Oil currently sells for around us 1 500 per kg.
Red sandalwood price per kg in china.
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.
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 benefits of the crop to a producer are stupendous.
Only liecenced suppliers or liecenced formers.
After the age of seven to eight years the heartwood of a sandalwood tree grows by 1 kg every year and its market price is between rs 3 000 and rs 6 000 per kg.
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.
Oil currently sells for around us 2 500 per kg with the price primarily driven by the alpha santalol content.
The wood is famous for its aroma and growth.
Recently the government also announced a 75 per cent subsidy on sandalwood cultivation.
The red sandalwood is of high demand in china korea singapore malaysia canada usa uk singapore malaysia and gulf countries.