Red Sandalwood Price Per Kg 2020 In India

The auction generated a revenue of rs 14 crore after 26 tonnes of the nearly 50 tonnes of sandalwood placed for auction at the forest division office was sold.

Red sandalwood price per kg 2020 in india.

In the first auction red sanders logs of a grade fetched a price rs 1 95 crore per tonne price for b grade ranged from rs 155 35 lakh to rs 48 45 lakh per mt while for grade c the price ranged. The highest price fetched for the high quality class 5 sandalwood at the auction held in august last year was 10 500 a kg. India uses all s. It is smuggled out in ship containers or as air cargo masquerading as foodstuff mostly with the collusion of customs officials.

This time prices are expected to go higher. The price of sandalwood in india is everyday increasing price rs. India has out priced itself from the market while australia has positioned itself as the dominant supplier of sandalwood and its oil. Today it costs anywhere between rs.

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. 65 000 per kg if it is extracted from smuggled wood and rs 1 5 lakh per kg. The sandalwood auction held at marayur on wednesday drew good response from bidders. 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.

A tonne of red sanders fetches up to rs 20 lakh in india but its international landing price is above rs 50 80 lakh a forest officer from the vellore range said last year. That move constricted supply and jacked up the price of indian sandalwood oil. Album domestically and export is prohibited usda 1990. The wood is famous for its aroma and growth.

The red sandalwood is of high demand in china korea singapore malaysia canada usa uk singapore malaysia and gulf countries. Find here online price details of companies selling sandalwood. 200 000 per tonne in 1990.