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. 200 000 per tonne in 1990. 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. 20 000 per tonne in 1980 rs.

Today it costs anywhere between rs. India uses all s. 4000 000 per tonne in 2004 and 7500 000 per tonne in 2014. 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.

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. The wood is famous for its aroma and growth. The highest price fetched for the high quality class 5 sandalwood at the auction held in august last year was 10 500 a kg. Get info of suppliers manufacturers exporters traders of sandalwood for buying in india.

The sandalwood auction held at marayur on wednesday drew good response from bidders. Album domestically and export is prohibited usda 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.

India has out priced itself from the market while australia has positioned itself as the dominant supplier of sandalwood and its oil. 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.