Red Sandalwood Price Per Kg 2020 In India

That move constricted supply and jacked up the price of indian sandalwood oil.

Red sandalwood price per kg 2020 in india.

Album domestically and export is prohibited usda 1990. India uses all s. Find here online price details of companies selling sandalwood. India has out priced itself from the market while australia has positioned itself as the dominant supplier of sandalwood and its oil.

200 000 per tonne in 1990. The red sandalwood is of high demand in china korea singapore malaysia canada usa uk singapore malaysia and gulf countries. Red sandalwood can be grown anywhere in india can be planted in 10 x 10 feet spacing which yields 500 kg s by 10 years of red sandalwood for each tree. 4000 000 per tonne in 2004 and 7500 000 per tonne in 2014.

The highest price fetched for the high quality class 5 sandalwood at the auction held in august last year was 10 500 a kg. This time prices are expected to go higher. Red sandal grade a grade b and grade c service will provide with suppliers and buyyers who is licenced suppliers with liecenced buyers price start from 500 rs to 2500 rs per kg based on quality. The sandalwood auction held at marayur on wednesday drew good response from bidders.

Today it costs anywhere between rs. 20 000 per tonne in 1980 rs. The price of sandalwood in india is everyday increasing price rs. 65 000 per kg if it is extracted from smuggled wood and rs 1 5 lakh per kg.

It is smuggled out in ship containers or as air cargo masquerading as foodstuff mostly with the collusion of customs officials. The wood is famous for its aroma and growth. Get info of suppliers manufacturers exporters traders of sandalwood for buying in india.