How profitable is palm kernel oil processing business in Nigeria?
Palm kernel oil is different from the common red palm oil, which is the inside kernel oil of the palm nut, with around 50-55% oil content rate. Now more and more clients begin to study about this palm kernel oil processing business, and find that it is far more profit than you can imagine, here is why.
Palm nuts is the major material of palm kernel oil processing business
First, usually palm oil mill will produce palm oil as well as the by product: mixture of fiber and nut. While most people didn't know how to deal with it, so just burn it as fuel for the boiler or cooking pot. So the raw material can be easily found at good price, and since there is not much people into this business yet, so it is very profitable to step into this business as soon as possible.
People can easy get palm nuts and palm kernel to start palm kernel oil processing business
Second, the market demand for this palm kernel oil is high, so you can sell at good price, which can earn you more profit.
Third, now Nigeria local government is encouraging people to do palm oil and palm kernel oil processing business, and they asked bank to offer lower interest rate for people who want to buy palm kernle oil processing machine. It is a very good financial support for palm kernel oil processing business investors .
Nigeria local government is encouraging people to do palm kernel oil processing business
All in all, it is never too late to start the palm kernel oil processing business in Nigeria, and the sooner, the better, the more profit you can make from it. Welcome to step into this business by choosing us as your reliable palm kernel oil processing machine supplier!
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