MENCERMATI GEJOLAK MAKRO GLOBAL
Abstract: Since mid 2007 the
world economy faced huge fluctuation that force the fundamentalchange in global
economy structure. The price of oil reached US 147 per barrel, followed
byagricultural commodities such as CPO, potatoes, soy bean , cereals and even
milk or vegetables.The objective of this paper is to study primary factors that
influence the price of almost allcommodities, not only fundamental factors such
as demand and supply, but also non-fundamental factors. The result of the study
in terms of fundamental factors showed that sky-rocketing of oil and
commodities were combination of the increasing demand from AsianCountries -
especially China and India – which is not by supply. The situation is made
worseby non-fundamental factors such as economi downturn of American economy;
geo-politicswhere every country tried to save their interest; and speculation
in oil and commoditiesmarket.
Penulis: Deliarnov
Kode Jurnal: jptindustridd080019
