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Mansa Markets/Commodities/Palm Oil
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
$1,108.68
-1.89%USD per metric tonFRED commodity benchmarks · 8 Aug 2026
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

1 Nov 20251 Jun 2026
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

Okomu Oil PalmOKOMUOIL ->

Nigeria's leading listed oil-palm plantation — revenue tracks the palm oil price.

Presco PlcPRESCO ->

Integrated Nigerian palm producer and refiner — directly geared to the palm oil price.

Methodology

The global benchmark is sourced from public EIA/FRED series. African country-level prices are seasonal regulator announcements and exchange reports, each stored with its source, 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.