SOFT COPY SUBSCRIPTION
Annual subscription x 12 issues
Never miss another issue of Investing in Nigeria magazine. Get an Annual Subscription and get Investing in Nigeria magazine delivered direct to your E- Mail Address every month!
You would also have 12 months access to over 50 market intelligence reports on our website.
N5, 000 for 12 issues
Euro 25 for 12 issues
$32 for 12 issues
Subscribe Now!
For more on our subscription and membership package, please do visit http://www.foramfera.com/index.php/membership-zone
BUYING AND SELLING OF PALM KERNEL NUTS
The Oil Palm tree is one of the greatest economic assets a state or nation has, provided its importance is realized and potentials fully harnessed. Oil Palm products include Palm Oil, Palm Kernel Oil and Palm Kernel Cake. These can further be processed into RBD OLEIN (Cooking Oil), Vegetable Ghee, Shortenings, Margarine, CBS. CBE, Ice Cream, Dough, Creaming, Coating, and other speciality fats. Some other by-products of the Oil Palm includes Palm wine, fatty alcohols as well as intermediates.
Nature so made it that all aspects of the Oil palm tree is useful and economically viable."Oils" is a collective term for more or less viscous, generally organic-chemical liquids. Depending on their chemical composition, a distinction may be drawn between fatty, essential, mineral and silicone oils. Fatty oils include liquid, semisolid and solid products of vegetable and animal origin.They are also known as sweet oils.Palm kernel oil is a white to yellowish oil of vegetable origin which is solid at normal temperatures and is obtained from the kernels of the oil palm (Elaeis guineensis). It is one of the best oils.
Palm kernel oil is different from palm oil, which is obtained from the flesh of the fruit.Three {3} products namely palm kernel oil,palm kernel cake and plam kernel shell {crushed} which is used as a biofuel can be gotten from palm kernel nuts.Palm kernel oil is processed to yield edible fats, soaps and candles and is used in the confectionery, pharmaceutical and perfume industries.
Palm Kernel Oil Specifications:
FFA (%) Max: 2.5
Moisture & Impurities (%) Max: 0.3
IV: 16-19Colour (5 1/4" Lovibond)
R: 3.4-4.5
Colour (5 1/4" Lovibond)
Y: 30-32
MARKET:
The market for palm kernel oil and palm kernel cake ,a bye-product in the milling of palm kernel oil is large ,expanding and sustainable hence driving the need for palm kernel nuts.Nigeria with a population of over 165 million people ,an estimated national population growth rate of 5.7% per annum, an average economic growth rate of 3.5% per annum in the past five {5} years is a large market for palm kernel oil because of the numerous applications of the product ,all these makes palm kernel nuts a well soughted after product because it is the raw material used in the production of palm kernel oil and cake.
Palm kernel nuts has both local and international markets but more emphasis would be layed on the local market and the price for the goods acry from time to time.The investor can get buyer of the product in Lagos ,Enugu,Aba Ibadan etc.
LOCATION AND AVAILABILITY OF PALM KERNEL NUTS:
Palm kernel nut ,a bye-product from the milling of palm oil can be sourced from oil palm plantation scattered in the rain forest region in southern Nigeria. some of the states where the nuts can be sourced include Ekiti,Edo,Ondo, Anambra, Cross River,Oyo,Abia, Enugu ETC.
The nuts can be sourced bit by bit from farmers after extracting the oil from the fruits in villages or from palm oil producing companies.
The product is usually available in large quantity during raining season from may to september and extends to december.
To continue reading this article and other investment opportunities in Nigeria, please do click on the link below
BUYING AND SELLING OF PALM KERNEL NUTS
Do you know you can access to over 50 market intelligence reports and our monthly E- Magazine for 12 months for just N 5,000?
Click on the link below to know more about this offer.
At
Foraminifera Market Research {www.foramfera.com}, we provide bespoke
and up to date market research reports for beginners and on-going
businesses in different sectors of the Nigerian economy.
Our
reports are designed to assist start-ups to understand the legal and
financial requirements of starting the business, the market trends
vis-a-vis demand and supply, competition, risk identification and
mitigation strategies.
You
can order our detailed feasibility report on palm kernel nuts trading
to local industries in Nigeria by clicking on the link below.
Report Code: FORA/08/2012/105
Do
you require one- on- one training on the subject matter? Contact us
with any of the details provided below to arrange a meeting
Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}
Mobile Number: +234 {0} 8033782777 {Monday – Saturday; 8 am – 6 pm}
E-Mail Address:
enquiries@foramfera.com
Office Address:
61-65 Egbe- Isolo Road,
Iyana Ejigbo Shopping Arcade,
Block C, Suit 39,
Iyana Ejigbo Bus Stop,
Ejigbo, Lagos.
Like and Follow us on
Twitter: https://twitter.com/fmarketresearch
HUMAN DEVELOPMENT PROGRAMMES AND TRAINING OPPORTUNITY IN NIGERIA
Our human development training programmes are designed to assist our client set-up their respective business on a sound footing.
The
training cuts across different segment of the economy to include
Agriculture, Export and Import, Food and Beverage, Manufacturing, Mining
and Quarry, Oil and Gas, Retail Industry, Telecommunication, Tourism
and Transportation and are facilitated by seasoned professionals in
their respective fields.
Please do visit the link below to access available training programmes
Foraminifera
Market Research is a dynamic market intelligence company providing
comprehensive market research solutions and strategic intelligence
services to start-ups and existing businesses in Nigeria.
We
prepare business plan, feasibility study and market report for the
small and medium scale industries and develop the entrepreneurial
capacity of our client with the aim of providing the much needed
business data in Nigeria.
In
keeping with our vision of providing services that adds value to our
clients business and resources to develop their business into a strong
and visible global brand, we would like to introduce to you to our
sister websites
www.nigeriaoilandgasportal.com { The one stop for the oil and gas industry in Nigeria}
www.marketreportportal.com { Marketing and Sales of Market Intelligence Report}
www.nigeriabusinessplace.com {Online Business Forum}
