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What is the price of agarwood?

What is the price of agarwood?

Agarwood is the world’s rarest and the most expensive variety of wood to be sold. According to Business Insider, one kilogram of agarwood can cost as much as $1,00,000 or Rs. 73,00,000. At present, the price of one gram of diamond in India is Rs 3,25,000, while 10 grams of gold is worth around Rs 47,695.

What is the price of agarwood per kilogram?

The valuation of Agarwood is approximate Rs 5-6 lakh per kg, in India.

What is agarwood called in Urdu?

Both agarwood and its resin distillate/extracts are known as oud (عود) in Arabic (literally “rod/stick”) and used to describe agarwood in Arab countries.

How do I start agarwood business?

To attain the need of Agarwood, it is very important to plant more trees to meet the demand. Currently, 20 percent of Agarwood is producing. Cultivation could be done successfully through private nurseries. Identifying Aquilaria containing seed is the first step of cultivation.

Can you invest in agarwood?

Your investment will directly cause the plantation of new trees! Because it is an affordable investment! Agarwood is the ideal investment opportunity in everybody’s reach. Returns are usually paid out after 7 years and right now, average returns are 157% over these 7 years.

Where can I get agarwood?

Lapnisan or agarwood is a non-timber type of wood that is used for its sap or resin, which is used in the perfume and scents industry. The tree is very rare and is found in the deepest parts of the jungles of Southeast Asia, including the Philippines.

How long does agarwood take to grow?

Since agarwood formation in natural environment is a very long process which can take up to 10 years, the development of effective induction technology has received a great attention as it is extremely crucial to ensure the stability of agarwood yield from the domesticated Aquilaria trees.

What does agarwood mean?

Agarwood, or Gaharu, is a resinous heartwood that occurs occasionally in trees belonging to the genus Aquilaria of the Thymelaeceae family.

How is agarwood oil extracted?

Our extraction method of Agarwood oil is Hydro distillation which is the gentler process for obtaining essential oils. In this method, Agarwood chips are fully submerged in water, producing a ‘soup’, and the still is brought to boil. The resultant steam of which contains the aromatic plant molecules being captured and condensed.

What is agarwood oil?

Agarwood Oil, also known as Oud oil, Aloeswood oil, and many other names depending location, is an extremely rare and precious natural oil obtained from several species of Agarwood (Aquilaria sp.) trees.