₦airaland Forum

what's the current price

iHart:
26/11/19

Storage
Oriendu market #7000

Ubani market #7500


First grade
Oriendu market #9000 to #10000

Ubani market #9000 to #10000

For the first grade oil, the final price you get depends on your bargaining power and the desperation of who is selling.

For the storage, some even insist on #7500 to #8000 depending on the condition of the oil. Some storage are very good that you may want to take it for first grade.

which state

we need current price across the country

EngrIKEM:
Please i need advice, in my location currently is sold 7500-8000 and i intend selling next week all my products, but the man in charge is convincing to let it lap to 3rd week of this month what do we think.

Where is your location?

nuggybabe:
Lie, it's #8500

See me see attitude, you showed us kind of person you be, don't carry your own problem come here please. You're not in system, I bought 10.5k on Friday 18/10/2018 even if you want to sell @8.5k it's either bad oil, scam or novice.

The EFCC in Gombe state have arrested 26 suspects for allegedly producing adulterated palm oil by mixing some quantity of palm oil with unknown substances and selling same to the public as genuine palm oil in the Gombe main market.The command in a statement released this evening, gave the names of the suspects as Yahaya Sanusi, Mohammed Abubakar, Nasiru Bappa, Bello Ahmed, Emeka Oppah, TheophilusSamuel, Auwalu Abubakar, Monday John, Chindo Garba, Mohammed Umar, Dauda Mohammed and Anas Musa C.Others are Umar Friday, Abbayo Musa, Hamisu Mohammed, Ali Garba Inuwa Auwal, Tukur Adamu, Ahmad Usman, Emmanuel Etuk, Auwal Iliya, Ejike Samuel, Peter Ndubuisi, Babangida Yerima, Giginna Alphonsus and Usman Musa.Handing over the suspects to the Gombe State coordinator of NAFDAC, who was represented by Laras Jatau on Friday, Gombe Zonal Head, Michael Wetkas, revealed that the office received an intelligence report, which was acted upon.The suspects were apprehended with some in the process of mixing palm oil with the said substances. A total of 33 shops were sealed during the operation and are now under lock and key.Gist from Gistmorehttp://gistmore.com/efcc-arrests-26-adulterated-palm-oil-producers-in-gombe(Quote) (Report)(Like)(Share)

donparosky:
Good day everyone,
Oil has kicked tremendously this week and I do hope it is sustained.
It's officially 8k to 8500 here
please let's know the prices from your locations.
I understand some people just post figures to favour them. Biko the updates is to help guide buyers and sellers to make optimum decisions. please be sincere in your updates.
God bless our hustles

10k, Osun State.

Land border closed for all items. Economist in the house give us advice(s).

salamiwasiu:
Osun 9k wholesales price

I updated this yesterday but things changed this morning, palm oil now 9.5k - 10 in Osun State

Osun 9k wholesales price

koolguy88:
Broh,
You too harsh ooooooo.
Just bring your oil to Kano. Contact me when you reach.
We can always negotiate price, abi?
It's a win win thing, ok.

Lol, you're very funny.

We need price update from each state ooooooo, for us to decide where to sell.

RealityShot:
not only rice o...
food items mostly but especially rice.

The effect shows on rice but can't see it on other items

RealityShot:
hold steady.
October shall predict the future

The rains are still with us.

When rain stops and border remains closed and naira devaluation is looming
There is mixed signal.

Just hold and sell in December.
Except October brings ever decreasing prices due to farmers climbing again this season

This boarder closure of a thing, is it on rice only or all items.

iHart:
Two days ago (22nd, August) at Oriendu market Isuikwuato, price was #7000 for storage...

What's the price of fresh oil and I want you people to explain much on storage oil price, Assuming I bought first grade oil in June and want to sell now with good quality, will you be telling me storage oil?, except that oil is not good. My place, nothing like second grade or storage oil, palm oil is palm oil except storage that is over a year which might have tick or lost its good content which I don't think anybody in this forum can keep oil for a year.

My own side, no oil in market but still 8.5k

Osun 8.5k - 9k but 8.5k not really visible again

which state did u sell?, I don't think there is that price in country presently.

iHart:
didn't you see the emoji to understand he is making some joke and not mean?

Can't stop laughing, just seeing it now. Oga koolguy, this is not time for joke ooooooooo. House let be updating price of our locations to help us take perfect decision. OSUN #8,500 Thanks

koolguy88:
Hello Donparosky.

I've been expecting you in Kano, you diverted the red-oil to Kaduna, abi ?
Please I need the latest price for red-oil nation-wide.
Here in Kano it's N8,000
we need supply delivery here in Kano and collect your cash instantly.
from 50 kegs to 2,000 kegs needed.
contact :Bonaventure @ 08054446930
I'll introduce to Alhaji Maikudi, Hassan, Surajo, Ibrahim, etc men that buy good red-oil in Kano.

Some members were in Kano to sell last month, please tell the house your enjoyable experience.

Oga, we don't know what's between you and Donparosky. Diversion or no diversion, I can only intervene if you've paid him and breach the contract. People are in the house that ready to supply you if you're ready but buyer quoting price for seller is suspicious. One can only get oil at 8k in few places in southern part of the country but saying oil is 8k in Kano is a scam. Anyway Osun is 8.5k, if just #200 I will add as profit before transporting it to Kano. If you need oil increase your buying price, may be that's y Donparosky moved oil to better State.

Osun State, 8k. No oil in market again.

Elharaby:
Please I need the advice of someone who has sold his/her goods at mile 12 market Lagos. I want to know the process involve in selling palm oil at mile 12 likewise the risk because I contacted some companies representative in Lagos and kano; the one in Lagos is willing to buy 25ltr for 7500 and the one in kano want to buy for 8000, selling at this price does not make sense to me considering cost of production and transportation. Please I need help

WhatsApp me please, 08068381408

Relax, don't panic. If want to buy, I do see 50 kegs upward in market at a time with many buyers in market at same time but yesterday I didn't see up to 20 kegs, that's hint for us.

yugee4ambyngoddy:
Good evening everyone.
Am a first timer in the oil storage business. All l know is that l will surely make my profit by the grace of God. l bought at 7k. Am in Aba

when did you buy it?

etiumo:
6500 naira is now the price in my community. Oil content only. ETIM EKPO, Akwa ibom

The truth of the matter is if I enter this village now may not see #6500 to buy because of many factors. Example If I need 200 kegs, can see few at that price next thing will be there is oil but my price is 7k or 7.5k, before you know things will change.

Osun is 7k

Donparosky, price update pls

Osun State #7,000 - #7,500
Reliable source

9000, this period. Oil is 6k in many states in south, you better tell real price.

Osun, Ekiti and Ondo State is 7k - 7.5k, but don't know what may happen if go to the millers directly.

etiumo:
Update from Etim Ekpo, Akwa ibom state, grade 2 oil= 7000 naira, grade one (1) oil is = 8500 naira

What's the current price now all over the states

Palm oil is 9k here in Osun State, best of luck as we enter selling period for hoarders.