IJAIR NAAS Score : 3.99 ,ISSN : 2319-1473

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IJAIR NAAS Score : 3.99 (2016 - 2020)
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"Submissions Open For Vol. 14,Issue 6, May - June, 2026"


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IJAIR NAAS Score : 3.99 (2016 - 2020)
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Analysis of Mean Relative Marketing Margins for Technical and Special Palm Oil across Three Urban Markets in Cross River State, Nigeria

J. A. Igiri; A. J. Arigor; J. I. Bassey; O. G. Edet
The study carried out a Comparative Analysis of Mean Relative Marketing Margins for Technical and Special Palm Oil across the three case-study markets of Akim, Ika-Ika Oqua Markets in Calabar Municipality and Bogobiri market in Calabar South Local Government Area respectively . Specifically, this study was to find out the market organisation and structure in the three markets, estimate and compare the mean relative marketing margins for technical palm oil (TPO) and special palm oil (SPO) over time and to find out whether the prices of TPO and SPO were strongly linearly correlated. Data for this study were primary data collected from forty – four purposively sampled traders. The differences between and among means model and correlation analysis were used for the analysis. Results from the research showed that the palm oil traders in the three markets (Akim, Ika-Ika Oqua and Bogobiri) belonged to unions known as beaches, the structure and organization was found to be oligopolistic in nature. The sum of N10,000, N30,000 and N15,000 were paid as membership registration fee across the three markets respectively, while the selling prices of TPO and SPO was determined by the Unions. The mean relative marketing margin for TPO was 9.96%, 8.86% and 37.19% in Akim, ika-Ika Oqua and Bogobiri while that of SPO was 11.25% and 12.39% in Akim and Ika-Ika Oqua respectively. The price for TPO and SPO were found to be linearly correlated and the correlation coefficient was 0.997 and 0.992 for Akim and Ika-Ika Oqua respectively.
Select Volume / Issue:
Year:
2015
Type of Publication:
Article
Keywords:
Marketing Margin; Correlation Analysis; Market Structure; Oligopoly
Journal:
IJAIR
Volume:
4
Number:
2
Pages:
323-327
Month:
September
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