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 in china.
The red sandalwood is of high demand in china korea singapore malaysia canada usa uk singapore malaysia and gulf countries.
Oil currently sells for around us 1 500 per kg.
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.
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.
The benefits of the crop to a producer are stupendous.
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.
Recently the government also announced a 75 per cent subsidy on sandalwood cultivation.
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 lower production and processing costs enables santalum spicatum oil to be used in several applications and products targeting the emerging asian middle class.