What is the cost of 1 kg of sandalwood?
What is the cost of 1 kg of sandalwood?
White Sandalwood, Rs 22000 /kg Geeta Trader | ID: 17798204030.
What is the current price of sandalwood?
The benefits of the crop to a producer are stupendous. After the age of seven to eight years, the heartwood of a sandalwood tree grows by 1 kg every year, and its market price is between Rs 3,000 and Rs 6,000 per kg.
What is the cost of 1 kg red sandalwood?
Indian Red Sandalwood at Rs 9500/kilogram | Red Sandalwood | ID: 8487016388.
Is it legal to plant sandal tree?
Government declared growing sandalwood tree illegal due to rise in smuggling and exporting of sandalwood in recent years. However, planting of sandalwood is legal in India but plantation activities are undertaken by governments departments. The department controls the cutting of sandalwood.
Can we sell red sandalwood?
One kilogram of sandalwood costs around ₹10,000, according authorities in the Forest Department. Barring Srigandada Kote (the department’s sandalwood depot) and the Karnataka Soaps and Detergents Ltd. (KDSL), trees on private land cannot be sold to others. The felled tree is transported to the sandalwood depot.
Who buys red sandalwood?
Yoga guru Baba Ramdev has emerged as the biggest buyer of the much-sought after red sanders in the country. In the recent auction conducted by the Andhra Pradesh government, Ramdev’s Patanjali Yogpeeth, Hardwar, bought 706 tonnes of red sanders for Rs 207cr.
Which sandalwood is most expensive?
The Indian sandalwood tree (Santalaum album) is perhaps the planet’s most expensive wood, because of its cosmetic and therapeutic value. There is huge international demand for it, with its fragrant heartwood priced at over Rs. 10,000 a kilo.
Is Chandan farming profitable?
From an acre of land, you can expect a yield of 5000 kg of sandalwood. The cost of sandalwood cultivation would approximately be around Rs 8 to 10 lakh per acre (https://www.agrifarming.in/sandalwood-farming-project-report-cost-profit), but the returns can range between Rs 1.5 crore to Rs 2 crore.
Can I sell sandalwood?
Barring Srigandada Kote (the department’s sandalwood depot) and the Karnataka Soaps and Detergents Ltd. (KDSL), trees on private land cannot be sold to others. “Permission is given to cut a tree in private ownership after a thorough inspection. The felled tree is transported to the sandalwood depot.
Can sandalwood be exported?
The Government has now restricted the export of sandalwood oil, a move which is aimed to discourage the illegal shipments of the product from the country. “Export of sandalwood oil has been moved from ‘Free’ to ‘Restricted’ category’,” the Directorate General of Foreign Trade (DGFT) said in a notification (no.
Which wood is banned in India?
Species Details latifolia logs and sawn timber is banned from export under the Indian Forest Act. D. latifolia is a major export species and is traded to China, the U.S., and the EU, among others.
How much does sandalwood sell for in Karnataka?
According to A K Verma, Karnataka’s principal chief conservator of forest, the auction held recently saw mixedwood fetching Rs 14.76 lakh a tonne and whitechips Rs 43,000 a tonne. Sandalwood is regulated by the government and is sold through public auction.
Why is sandalwood so expensive?
The production of sandalwood is not able to match demand. The country’s production has fallen from a high of 4,000 tonnes per annum in the 1960s to 2,000 tonnes during 1990s to 1,000 tonnes now. This gap in demand and supply has led to the steep increase in prices and massive smuggling, he added.
Who is the largest supplier of sandalwood in the world?
The Forest Products Commission (FPC), which governs the state-owned sandalwood resources of Western Australia, claims to be the largest supplier of sandalwood resources in the world.
Will India buy Australian sandalwood oil from Australia?
Ironically, India will soon begin buying sandalwood oil of the indigenous variety grown in Australia. “Indian sandalwood oil is priced at Rs. 65,000 per kilo which is easily twice the price of sandalwood oil from Australia and three times the price of African sandalwood oil.
