Factors Affecting of Price the Fluctuations of Fresh Fruit Bunches in Langkat Regency

Agustian Harianto; Mhd Asaad; Mhd Buhari Sibuea; Faiz Ahmad Sibuea; Mukhlis Mukhlis

doi:10.63922/ijebir.v3i06.1471

Agustian Harianto Master of Agribusiness Study Program, Faculty of Agriculture, Islamic University of North Sumatra
Mhd Asaad Master of Agribusiness Study Program, Faculty of Agriculture, Islamic University of North Sumatra
Mhd Buhari Sibuea Master of Agribusiness Study Program, Faculty of Agriculture, Islamic University of North Sumatra
Faiz Ahmad Sibuea Department of Agribusiness, Faculty of Agriculture, University of Medan Area
Mukhlis Mukhlis Agribusiness Study Program, Department of Agriculture Business, Politeknik Pertanian Negeri Payakumbuh, Lima Puluh Kota

DOI: https://doi.org/10.63922/ijebir.v3i06.1471

Keywords: Fresh Fruit Bunches; Crude Pal Oil; Price; Fluctuation

Abstract

The purpose of this study was to determine the effect of Fresh Fruit Bunch production, Crude Palm Oil price and precipitation on Fresh Fruit Bunch prices. The research method used is a qualitative method, where the research was conducted in Langkat Regency. This study uses secondary data, so data collection is done by the documentation method by taking data from related agencies. The data analysis method used is quantitative descriptive analysis method using multiple linear regression analysis. The results showed that the production factors of Fresh Fruit Bunches, Crude Palm Oil prices and rainfall had a significant influence on Fresh Fruit Bunch prices. The finding of this study is that Fresh Fruit Bunch price has a significant influence on fluctuations in Fresh Fruit Bunch price. This study concludes that the factors that have a significant effect on Fresh Fruit Bunch prices are Fresh Fruit Bunch production, Crude Palm Oil prices and rainfall.