LAGOS – Nigeria’s palm oil industry is facing one of its most difficult seasons in recent years, as stakeholders warn that a sharp crash in local prices, rising production costs, and an influx of smuggled products are threatening livelihoods across the value chain...READ FULL; ORIGINAL POST; FROM SOURCE.
From smallholder farmers to major processors, operators say the market has become unsustainable, with some selling below production cost.Read The; Complete Original.