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.

Red sandalwood price per kg 2020 in india.

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. India has out priced itself from the market while australia has positioned itself as the dominant supplier of sandalwood and its oil. 65 000 per kg if it is extracted from smuggled wood and rs 1 5 lakh per kg. 200 000 per tonne in 1990.

That move constricted supply and jacked up the price of indian sandalwood oil. It is smuggled out in ship containers or as air cargo masquerading as foodstuff mostly with the collusion of customs officials. The price of sandalwood in india is everyday increasing price rs. 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.

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. Get info of suppliers manufacturers exporters traders of sandalwood for buying in india. This time prices are expected to go higher.

4000 000 per tonne in 2004 and 7500 000 per tonne in 2014. India uses all s. The red sandalwood is of high demand in china korea singapore malaysia canada usa uk singapore malaysia and gulf countries. 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 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. The wood is famous for its aroma and growth. 20 000 per tonne in 1980 rs.