Current Palm Oil Price in Nigeria

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In the fast-changing palm oil market, every naira counts. We provide current wholesale palm oil price in Nigeria, so you never have to guess or worry about overpaying
Daily price updates – so you’re never left behind
Accurate market insights – because your business deserves the truth
Stay ahead, stay profitable – no more surprises, just smart decisions

Location/ States Prices
Smart trade Ltd/Lagos State47k 
Akwa Ibom State39k – 40k 
imo state State39k – 40k 
Harcourt State42k- 46k
Calabar State44k – 45k 
Lagos State47k – 50k 
Enugu State40k – 42k 
Kogi State47k – 48k 

Be Careful When Buying Palm Oil to Resell – Quality & Smart Planning Matter

Buying palm oil in bulk can be a great business move, but many traders lose money by not considering all costs and quality factors. Don’t make the same mistake! Before you buy, think about:

Logistics Costs – Transporting large quantities can eat into your profits.
🏠 Shop Rent & Storage – Ensure you have a safe, clean space for storage.
🛢️ Packaging (Gallons & Drums) – Poor packaging can lead to leaks and losses.
🌿 Oil Quality – Not all palm oil is the same! Low-quality oil spoils quickly, affecting your reputation and sales.

💡 Why Stress? Buy from Smart Trade Global Business!

With Smart Trade Global Business Ltd, you get high-quality, fresh palm oil without the hassle. They deliver directly to your shop or home, saving you time and money. No more worrying about bad oil, hidden costs, or complicated logistics!

📢 Make the smart choice today – buy from a trusted supplier and grow your business with confidence! 🚀🔥

When Is Palm Oil Cheap in Nigeria & Best Storage Advice

Palm oil cheapest time is between February and May, during the peak harvest season. This is when oil palm trees produce the most fruit, leading to an abundance of supply and lower market prices.

However, prices start rising from June due to reduced production, and by October to January, palm oil becomes more expensive due to scarcity

Best Storage Advice for Maximum Profit

If you’re buying palm oil when its cheap, proper storage is key to Prevent spoilage and good quality.

Use Airtight Containers – Prevents exposure to air and moisture, reducing spoilage.
Store in a Cool, Dark Place – Avoid direct sunlight to prevent rancidity.
Keep Away from Water – Moisture can cause mold and spoil the oil.
Use Plastic or Stainless-Steel Drums – These materials prevent contamination and extend shelf life.
Check Periodically – Ensure the oil remains fresh by stirring occasionally and keeping it sealed.

Smart buyers stock up when prices are low and sell when demand is high. 📈🔥 Follow these storage tips, and you’ll maximize your profits effortlessly! 🚀💰

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