Palm oil plantation investment is a lucrative investment instrument,
once you plant, it's always said that your next generations will reap from it.
Palm plant outlives the owners and it is not affected by the economy of the local
country where it is located. Because it’s an international commodity like crude oil.
As at Jan 31th 2020 a ton of refined palm oil is sold for $834 in the international market.
The Amazing thing about the commodity is that according to index mundi, the price has not gone blow the figure in the past ten years.
Hectare of palm plantation will yield an average of 3.9 tons of oil. 500 Hectare of palm plantation will yield 3.9 tones x 500 = 1950 As at Jan 31th 2020, price was $834 per ton 1950 x $834 = $1,626,300 Equivalent of 585.468 Million Naira
1 Hectare of palm plantation will yield an average of 0.5tones 500 Hectare of palm plantation will yield 0.5 x 500 = 25tones As at Jan 31th 2020, price was $954.7 per ton 250x 954.7= $238,867 Approximately 85.923 Million naira There are other uses of palm oil just as petroleum oil but we want to focus on these two instrument: palm oil and palm kernel At 1.5 million naira conservative estimate per hectare, 150 hectares equals 225 million naira
Invest today with Agro returns and become an oil millionaire!!