prices take longer to follow the increase, whereas when CPO prices fall, FFB price adjustments occur more quickly.

Keywords


Asimetris, Harga, Transmisi, Domestik

References


Adelia Dwi Rahmawati, Dafa Riandana Puta, Muhammad Rizieq Zamzani, Indra Suhendra, & Cep Jandi Anwar. (2023). The Response Of Income Inequality To Monetary Policy Shock In Indonesia: A Vecm Approach. EKONOMIKA45 : Jurnal Ilmiah Manajemen, Ekonomi Bisnis, Kewirausahaan, 11(1), 300–313. https://doi.org/10.30640/ekonomika45.v11i1.1867

Azwar. (2016). The Impact of Exchange of Crude Palm Oil (CPO) Price on Export Value. Social Science Research Network, 1(13), 1–20.

Bogheiry, A., Thaha, M., & Rahmah, L. (2023). Global Dependence Analysis on Indonesian Palm Oil Production and Its Effect on Environmental Security Using the Copenhagen School Approach. Journal of World Science, 2(3), 466–482. https://doi.org/10.58344/jws.v2i3.243

Chrisnawan, R., & Norita. (2017). Analisis Prediksi Kebnagkrutan Menggunakan Metode Altman Z-Score, Grover dan Fulmer pada Industri Sub Sektor Perkebunan yang terdaftar di Bursa Efek Indonesia (Studi Kasus Perusahaan Perkebunan Kelapa Sawit Periode 2011-2015). E-Proceeding of Management, Vol. 4(1), 346–353.

Dinul, A. A., Lutfi, M., & Kurniawan, A. (2024). ANALISIS VARIABEL MAKROEKONOMI TERHADAP UTANG LUAR NEGERI INDONESIA : PENDEKATAN VAR. 36(2), 266–281.

Ekananda, M. (2023). Asymmetric Price Transmission of Some Basic Commodities in Indonesia. Media Ekonomi Dan Manajemen, 38(2), 343. https://doi.org/10.56444/mem.v38i2.3924

Fariz, M., Hasibuan, A., & Syah Putra, H. (2023). Analisis Persaingan Ekspor Biji Kopi Di Pasar Internasional. Agriprimatech, 7(1), 25–33.

GAPKI, G. P. K. S. I. (2023). Kinerja Industri Minyak Sawit Tahun 2023 & Prospek Tahun 2024. GAPKI. https://gapki.id/news/2024/02/27/kinerja-industri-minyak-sawit-tahun-2023-prospek-tahun-2024/

Gnagne, P. X., Simo-Kengne, B. D., & Manguzvane, M. M. (2024). The spillover and contagion effects of sovereign risk on stock markets. Economic Modelling, 141(October), 106921. https://doi.org/10.1016/j.econmod.2024.106921

Hilmiyah, F., & Supriono, A. (2022). Market Integration and Price Transmission of Cayenne Pepper in Indonesia. JSEP (Journal of Social and Agricultural Economics), 15(2), 209. https://doi.org/10.19184/jsep.v15i2.24690

Kementan RI. (2016). Statistik Perkebunan Unggulan Nasional 2021-2023 Statistical.

Kholid Mawardi. (2023). Dampak Nilai Tukar Mata Uang Terhadap Perdagangan Internasional. Maret, 2(1), 88–102. https://doi.org/10.58192/ocean.v2i2.959

Manurung, I., Bruemmer, B., & Kopp, T. (2019). Price Transmission in International Crude Palm Oil Markets: The Effects of Export Tax of Indonesia. 98(Icot), 69–73. https://doi.org/10.2991/icot-19.2019.15

Maslahatul, H., & Waffiyah, Q. (2024). PENGARUH DINAMIKA EKSPOR-IMPOR TERHADAP KETAHANAN. LABEL: Law, Accounting, Bussiness, Economics, and Languange, I(September), 336–349.

Novasari, H., Wananda, M., & Nofitasari, R. (2024). Performance Analysis of the Village Unit Cooperative ( KUD ) “ Suka Makmur ” Using the Balanced Score Card. 7(02), 129–137.

Pahlepi, R., Yanti, R. D., Enjelina, T., Aghnia, H., & Hidayati1, N. (2024). Perbandingan Model Vecm Dan Ecm Dalam Menganalisis Hubungan Antara Inflasi Dan Indeks Harga Konsumen. Journal Is Managed by the Mathematics Department of Bengkulu University., 2(2), 91–100. https://doi.org/10.33369/diophantine.v2i2.32044

Putra, H. S., & Siahaan, H. N. (2024). Commodity Regional Analysis and the Role of Smallholder Arabica Coffee Plantations in the Regional Development of North Sumatra Province. Jurnal Ilmiah Membangun Desa Dan Pertanian, 9(3), 212–221. https://doi.org/10.37149/jimdp.v9i3.1139

Salma Raivana, K. N., & Sani, S. F. (2024). Analisis Faktor-faktor yang Memengaruhi Volume Ekspor CPO Indonesia ke India. WELFARE Jurnal Ilmu Ekonomi, 4(2), 106–113. https://doi.org/10.37058/wlfr.v4i2.10194

Shantika Martha, E. W. D. E. S. ,. (2019). Analisis Kointegrasi Dan Error Correction Model Indeks Harga Konsumen Kota Pontianak Dan Singkawang. Bimaster : Buletin Ilmiah Matematika, Statistika Dan Terapannya, 8(1), 97–102. https://doi.org/10.26418/bbimst.v8i1.30602

Siahaan, H. N., Hasibuan, M. F. A., Nofitasari, R., & Putra, H. S. (2024). Strategi Peremajaan Sawit Rakyat dan Pengembangan Usaha KUD Sumber Makmur Menggunakan Pendekatan Business Model Canvas. 10, 2077–2084. https://doi.org/http://dx.doi.org/10.25157/ma.v10i2.13938

Stone, J., & Rahimifard, S. (2018). Resilience in agri-food supply chains: a critical analysis of the literature and synthesis of a novel framework. Supply Chain Management, 23(3), 207–238. https://doi.org/10.1108/SCM-06-2017-0201

Varwasih, M. W., Darjanto, A., & Hidayat, N. K. (2023). Integrasi Pasar Tandan Buah Segar (TBS) Petani Swadaya Kelapa Sawit Provinsi Jambi-Indonesia dengan Crude Palm Oil (CPO) Internasional. Agro Bali : Agricultural Journal, 6(3), 793–805. https://doi.org/10.37637/ab.v6i3.1461

Zuhdi, D. A. F., Abdullah, M. F., Suliswanto, M. S. W., & Wahyudi, S. T. (2021). The Competitiveness of Indonesian Crude Palm Oil in International Market. Jurnal Ekonomi Pembangunan, 19(1), 111–124. https://doi.org/10.29259/jep.v19i1.13193




DOI: http://dx.doi.org/10.25157/ma.v11i1.16794

Refbacks

  • There are currently no refbacks.


Copyright (c) 2025 Mia Wananda Varwasih, Indah Kartika Sandra, Julia Mardalisa M

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

___________________________________________________________________________________

Diterbitkan Oleh :

Fakultas Pertanian Universitas Galuh

Jl. RE Martadinata No. 150 Ciamis 46274

Telepon: 0265-7602739

Email: mimbaragribisnis@gmail.com

 

Ciptaan disebarluaskan di bawah Lisensi Creative Commons Atribusi 4.0 Internasional.

 __________________________________________________________________________________

Mimbar Agribisnis: Jurnal Pemikiran Masyarakat Ilmiah Berwawasan Agribisnis diindeks oleh: