An Empirical Research on the Relationship of the Palm Oil Futures Prices between China and

Abstract—Malaysia is a major producer and exporter of palm oil in the word while China is a major importer and consumer. In order to study the relationship of the palm oil futuers prices between Buras Malaysia Derivatives (BMD) and Dalian Commodity Exchange (DCE), this article used a series methods such as correlation coefficient, Augmented Dickey-Fuller and Johansesn Cointegration Tests, Granger Causality Tests, Variance Decomposition and Impuls