OpmOfficer:


Pls I'm curious to know this location that is selling at #5500, because around my axis palm oil sells for #7000 which is not favourable given that we are in season where palm fruits are abundant.

The #5500 is not a general price u can get everywhere. It depends on the particular oil mill and how desperate the producer needs money. There are like 3 places I discovered and these places are located in a rural environment. I negotiated with them and purchased the oil b4 price changes. The truth is now with the pandemic a lot of mills in the rural environment tend to bring down the prices of their products because of the very low demand they are facing. Its a similar situation with crude oil supply in the world now. In the town where I reside palm oil is btw #8000- #9800. So u can see the difference.. And purchasing palm oil from the villages comes with an extra cost added to the original price due to transportation.

maxlev1:

My man why won't u run at a loss sometimes when u keep on offering people palm oil at production price. U can't produce palm oil or buy it at #7k and u still quote the same #7k to your potential customers na. I know u are a good and compassionate kinda who is very honest but in business u need to be very strategic so that u will always make profits with every deal. Am not advising that u become greedy but I mean like if u got the oil at #7k then let ur selling price start at #7.5k so u can make gain. I know u are good in business but I just have to write this bro. One love.
I would like to ask, have u tried exporting palm oil b4?

one love sir and many thanks.
I have not exported oil personally but i have few clients buying from us for exports.
God bless our hustles

donparosky:
one love sir and many thanks.
I have not exported oil personally but i have few clients buying from us for exports.
God bless our hustles

please do you have an Idea of the cost of full tipper load of uncraked Palm kernel nuts.or how Palm uncraked Palm kernel nut is priced

Hi Donparosky,
What do you mean by large quantity? How many kegs>

donparosky:
Palm oil business is dynamic. You must learn to work with time, trend and never be selfish.

I had paused all orders earlier this year for clients buying less than 100 kegs.

Later on i stopped all sales and transactions with individuals irrespective of quantity except for clients willing to come down and meet us.

This was a tough call but at that moment i wanted to concentrate on companies with reputation who had logistics and could afford lifting our CPO/SPO without hitch.

So many people called me out and accused me of neglecting the middle buyers. It was a tough decision. I am deeply sorry about my decisions but it was just the best way to save my business at that moment.

I have been talking with good spirited dealers and middle men here on physical stores like i said earlier and i hope it comes to fruition soon. i really want to see everyone getting access to palm oil easily and at a cheap cost.

At the mean time i still do not supply to individuals until this issues are resolved. However, individuals who can afford large volumes can send a mail.

As per the future of palm oil: Risk is a core component of every business. If i were to share my losses, i would be scaring a lot of young entrepreneurs. Truth is, just do what you feel is right and be ready to accept the consequences of your actions.

God bless our hustles

Can someone put me through on how to make profit from this business. I have a source (mill) in my village that I know they are just selling to local markets.
If I should be buying from them;
1. How do I put my own profit
2. Who pays for the transport, me or the buyer.

felixzo1:
please do you have an Idea of the cost of full tipper load of uncraked Palm kernel nuts.or how Palm uncraked Palm kernel nut is priced

i do not sir.

Apmix:
Hi Donparosky,
What do you mean by large quantity? How many kegs>

(33k litres)

etcme:
Can someone put me through on how to make profit from this business. I have a source (mill) in my village that I know they are just selling to local markets.
If I should be buying from them;
1. How do I put my own profit
2. Who pays for the transport, me or the buyer.

Good morning, all the information is provided in the earlier part of the thread. Kindly go through. If you ain't satisfied, you can ask your questions

CPO is officially $500 per barrel(159liters)
In our local market, it is 6500 per 25liters.
Lets hope it is sustained

hello donparosky, ihat and the other member of the forum, please can i start buying oil now for the purpose of stocking or i wait to see how things will turn for a while. it is sold at #7,000 in my region.
thanks

kizwid:
hello donparosky, ihat and the other member of the forum, please can i start buying oil now for the purpose of stocking or i wait to see how things will turn for a while. it is sold at #7,000 in my region.
thanks

to me, #7000 is expensive. In my region, it is #5500 now

iHart:
to me, #7000 is expensive. In my region, it is #5500 now

where is your region pls

kizwid:

where is your region pls

Isuikwuato, Abia State

iHart:
Isuikwuato, Abia State

thanks
it quite far to here, here is Osun state.. i think i will go for it cos my connect keep saying the season is going gradually..
how trueia this too?

iHart:
Isuikwuato, Abia State

thanks
it quite far to here, here is Osun state.. i think i will go for it cos my connect keep saying the season is going gradually..
how trueia this too?

Is it possible to get palm oil tankers of 33,000ltrs capacity?
Pls i need answers

dominion76:
Is it possible to get palm oil tankers of 33,000ltrs capacity?
Pls i need answers

yeah

Wehdone All, what is the best method to store Palm oil, what others steps are to be taken to preserve quality n taste?

Good morning house, pls help
What's the current price of oil? I need urgent answer ���

udysweet:
Good morning house, pls help
What's the current price of oil? I need urgent answer ���

Akwa Ibom is 6500 this morning.
Lagos is 9500-10k.

prestige2013:
Wehdone All, what is the best method to store Palm oil, what others steps are to be taken to preserve quality n taste?

This has been treated earlier on the thread. please read.

donparosky:
Akwa Ibom is 6500 this morning.
Lagos is 9500-10k.

Thanks don

The price of oil here in Osun is 7500. Would u suggest we get them now for the purpose of storing? Coz there is tendency it rise from next month

Kharphy0309:
The price of oil here in Osun is 7500. Would u suggest we get them now for the purpose of storing? Coz there is tendency it rise from next month

hmmm its a personal decision to be honest. Sometimes all our projections does not come out like we wished. For me, i would take the risk, watch and hope for the best.

udysweet:

Thanks don

my pleasure

donparosky:
my pleasure

hello sir,I have follow this thread from page one till now,took me 4days reading cox I’m a newbies,have seen the good,bad,days of palm oil pls I just want to start pls I hope you have set up the Lagos store...pls sir I want to start with 15keg (25litres)pls help youngies in the building cox I understand what you faced early this year ,pls I’m begging you sir..how can you help me sir �����

Sorry boss, you mean u ll take the risk and buy for that price right?

donparosky:
hmmm its a personal decision to be honest. Sometimes all our projections does not come out like we wished. For me, i would take the risk, watch and hope for the best.

pizzle123:
hello sir,I have follow this thread from page one till now,took me 4days reading cox I’m a newbies,have seen the good,bad,days of palm oil pls I just want to start pls I hope you have set up the Lagos store...pls sir I want to start with 15keg (25litres)pls help youngies in the building cox I understand what you faced early this year ,pls I’m begging you sir..how can you help me sir �����

no wahala boss. hit me up on whatsapp lets gist

Kharphy0309:
Sorry boss, you mean u ll take the risk and buy for that price right?

Yeah personally but its down to you right now

donparosky:
no wahala boss. hit me up on whatsapp lets gist

thank you sir,have messaged you already....waiting for your reply sir

Kharphy0309:
The price of oil here in Osun is 7500. Would u suggest we get them now for the purpose of storing? Coz there is tendency it rise from next month

i will suggest you make more enquiry, the prize was #7,000 in last market, tomorrow is another market

kizwid:

i will suggest you make more enquiry, the prize was #7,000 in last market, tomorrow is another market

Please, where is the market located in Osun state?
Also, how many days interval is the market?
Thanks.