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 Contact the poster: |
SANDLEWOOD PLANTATIONS INVESMENT
Sandalwood
Sandalwood is the name given to a group of fragrant tropical woods, especially Santalum album, an evergreen hemi-parasitic tree native to south Asia. Sandalwood is one of the world's oldest known sources of perfume whose use dates back around 4,000 years. Products include soaps, incense, medicines, aromatic timber and oil.
The vital heartwood used to produce oil forms best between 600 and 900 metres above sea level with moderate rainfall of 850 to 1200 millimetres. Touchwood plantation conditions in Sri Lanka are ideal for growing sandalwood. Trees can reach 18 to 20 metres in height and 2.5 metres across.
Sandalwood products have been used for both ceremonial and medicinal purposes for centuries. Ever-increasing demand and diminishing global supply has resulted in sandalwood timber and oil prices rising significantly. The global demand for sandalwood is estimated at between 6,000 to 7,000 tonnes per year. India, the largest sandalwood producer, has reduced the permissible harvest from 3,000 tonnes in the early 1980s to less than 1,400 tonnes per year in 2003. Consequently the price of sandalwood has increased significantly from US$4,000 to approach US$60,000 per tonne in 2005 (source: National Plantation Inventory, 2005).
Sandalwood is the second most expensive legally harvested timber (source: Australian National University, 2005).
Woodlot Packages (US$)
please visit
http://www.touchwood.com/Sandalwood_HarvestReturns.php
All projected harvest values are estimated. Actual amount would depend on the market value of the harvest at maturity.
Date Effective from: 18th June, 2008
The estimated value for each tree at harvest is in Sri Lankan rupees. At the time of harvest the rupee value of the harvest belonging to the client is converted to US$ at the rate prevailing at harvest. The figures quoted are estimates. Actual values at harvest can vary according to growing conditions and market value at harvest time.
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Ref No: 0217/260661
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