ANALYSIS OF THE EFFECT OF OIL PRICES ON PRICES OF PLASTIC SEED RAW MATERIALS

Maula Tri Wahyuni; Trias Marita Uswatun Chasanah; Risqy Maudy Inayah; Menur Kusumaningtyas

doi:10.61796/ijeirc.v1i4.93

Authors

Maula Tri Wahyuni STIE Mahardhika Surabaya
Trias Marita Uswatun Chasanah STIE Mahardhika Surabaya
Risqy Maudy Inayah STIE Mahardhika Surabaya
Menur Kusumaningtyas STIE Mahardhika Surabaya

DOI:

https://doi.org/10.61796/ijeirc.v1i4.93

Keywords:

analisis regresi, bahan baku biji plastik, harga minyak bumi, industri plastik, strategi pengelolaan risiko

Abstract

This research aims to analyze how the price of petroleum influences the price of plastic pellet raw materials. The method used is linear regression analysis to evaluate the relationship between crude oil prices and plastic pellet raw material prices, taking into account other factors such as government policy and production efficiency. The research results show that there is a significant positive correlation between the price of petroleum and the price of plastic pellet raw materials. These findings emphasize the importance of effective risk management and purchasing strategies for companies in the plastics industry to deal with fluctuations in petroleum prices. This research can provide important insights for stakeholders in the plastics industry to optimize strategic and operational decisions.

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