Palm Kernel and PKO Business; Trading Profitably

Palm kernel/ Palm kernel oil (PKO) business is a highly lucrative business but one that requires a lot of knowledge and experience.

Palm kernel is largely traded and sought for, due to its highly in – demand oil – Palm kernel oil, known as PKO.

You can invest in Palm kernel and PKO trading and investment either by directly being involved in the sourcing, milling, storage, transportation and marketing or by indirectly investing in those who are already skilled in the business.

Most newbie think that all is needed to be successful in the Palm kernel and PKO business is simply having the needed capital to begin. Unfortunately a lot of these people who share this same mind set most often as it had been the case, go on to lose most if not all their start up capital and become frustrated in the end.

Palm kernel trading and business is a very lucrative one. With the palm kernels being available in bulk supply mainly during the dry seasons and more so with the very high demand for the products by secondary processors and industries, coupled with the insufficient production of palm fruits, it is an investment with an assured high return on investment (ROI).

However, as with every investment that is high yielding, there are a lot of pitfalls to be avoided and basic rudiments to be learnt before venturing into the business.

As the Palm kernel season gradually approaches, be sure to educate yourself well enough to tap into this highly lucrative venture, especially in this era of low returns on financial derivatives and fixed deposits at the banks as well as difficult FX regime for import dependent investments.

Some of the following areas must be well understood and a prospective investor in the Palm kernel trade grounded in their workings to be successful. They include;

• Funding; How to allocate resources to maximize profit

• Sourcing; Where to source cheaper.

• Quality Assessment; How to determine quality of kernels

• Measurement Standards

• Pricing

• Tips to avoid being cheated by the kernel merchants

• Maximising profit through storage

• Determining moisture content

• Sorting techniques

• Measurement Standards

• Transportation

• Marketing