Yes it is. You could see my earlier post

ccjontweet:
Palm oil price is going up. @don confirm.

mejai:
@donparosky, please can I use container ( locally constructed) to store palm oil in an open space in a compound?
I wanted to construct a wooden store but I want options.
I am looking forward to storage next year, also buying and selling too.

Good morning, if the inside is coated then no wahala.
All the best

Palm oil price still very unpredictable for Chrismas. I think the upcoming subsidy removal is already causing ripples across the chains.

Fresh fruit is already tickling in but price still stubborn.

Price Updates in the evening

Oil Price still not dropping as expected in Akwaibom and Lagos.
Fingers crossed

Akwa Ibom 19500 first grade, 17500 Fibre
Lagos 23500
Abuja 23k

Others loading shortly

Price updates tomorrow morning.
Only slight changes but overall not a bad week.

Lagos 23500
Akwa Ibom 18500

Fine sir. We are pushing

donkelz:


Amen. How is business treating you bro?

Fine o. Been a while too. How is business. Anything for your boy

ccjontweet:
How have you been doing? Long time

Thanks for the correction sir. All prices are for freshly milled oil

louken:

Please, are the prices you quote here for stored oil or fresh oil from the mill? It will be helpful if you always quote the two separately so that my fellow novices here will not get confused.

Price has not changed except for lagos still at 25k this morning

donparosky:
Morning price update 23/11/21

Lagos mainland 23k -24500
Island 25k
Akwa Ibom 17k(fibre), 19500(first grade)
Cross River 18k
Abia 18500
Rivers 23k
Enugu 19-22k depending on grade
Abuja 25k
Kano 23k
Kaduna 22500
Ogun 23k
Oyo 23-24k
Delta 21k
Benue 20k
Kogi 24k (Igala oil)
Lagos Epe-Ijebu Axis 24500
Ebonyi 20k
Edo 19k (Villages), 21k towns
Enugu 21k
Orlu 18k
Taraba 18k(Cameron effect)
Borno 24k
Jos 22-23k

Kindly add updates from your location

Just in
Lagos changed to 25k this evening. Am thinking it's just but a false rise. Let's wait till morning. Dealers around Lagos please share price from your location

donparosky:
Morning price update 23/11/21

Lagos mainland 23k -24500
Island 25k
Akwa Ibom 17k(fibre), 19500(first grade)
Cross River 18k
Abia 18500
Rivers 23k
Enugu 19-22k depending on grade
Abuja 25k
Kano 23k
Kaduna 22500
Ogun 23k
Oyo 23-24k
Delta 21k
Benue 20k
Kogi 24k (Igala oil)
Lagos Epe-Ijebu Axis 24500
Ebonyi 20k
Edo 19k (Villages), 21k towns
Enugu 21k
Orlu 18k
Taraba 18k(Cameron effect)
Borno 24k
Jos 22-23k

Kindly add updates from your location

Thank you for your kind words sir. Business has challenges and like I said earlier, keep your heads up and keep pushing.
I've been sharing some of my challenges here to encourage us and I do hope it does.
I pray God bless your hustle

donkelz:
Good afternoon everyone. Been a long while I commented here, especially owing to events last year. I've been concentrating more on personal and business development rather than join words with people. Please am looking for that guy that stood by me when everyone else ranted. Donparosky, you're a good man, I hope to meet you soon. I've been following this thread for years before last year and it has been a blessing. Thanks everyone.

dondo83:


Thank you very much

Uwc

Thanks. This is why I created the thread. We'd do our best but again am quite busy. God bless your hustle

Adiahakiet:
ha oga don mbok please dont abandon us ooo. so many people started this biz because of your guidance and it has changed so many things for me. I have not thanked you enough for giving out so much information and lessons free. me and a lot of us here owe you alot to thank for our success in this biz. I joined so many facebook and instagram pages when i strted but could not learn skills until i learnt obout this thread at udyfoods surulere. please keep doing the work but help us keep price update steady. i know many people relying on this thread for help even big sellers for lagos o.. thank u sir

PlayMaker001:


22,000 per keg
880,000 per tonne.
We deliver in tankers
Available for pick up Lagos
80 tonnes available
08138617216

Guess you are in cross River.

My team have been at Ikom for three weeks now producing for a firm.

If we don't meet up demands, I'd sure contact you.

