Akwa Ibom. #7500-8000

Calabar #8000-8500

Callmeboss:
Akwa Ibom. #7500-8000

Calabar #8000-8500

Hello... Pls is d price still going to drop because I thought April is d glut period? Thanks!

donparosky:
OK guys Here we go.... price updates it's 7500 to 8k in Akwa ibom kaduna 10500 Lagos 10000-11000 Kano is 10800 Zaria is 1050 ogun is 9800-10200 port Harcourt is 9500-10000 Enugu is 9500 illorin is 10000 kogi is 10800 and 11000 for igala oil that's the price updates feel free to add yours...... God bless our hustles

hi.. What's the cost of transportation of 5 gallons to Port Harcourt?

donparosky:
chai
oga this questions no be here o, lol.... anyhow sha make I attempt them small small
oil is 8000-8500 in osun and ondo state presently. it's bout 8500-9k in benin

8 of 25 litres makes a blue drum of oil(200litres)

the wholesale price depends on location, Abuja, kaduna, and Lagos tops the list of good buyers
transportation is 500-1000 per keg to lagos from stated location. it's good to use a chattered vehicle (full load)

the selling price in Lagos is a function of grade, first grade is 10500, second grade is 9k to 10k
hope I've answered almost all, please lemme know if any of your questions is not attended to.
God bless our hustles

at the emboldened..
Like how many kegs will fill a 14 - seaters bus?

ola185:

Hello... Pls is d price still going to drop because I thought April is d glut period? Thanks!

that's exactly what we are watching now...
If by 15th of this month the price does not drop below 7000, it would be advised to start buying at current price. If possible slit your purchase so you may enjoy the possibility of buying at lower rates if prices fall later.

It would appear that this year, Nigerian price is following international price..importing will not be profitable! Yay!

Can someone suggest a ready market for palmoil.where I can sell at cash-and-carry for a profit.

ikbnice:
Can someone suggest a ready market for Palm oil . where I can sell at cash-and-carry for a profit.

what is your location?

RealityShot:
what is your location?

Ore, Ondo State

RealityShot:
that's exactly what we are watching now...
If by 15th of this month the price does not drop below 7000, it would be advised to start buying at current price. If possible slit your purchase so you may enjoy the possibility of buying at lower rates if prices fall later.

It would appear that this year, Nigerian price is following international price..importing will not be profitable! Yay!

Ok.. Thanks very much sir

Callmeboss:
Akwa Ibom. #7500-8000

Calabar #8000-8500

very true
thanks man

ola185:

Hello... Pls is d price still going to drop because I thought April is d glut period? Thanks!

it would rather be going up but no one is too perfect to predict. Just follow your heart and take the risk. personally I fink the price is quite OK for anyone planning to store or hoard

RealityShot:
hi..
What's the cost of transportation of 5 gallons to Port Harcourt?

boss ph is #500 per keg from Akwa ibom

RealityShot:
at the emboldened..
Like how many kegs will fill a 14 - seaters bus?

98-100 kegs
and 100-120kegs for J5

RealityShot:
that's exactly what we are watching now...
If by 15th of this month the price does not drop below 7000, it would be advised to start buying at current price. If possible slit your purchase so you may enjoy the possibility of buying at lower rates if prices fall later.

It would appear that this year, Nigerian price is following international price..importing will not be profitable! Yay!

well said boss
God bless our hustles

ikbnice:
Can someone suggest a ready market for palmoil.where I can sell at cash-and-carry for a profit.

there are lots of good markets but your target locations would give us insight on what to choose. where do you reside and where do you want to do your biz
respond and you'd be given good suggestions by people familiar with your choice locations

I personally fink the price is fair enough for one to do biz.
don't wait for d least. it may rather go the other way round.

donparosky:
there are lots of good markets but your target locations would give us insight on what to choose. where do you reside and where do you want to do your biz
respond and you'd be given good suggestions by people familiar with your choice locations

I reside in Ore, Ondo State and will love to do biz anywhere so far it brings sure profit.

donparosky:
OK guys
Here we go.... price updates
it's 7500 to 8k in Akwa ibom
kaduna 10500
Lagos 10000-11000
Kano is 10800
Zaria is 1050
ogun is 9800-10200
port Harcourt is 9500-10000
Enugu is 9500
illorin is 10000
kogi is 10800 and 11000 for igala oil
that's the price updates
feel free to add yours......
God bless our hustles

Ufuma Anambra - 8,500
Umunze - 9000

Buying from the mills remains the best, safest and cheapest way to buy palm oil.

It also saves loads of head ache in adulteration.

If you are interested in buying palm oil especially investing large sums, locate and visit the mills yourself.

Currently digging it out at a Mill located in Ufuma and Umunze, both in Anambra state. They are the highest producers in Anambra state. 25 litres selling for 8500 today at Umunze, 9000 at Ufuma. Pure and quality.

I believe at the current price, prices are hitting bottom.Not a bad time to buy.

Good luck to everyone.

God bless our hustles jarei
if you've tested the fire, you'd know it's not easy. God bless our hustles

agronewsng:


Ufuma Anambra - 8,500
Umunze - 9000

thanks boss
let's keep the price updates rolling in

ikbnice:
Ore, Ondo State

Sir TUBLEZ, please help this fellow..
Thank you

donparosky:
98-100 kegs and 100-120kegs for J5

wow! That many? Hmm.. Thank you very much.. Good information
But chartering a bus will reduce the cost per keg for sure, right?

donparosky:
I personally fink the price is fair enough for one to do biz.
don't wait for d least. it may rather go the other way round.

please can you explain the wonder of packaging oil in bottles. How does that make more profit?

RealityShot:
please can you explain the wonder of packaging oil in bottles. How does that make more profit?

its the most profitable approach if I would say......
a 25 littres of oil fully filled contains 35-36 bottles of palm oil. now a bottle of oil is sold for #400-400 each. Now let's take the least :
400*35=14000.
you'd be making a profit of at least 4000 per keg of oil.
assuming 10kegs is sold a week, that's 40,000.
it's that simple and straight forward

ola185:

Hello... Pls is d price still going to drop because I thought April is d glut period? Thanks!

Let observe by May sire

RealityShot:
Sir TUBLEZ, please help this fellow..
Thank you

what does he needs or wants?

ikbnice:
Can someone suggest a ready market for palmoil.where I can sell at cash-and-carry for a profit.
I reside in Ore, Ondo State and will love to do biz anywhere so far
it brings sure profit.

TUBLEZ:
what does he needs or wants?

Apologies please, here is his request.

Thank you

donparosky:
its the most profitable approach if I would say......
a 25 littres of oil fully filled contains 35-36 bottles of palm oil. now a bottle of oil is sold for #400-400 each. Now let's take the least :
400*35=14000.
you'd be making a profit of at least 4000 per keg of oil.
assuming 10kegs is sold a week, that's 40,000.
it's that simple and straight forward

wow! Wow!
Wow! Even at N300 it's N10500 for 35 bottles! Wow!

Need to develop a solid marketing strategy for this Sharply! Wow!!!
Thank you Sir!

Wow! No wonder!
No wonder all those women be rushing bottles and selling only in bottles.. Hmm...

RealityShot:

Apologies please, here is his request.

Thank you

OK

25 liters of palm oil was sold for #8000 as at yesterday in Oyo town. #9000 at Ibadan.

Oasis60:
25 liters of palm oil was sold for #8000 as at yesterday in Oyo town.
#9000 at Ibadan.

thanks for d updates boss......
price is going a Lil higher this morning. updates in the evening