We understand your fears.
Like every other Nigerian. We understand your concerns about PONZI, FRAUD and others that have gotten your hands burnt.
This is completely different. It is not magic or fraud that you can make up to 40% profit in Palm oil;
Palm oil is not rocket science.
Palm tree/oil is a seasonal oil plant that fruits and gives oil between December to April, sometime May to the farmers.
At the fruiting period, there is surplus of palm oil and supply is more than demand which forces the price to go down.
But when Palm tree reduces or stops fruiting- from late May to December, Demand is higher than supply which forces the price of the oil to go up.
February 2021, Palm oil was N8500 by December, it was 22-25k in major markets. This trend repeats yearly hence you have some millions who have risen to fortune by trading oil seasonally.
Why palm oil demands – market value
- House hold food processing and consumption
- Industrial consumption for production of many products – pharmaceuticals, food, cosmetics and more
Palm oil trade partnership has simply created a platform for local Palm oil farmers and entrepreneurs to be able to off take from the farmers in Surplus seasons, store and sell when the Palm tree stops fruiting- usually from Late May,June to December.
- You can buy from our farmers’ cooperative, store by yourself and sell at off peak period as stated above
- We can store for you in our Central Palm Oil store, insured by Leadway Insurance and sell for you.