International Market Red Sandalwood Price
Get here lists of red sandal wood red sandalwood manufacturers suppliers and exporters.
International market red sandalwood price. Read more about sandalwood fetches record prices on business standard. One ton of the wood is believed to fetch anywhere between rs 20 to 40 lakh rupees in the international market. The frequent crackdown and the resultant shortage in the market may push the prices of red sanders in the international market says a farmer who once traded in the wood but gave up when he was unable to meet many of the legalities post the 2000 ban. Sandalwood price 2017 by india government.
Pterocarpus santalinus common names red sanders red sandalwood rakt chandan and saunderswood this tree is valued for the rich red color of its wood. Going by the price estimated by police and forest officials per kilo price is rs 150 however as per an estimate in the international market price of the red sandalwood is around rs 5 000 per kilo. 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. The wood is not aromatic.
Red sandalwood and the products made from this wood is in huge demand especially in countries such as china and japan where it is used for making musical instruments furniture sculptures etc. 4 years old red sandalwood trees for sale. Red sandalwood logs minimum quantity 20 tons gian chand megh raj gandhi market sadar bazaar delhi 5690 4 gandhi market sadar bazar sadar bazaar delhi 110006 delhi. These shown red sandalwood manufacturing companies are offering good quality products at low price.
The sandalwood auction held at marayur on wednesday drew good response from bidders. 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. Red sandalwood is used in traditional herbal medicines. Karnataka forest departments sandalwood auction at mysore fetched an all time high of rs 38 51 lakh a tonne for heartwood old mature trees central portion as against the normal price of rs 30 32.
It is fast growing reaching almost 5 metres tall in three years even on degraded soils. Sale of old stocks is permitted but with stringent conditions.