Red Sandalwood Price Per Kg 2020 In India

It is smuggled out in ship containers or as air cargo masquerading as foodstuff mostly with the collusion of customs officials.

Red sandalwood price per kg 2020 in india.

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. Find here online price details of companies selling sandalwood. The sandalwood auction held at marayur on wednesday drew good response from bidders. India uses all s.

65 000 per kg if it is extracted from smuggled wood and rs 1 5 lakh per kg. India has out priced itself from the market while australia has positioned itself as the dominant supplier of sandalwood and its oil. The price of sandalwood in india is everyday increasing price rs. 4000 000 per tonne in 2004 and 7500 000 per tonne in 2014.

This time prices are expected to go higher. The red sandalwood is of high demand in china korea singapore malaysia canada usa uk singapore malaysia and gulf countries. 20 000 per tonne in 1980 rs. 200 000 per tonne in 1990.

Album domestically and export is prohibited usda 1990. The highest price fetched for the high quality class 5 sandalwood at the auction held in august last year was 10 500 a kg. The wood is famous for its aroma and growth. 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.

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