Agriculture · Africa's original palm belt
Palm Oil Price.
The oil palm is West African, and Nigeria once led the world in palm oil before Asia's plantations took over. Today Africa's palm belt — Nigeria, Côte d'Ivoire, Ghana, Cameroon — grows a top-tier crop yet still imports to meet demand, which makes the global benchmark a direct input to African food prices and to listed plantation stocks.
Global benchmark
$1,133.13
African layer
Country-level prices
What the farmer is actually paid — farmgate, exchange and export prices the global benchmark never shows.
Landing soon
Country-level farmgate and exchange prices for palm oil — sourced from Nigeria, Côte d'Ivoire, Ghana regulators — are being wired in. Each will carry its source, cadence and as-of date.
History
Benchmark price history
Production
Africa's role
Africa's share
Africa's original palm belt
Top producers
Nigeria · Côte d'Ivoire · Ghana · Cameroon · DR Congo
Seasonality
Harvested year-round with a peak roughly February–May in West Africa. Nigeria — once the world's largest producer — is now a top-five grower and a net importer, so local prices track both the global benchmark and the naira.
Cross-market
Related listed companies
MethodologyThe global benchmark and African country-level prices are collected and checked by Mansa Markets: exchange-traded prices, export references and official regulator announcements, each stored with its price type, cadence and as-of date. Prices are for informational purposes only and are not real-time.
Frequently Asked
Palm Oil FAQ
Which African countries produce the most palm oil?
Nigeria is Africa's largest palm oil producer and among the world's top five, followed by Côte d'Ivoire, Ghana, Cameroon and DR Congo — yet the continent remains a net importer.
Why does the palm oil price matter for Nigerian stocks?
Listed plantations Okomu Oil and Presco sell into a market priced off the global benchmark, so their revenues — and their NGX share prices — move with it.
Are these palm oil prices real-time?
No — the global benchmark updates monthly. Every figure carries its source, cadence and as-of date.
