Impact of the Russia-Ukraine conflict on the quality and quantity of Malaysia’s palm oil production: A time series analysis

Abstract

This study investigates the effects of the Russia-Ukraine conflict on the quality and quantity of Malaysia’s palm oil production through a time series analysis. The study uses three primary factors to evaluate palm oil production: the Monthly Oil Extraction Rate (OER), the Monthly Fresh Fruit Bunch (FFB) Yield, and the Monthly Oil Exports. The results indicate that the Russia-Ukraine conflict significantly impacted the quality and quantity of palm oil production in Malaysia. Marginal declines in both the quality and quantity of palm oil produced at the onset of the conflict indicate a slight but significant decline in palm oil production during the next four-year period.