Sourcing Palm Kernel Oil from Nigeria: A Comprehensive Guide

Nigeria is a major producer and exporter of Palm Kernel Oil, providing high quality oil to numerous countries globally. International buyers prefer Nigerian Palm Kernel Oil due to its superior quality and reliable supply. This guide provides detailed information on how to source Palm Kernel Oil from Nigeria, ensuring a smooth and profitable procurement process.

 Basic Information About Palm Kernel Oil

Palm Kernel Oil is extracted from the kernel of the oil palm fruit. It is widely used in the food industry, as well as in the manufacture of cosmetics and pharmaceuticals due to its excellent emollient properties. Nigeria’s climate and soil conditions make it an ideal location for the cultivation of oil palm trees, resulting in high quality Palm Kernel Oil.

 Key Production Areas

 Akwa Ibom State: Known for large scale palm plantations and high quality oil production.

 Cross River State: Significant production area with numerous processing facilities.

 Rivers State: Produces substantial quantities of Palm Kernel Oil, contributing to Nigeria’s overall output.

 Common Specifications of Palm Kernel Oil

When purchasing Palm Kernel Oil from Nigeria, international buyers should consider the following specifications to ensure they receive high quality products:

•  FFA (Free Fatty Acid): Maximum 5%
•  Moisture and Impurities: Maximum 0.2%
•  Color: Golden yellow to brown
•  Odor: Characteristic, free from rancidity
•  Iodine Value: 1421
•  Saponification Value: 240250

 Advantages of Nigerian Palm Kernel Oil

•  High Quality: Nigerian Palm Kernel Oil is known for its purity and consistency.
•  Versatile Applications: Used in food processing, cosmetics, and pharmaceutical industries.
•  Sustainable Practices: Many Nigerian farmers use sustainable harvesting and processing practices.

 How to Safely Source Palm Kernel Oil

Sourcing Palm Kernel Oil can be streamlined by partnering with reliable export companies. Below are essential steps to follow:

 Verify Exporter Credentials

•  Corporate Affairs Commission (CAC) Registration: Ensure the exporting company is registered with the CAC.
•  Nigerian Export Promotion Council (NEPC) Registration: The exporter should also be registered with the NEPC.
•  Domiciliary Account: The company should have a domiciliary account for international transactions.

 Required Export Documentation

•  Certificate of Origin
•  Bill of Lading
•  SGS Inspection Certificate
•  Phytosanitary Certificate
•  Fumigation Certificate

 Where to Find Reliable Exporters

To find trustworthy Palm Kernel Oil exporters in Nigeria, consider the following methods:

•  Trade Fairs: Attend agricultural and trade fairs to meet potential exporters.
•  Search Engines: Use platforms like Google to search for exporters.
•  LinkedIn: Connect with exporters and agricultural trade professionals.
•  Trade Platforms: Register on platforms like Alibaba, Tradeford, and Go4WorldBusiness.

 Price of Palm Kernel Oil

The price of Palm Kernel Oil depends on several factors, including:

•  Grade of Produce: Higher grades typically cost more due to better quality.
•  Harvest Season: Prices may vary depending on whether it is harvest season.
•  Order Quantity: Larger orders often come with discounts.
•  Freight & Haulage Costs: Shipping costs can impact the overall price.
•  Market Demand: Fluctuations in demand can influence prices.

 Payment Methods

Common payment methods for purchasing Palm Kernel Oil include:

•  Bank (T/T) Payment: International wire transfers via the SWIFT network.
•  Advance Payment: Typically 3050% upfront, with the balance paid after shipment.
•  Letter of Credit (L/C): Guarantees payment upon meeting specified conditions.

 Shipping & Delivery Terms

When shipping Palm Kernel Oil, consider the following:

•  Order Quantity: Larger orders are usually shipped via sea freight, while smaller orders may use air freight.
•  Cost of Delivery: Sea freight is generally cheaper for large volumes.
•  Time of Delivery: Air freight is faster but more expensive.
•  Incoterms: Choose between FOB (Free on Board) and CIF (Cost, Insurance, and Freight) based on your needs.

 Import Palm Kernel Oil the Right Way with Effy Agro

Effy Agro is a trusted global order fulfillment and sourcing solution company with deep expertise in the Palm Kernel Oil industry. Our end to end supply chain solution ensures the export of quality Palm Kernel Oil is easy, quick, and safe. No matter where you are—Europe, Asia, USA, Canada, Africa, South America, or Oceania—you can reliably order your agric products, and we will ensure they are successfully delivered to you.

Our Palm Kernel Oil Trade Specifications:

•  Origin: Nigeria
•  Product Name: Palm Kernel Oil
•  Physical Specification: Based on Buyer’s Specification
•  Quantity: Based on Buyer’s Specification
•  MOQ: 10 Metric Tonnes
•  Trade Process: Ex Works/FOB/CIF
•  Inspection: SGS/Cotecna/Intertek/Bureau Veritas
•  Packaging: Based on Buyer’s Specification
•  Payment Method: TT (Bank Transfer) or L/C
•  Shipping Time: 15 to 25 Days After Confirmation of TT or L/C
•  Loading Port: Lagos, Nigeria or Tema, Ghana

Expected Shipping Documents:

•  Bill of Lading
•  Certificate of Origin
•  SGS Inspection Certificate
•  Phytosanitary Certificate
•  Fumigation Certificate
•  Commercial Invoice
•  Packing List