Morning price update 23/11/21

Lagos mainland 23k -24500
Island 25k
Akwa Ibom 17k(fibre), 19500(first grade)
Cross River 18k
Abia 18500
Rivers 23k
Enugu 19-22k depending on grade
Abuja 25k
Kano 23k
Kaduna 22500
Ogun 23k
Oyo 23-24k
Delta 21k
Benue 20k
Kogi 24k (Igala oil)
Lagos Epe-Ijebu Axis 24500
Ebonyi 20k
Edo 19k (Villages), 21k towns
Enugu 21k
Orlu 18k
Taraba 18k(Cameron effect)
Borno 24k
Jos 22-23k

Kindly add updates from your location

Woke up to a beautiful review from a client in Abuja whom we delivered oil to.

Like I spoke with someone yesterday, I had thought of abandoning the thread to focus on physical businesses but the events of yesterday shows so many dealers still benefit from the informations we share here

Majority of my customers ain't here, this is fact, those of you who have had the privilege of meeting me knows my hands are quite full.

I opened this thread to help give back to society while also connecting buyers and sellers.

I want to encourage the youths to take advantage of the free informations we've given here to start something meaningful.

Again before I am being called out, I want to reiterate that whatever I share is just my personal opinion.

Always endeavor to do your private research, findings before making decisions.

So many palm oil sites and platforms available to also compare data.

dondo83:


I’m in Abuja and I have like some kegs is it advisable to hold on until December? Cos in reality I want to keep recycling the money with the same oil storage . If I sell early money fit go somewhere else before next season storage

lol it actually depends on the volume of oil you have in store.

Like I mentioned earlier, just letting people in Abuja know you've got quality oil is enough trouble for you.

So the price was already on a downward trend before it reversed partly because of some policies and the recent government clamp down on fake oil dealers.

What I'd advice you is to be selling maybe five kegs a week to help you monitor the price trend around your vicinity.

But with the current events, oil would still be around this range of price by December. The picture attached is all I could harvest for a plantation that I usually get over 600 bunches at this period. Even plantations are feeling the hardship lol

Again we should not expect anything too cheap during the peak months. The best we might get next year by March upwards is roughly 9k

iHart:
That was why I didn't post a link. I posted a screenshot.

This place is getting too dry.

OK I get your point.

God bless our hustles

iHart:
This is the one I follow more often

Dear iHart, while they are so many Facebook pages on palm oil. Posting this directly here may cost us this thread and it might
be taken down again.

I have been warned previously and now we are on this again. Please can you rather share this information privately.

It also happened when a whatsapp group were to be created sometime ago.

I have a list of them and I personally direct people privately. nairaland forbids this and we have to do our best to keep the thread.

Please kindly find a way to share it without causing us the thread

This thread has been very useful especially to those using Google search

chetaraph:
Hello House,

i need abuja connect to sell off my palm oil come december.

Oil is hot cake in Abuja currently.

It's selling for 25k only without kegs.

You don't need connections, just make sure people around you know you've got oil and that's it

mejai:
Latest price

Sorry I've been quite busy.

I had wanted this thread to rather be a forum for dealers. I don't want to only be the one posting prices.

Share prices from your location and let others get to know the realities from your ends

PlayMaker001:
3200 kegs of palm oil available
Call 08138617216

please quote your price

dondo83:
This thread is too quiet oh , updates on price please . Some of us are getting ready to sell

I've been pretty busy for sometime now
First grade is 19500
Second grade is 18k
Fibre is 17k

Lagos is going for 23-24500

Unlike what usually happens, oil prices may not drop anytime soon.

With the news of increase in fuel price next year, the unexpected might be happening

verminnel:
you mean 12k profit ?

yes

verminnel:
Please when is the best time to start storing oil and what state can I get a good price

best storage point March to latest may. Those who stored March already making 12k plus per keg as it stands

ndego1993:
Donparosky please your attention and wealth of experience is needed here.

Good morning sirs, best time to sell off is November, December. Latest January. Mid October they'd be a lil deep in price before it shoots to peak.

It's currently 20k oil only in AKS.

God bless our hustle

Kharphy0309:

25 kegs is needed in Osun state @donparosky can you please supply?

No issues sir. Send a DM on whatsapp

Harrisoneze:
Prices from the mill pls

16k to 16500 oil only.

Fibre is 15k

Kharphy0309:
Latest price update please
Is there tendency for increase in price by December

Yes price is going up gradually. It's currently 16k oil only