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Modeling Rubber Prices as a GBM Process


  • Department of Mathematics, Faculty of Science, Universiti Putra Malaysia, 43400 UPM Serdang, Selangor, Malaysia


This paper shows that the prices of rubber type SMR and type centrifuged latex can be modeled as a geometric Brownian motion process. A numerical simulation of the prices of the rubbers is given to illustrate the approach.


Forecasting, Geometric Brownian Motion, Numerical Simulation, Rubber Prices.

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