Agarwood

Why is Agarwood so expensive?

First-grade agarwood can cost as much as $100,000 per kilogram. Why is Agarwood so expensive? First-grade agarwood can cost as much as $100,000 per kilogram. In order for the aquilaria tree to produce any agarwood, it must first become infected. Agarwood chips also known as oud are carved out by hand. Narrator: For thousands of years, agarwood has been known as "The Wood of the Gods." First-grade agarwood can cost as much as $100,000 per kilogram, making it one of the most expensive raw materials in the world. But for this tree to produce any agarwood, it must first become infected with [...]

Thailand Government to allow Trees as Collateral for Loans

Bangkok Thailand, August 2, 2020: Owners of 58 economically valuable trees will be able to use them as collateral when applying for loans at financial institutions under a new Thailand Government policy, Government spokesperson Narumon Pinyosinwat said on her Facebook page. “This policy was proposed by the Ministry of Commerce as a measure to help people gain access to financial aid and promote the growing of economically valuable trees in communities,” she said. “The ministry therefore issued a regulation regarding other types of valid collateral that can be used under the Business Collateral Act BE 2558, while the types of economically [...]

Royal Thai Forestry Department Registration

BANGKOK, May 3, 2020 (Press Release) - Bangkok, Thailand based Plantations International Co. Limited who is part of the Plantations International Group of companies is very pleased to announce that the Royal Thai Forestry Department has accepted and approved its registration of its latest Agarwood tree plantation in Chonburi, Thailand. The Royal Thai Forestry Department is a department in the Ministry of Natural Resources and Environment (MoNRE) and part of the Government of Thailand. It is Thailand's premier authority on all forestry related issues and forestry licensing matters. Plantations International currently has two offices in Thailand, its main administrative headquarters are [...]

The Unique Fragrances of Agarwood

Agarwood (Aquilaria spp.) fragrance and its origin in stress make it probably the most suitable model to study stress-induced aroma. Production being confined only to certain small pockets of South and Southeast Asia, agarwood is arguably the costliest wood in the world. Formation of fragrant agarwood resin is the outcome of complex biotic, abiotic, and physical stress on the Aquilaria trees. The intricate mechanism by which some 150 odd fragrant molecules that constitute agarwood aroma is formed is still not clearly understood. The present review therefore aims to bring to focus this less known but highly valuable stress-induced aroma from Asia. [...]

Cracking Down on Illegal Agarwood Logging

Illegal Agarwood logging is a massive environmental and economic problem that has plagued governments for decades. One of the principal causes of deforestation of the Agarwood tree in Asia, illegal logging can take a variety of forms, from harvesting the oud oil from protected areas to felling protected tree species to falsifying timber licences. Many international organizations have taken a stand against illegal logging, and consumers are now demanding stricter standards for imported timber. Illegal Agarwood logging can have far-reaching and devastating consequences. The widespread deforestation it causes can inflict huge damage on animal habitats, and can deprive local communities of [...]

Why is Agarwood Oud Oil so Expensive

To be blunt about this, the one thing a fanatic could not call Agarwood oil or "Oud Oil" as it is more commonly known as is cheap. The most affordable Oud oils are on the lower end of $200 per Tola. This is a price that many would still feel is unusually high for an oil of any kind. Of course, Oud oils are not your typical oils, being a much high caliber with a much more complicated distilling process. In fact, these differences are a major reason why the prices for Oud oils have reached over of $5000 per Tola [...]

Why are Agarwood Investments so Profitable?

When one stumbles across something as special and revolutionary as an Agarwood investment, it rarely remains a secret for very long. If something comes along and flips everything on its head, changing the market entirely and reshaping people’s ideas of what that market could be, everyone will want to get their hands on it. It’s basic knowledge and yet you have to wonder why this is. And in the case of Oud Oils, there are various answers to this looming question. And if we dig into these reasons, we will find that the sheer nature of the Agarwood investment lends itself [...]