Palm Oil price in Ondo today
Palm Oil costs a median of ₦1,500 per 1litre across 1 market in Ondo State as of 31 July 2026. The price has fallen 40% over the past 90 days.
Median price · Ondo State
₦1,500per 1litre
-40%over 90 days
- Lowest
- ₦1,500 Ikare Market
- Typical range
- ₦1,500 – ₦1,500 middle 50% of markets
- Highest
- ₦1,500 Ikare Market
- Markets surveyed
- 1 mean ₦1,500
Last surveyed
Palm Oil prices at Ondo markets
| Market | State | Price per 1litre | vs cheapest | Surveyed |
|---|---|---|---|---|
| Ikare Market | Ondo | ₦1,500 | cheapest |
Price history — last 90 days
Median price moved from ₦2,500 per 1litre in 11 May 2026 to ₦1,500 in 27 Jul 2026.
View the weekly figures
| Week of | Median | Lowest | Highest | Observations |
|---|---|---|---|---|
| ₦2,500 | ₦2,500 | ₦2,500 | 3 | |
| ₦2,500 | ₦2,500 | ₦2,500 | 3 | |
| ₦2,500 | ₦2,500 | ₦2,500 | 2 | |
| ₦2,500 | ₦2,400 | ₦2,500 | 3 | |
| ₦2,400 | ₦2,400 | ₦2,400 | 3 | |
| ₦1,500 | ₦1,500 | ₦1,500 | 2 | |
| ₦1,800 | ₦1,300 | ₦1,800 | 3 | |
| ₦1,300 | ₦1,300 | ₦1,300 | 3 | |
| ₦1,300 | ₦1,300 | ₦1,300 | 2 | |
| ₦1,500 | ₦1,300 | ₦1,500 | 3 | |
| ₦1,500 | ₦1,500 | ₦1,500 | 3 |
Understanding Palm Oil prices in Ondo State
Is Palm Oil getting more expensive?
Over the last 90 days the median price has fallen from ₦2,500 to ₦1,500 per 1litre — a change of 40%. Prices easing usually reflects harvest supply reaching the markets, and that window does not always last.
Which unit is Palm Oil sold in?
Markets report Palm Oil in 1litre, 5litres, 25litres. We never average across units — a price per 1litre and a price per 5litres are different figures, and treating them as one number produces something meaningless. Compare like with like, and check the unit before assuming one market is cheaper than another.
All figures are medians of prices recorded in Nigerian markets, published in Naira.