₦airaland Forum

t5sindigenous:
And pls what makes Igala oil different.

most igala oil is handmade and labour intensive. it's usually very thick

t5sindigenous:
Hello, am new here. Does price include cost of keg?

no sir, cost of kegs not inclusive

agronewsng:
Ufuma Anambra - 8,500
Umunze - 9000

thanks boss
let's keep the price updates rolling in

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

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.

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

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

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

98-100 kegs
and 100-120kegs for J5

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

boss ph is #500 per keg from Akwa ibom

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

Callmeboss:
Akwa Ibom. #7500-8000

Calabar #8000-8500

very true
thanks man

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

RealityShot:
please ignore question above.. Seen this

But boss.. I still think you should put more effort on the thread opened on the agriculture forum

It's more visible to new comers... This business to business Forum isn't so popular O...

My kobo thought

my appreciation sir
thanks and God bless you sir
God bless our hustles

TUBLEZ:
U can pick oil from me in lagos @ 9500 call or watsap 08121680787

Oga it's been a while o
how the hustles

maureen44:
Thanks Donparosky for the good work and update.

Am also into supply of first grade palm oil from Ikot Ekpene in Akwa Ibom. I can supply to any part of the country. The time for storage is really now like Oga Don said.

oil 7,500
Kegs 750
Transportation depends on the location

Call 08064610560

God bless your hustles dear

homies100:
@ don parosky pls I need ur mobile number. Thanks

08166147730
happy Sunday sir

those intending to store/hoard should know that the best months are March and April. march is gone already. you only have this month for that.
God bless our hustles

Callmeboss:
Don Weldone.... Keep up the good work

thanks boss,
God bless our hustles

etiumo:
Great job. Kudos

thanks boss
being a while sir....... how's work sir

morning
it's 7500 to 8k in Akwa ibom
kaduna 10500
Lagos 10000-11000
Kano is 10800
Zaria is 10500
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 this morning
God bless our hustles

Preciousseed:
And you too @Etiumo. I hope @donparosky is fine? It has been a long since he updated this thread.

thanks and you too.
Am doing good, Just that the hustle is real and the boys are damn busy. the thread is for us so let's keep updating everyone with relevant information
God bless our hustles

if only my people will understand
INEC does not count prayer points,
just like your Bible, get your PVC while you pray

Callmeboss:
Blessing to the soul that opened this trend.

The DON I hail thee.

Am a young oil farmer have been doing the business a long while now though in my environs. Now I wanna expand as in exporting oil to anywhere in Nigeria from Akwa Ibom where the family mill is located.

Please if you know any buyer that I can supply to or if interested please ring me anytime.
08102969405

bless you too boss
let's keep it rolling sir

it's been a great day..... still collating price from different parts of the country. will update shortly. God bless our hustles

uboma:
Someone I know very well reported buying a keg of Palm Oil @ 7,500.


The location is Ikom, Cross River State.

Ikom, akampa and it's environs sell at 8k to 8500. To get it at #7500 you'd need to go into the interior villages to buy but the cost of bringing them out to town would still amount to same . most people at Ikom would just prefer to go to trailer park and buy at a Lil high cost than go through the stress.

Moneyfem:
I think we're in Palm oil season now. The price of 25L should have fallen to like 4k but no sign of coming down. The prevailing market price now is about 9k. Why in this very hot season?

its really not adding up based on previous experiences but one thing is certain, the price won't drop as expected after the Easter celebration. it will keep soaring cos fruits are really very scarce.
you'd agree with me that oil palm fruits are indigenous to the coastal plains of South south and South eastern states with some extensions in ogun and oyo states.
in all this locations, the yield is highest during march-April but as I type this, some states in the south and east are experiencing very low yield and harvest of fruits.
it's an indication that apart from the govt policy, environmental and weather conditions, breed as well as yield is also affecting the price. it's going to be an interesting year for the risk takers. No one should do it cos someone asked you, take your time and plot your graphs.
God bless our hustles.....

Preciousseed:
Please let this not be your primary reason for going into this business so that you don't regret it or even blame others when things go south tomorrow. Your primary reason should be things like using it as a means of saving your money, a means of meeting needs, a means of preserving seasonal product etc. If the price rises in the course of time, then fine and good.
2017 was a good learning year for anyone that stored palm oil.

you've said it all
thats all bro....... I'd just add that passion drives you to do the unthinkable. don't do business for profit alone, be passionate about what you doing. that's the secret that drives you even when things seem bad.
God bless our hustles

Moneyfem:
Boss, some people say palm oil won't skyrocket this year also. What is your projection as regards the price for this year?

well the certainty it will skyrocket is high looking at the trend but as I usually say, business is all bout risk !!
the proposed ban on importation is already forcing the price higher than it should at this season.
just take the risk and be ready for the outcome!!!
God bless our hustles

nuggybabe:
Don parosky, long time. I missed U, missed d palm oil thread. Pls lets keep the thread going. Ur threads really motivated me, so educative

awwwe
thanks dear, the educative part is really my passion.
Am starting a fresh new session tonight!!!
Those that missed the first batch has the opportunity to start all over again.
God bless our hustles

fabulouslove:
Thanks for opening another thread. Following keening

you welcome
it's a way of keeping us together.......
a new lesson session will begin shortly
God bless our hustles

Preciousseed:
Thanks for this thread @Donparosky. I am looking forward to sharpening my sword here towards expanding my knowledge in this business.

you the boss sir..... let's do it together
God bless our hustles

Preciousseed:
Sure. And not to come and blame you tomorrow, should anything go contrary. Business has always been all about risk.
Thank you!

smiles, make I no talk again. you get d koko be that!!
God bless you