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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Agarwood, මුරුංගා & other Plantation ideas

Agarwood, මුරුංගා & other Plantation ideas

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suja


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Hi, does anyone know whether the tree will grow in the dry zone specially puttalam area?

Kithsiri


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@suja wrote:Hi, does anyone know whether the tree will grow in the dry zone specially puttalam area?
Hitherto this is a wild plant and not much care is needed.
I may be wrong but have a strong gut feeling that harsh weather conditions may trigger resin production earlier than the plants in the wet zone.
Give it a go and good luck. Very Happy 

Chinwi


Associate Director - Equity Analytics
Associate Director - Equity Analytics
@Kithsiri wrote:
Can someone shed more lights on this "other methods" being used by other countries ?
I am interested and my Cross-hair is focused on Walla-patta now. Very Happy   

හා හා පිස්සුව හැදුන වගේ !

බොහොමයක් 100% සාර්ථක ක්‍රම නොවේ .

අපේ පරණ අය  පලදාව නැති ගස් වලට කරන්නේ . අන්න ඒ වගේ ක්‍රම.

සමහර රටක ගම් වැසියන් කඳට  ඇණ  ගහනවා , ගහ තුවාල වෙන්න ගහනවා,  පොතු ගහනවා .
ගසේ කඳ  නිරාවරණය වෙන ලෙස සිදුරු හදනවා .   තවත් රටක  ගස් වලට දරුණු ලෙස පොරෝ පහර දීගෙන යනවා .
පැරණි චීනයේ යකඩ නියනක්  කඳ තුලට විද එම යකඩයේ එලියට ඇති කොටස  ගිනි තියනවා .

ඒ වගේම අස්වැන්න ගත්  කපා දමන ලද  පරණ අගාර්  ගහකින්  ගත් ශාක කොටස් ගෙන අලුත් ගස් වල සිදුරු විද ඒවා ඇතුල් කරනවා .
මේවා ක්‍රිස්තු වර්ෂ 800 තරම් ඈතක සිට පැවති ක්‍රම .

කෙසේ වුවත් දැනට වත්තේ ලොකු ගස් නැත්නම් මුලින්ම කල යුත්තේ වවන්න පටන් ගැනීමයි. මොකද ගස් අවම වශයෙන්  6 වසරක් වත් පරණ වෙන්න ඕන ඊළඟ ස්ටෙප් එකට යන්න .


------
@ suja,

At the moment it can be found in wet zone. I have no idea about growing it in the  dry zone.

BTW, I was the first to cultivate Dendrobium Orchids  commercially in Dry Zone - in hot, arid and low humid  Hambantota in late 90s . Until then the commercial growers were told by experts that it can be grown only in Wet zone mainly in Kaluthara, Colombo and Gampaha areas.

About Aquilaria , they say at the moment,

"Aquilaria Agarwood is suitable for planting in the lowland areas to the mountains at an altitude of 0 - 750 meters above sea level with an average rainfall of less than 2000cm. Appropriate temperature is between 27 ° C to 32 ° C with a rate of 70% sunlight. Suitability of land types soft and sandy clay soil with a pH between 4.0 to 6.0. "

I am sure trees can be grown in Puttalam but we have to think about maintaining high humidity and cooler climate as we are depending on fungi formation in agar business.  If high temperature kill the fungus then you have to sell the tree for firewood !

p.s.
On the other hand, Kithsir's point is also can be considered. Harsh weather and windy climate support fungus to go inside the tree. I am concerned about the high temperature.

Kithsiri


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ Chunwi
Thanks.
I have a fairly large plot in Matara and plans are already afoot to plant a few there.
Keep you guys posted the developments later.

udith


Stock Trader
Check this
www.mdpi.com/1420-3049/18/3/3086/pdf‎

sorry search this

Whole-tree Agarwood-Inducing Technique

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@suja wrote:Hi, does anyone know whether the tree will grow in the dry zone specially puttalam area?

Suja,
You should try Aloe vera plants. Much easier and less time to harvest. Especially in puttalam area. I have read an article somewhere. Need to find it. as per that, a company in Puttalama ready to buy plants from you.

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@Kithsiri wrote:@ Chunwi
Thanks.
I have a fairly large plot in Matara and plans are already afoot to plant a few there.
Keep you guys posted the developments later.

If you get Aquilaria seeds let us know pl.

girihell


Senior Equity Analytic
Senior Equity Analytic
http://www.ft.lk/2013/06/04/the-walla-patta-stink/

Walla Patta, or Gyrinops Walla as it is scientifically known, is an indigenous herb that is used to produce some of the finest perfumes in the world. Since it is exclusive to the country, trade in this precious plant is prohibited

above article says its illegal in sri lanka so how are we going to do it if we are planing on doing such plantation in commercial level.

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Chinwi wrote:
@Kithsiri wrote:@ Chunwi
Thanks.
I have a fairly large plot in Matara and plans are already afoot to plant a few there.
Keep you guys posted the developments later.
If you get Aquilaria seeds let us know pl.
I am expecting saplings than seeds and sure I will let you know.Very Happy 

besthope


Manager - Equity Analytics
Manager - Equity Analytics
I am thinking, best thing is forget all above plants. first leagalize ganga (marihuana) in sri lanka. now legal in most of america, european counties and now australia also thinking making legal for medicinal purposes as this is a medicinal plant. far better for our youth than alcohol, kassippu and cigarretes. many health benefits for glaucoma. In india Bhang (hemp) is used in temples. tourists increasingly comming and they also like. best crop price per acare. read about the colorado story on the international network. Narco- tourism. just imagine like lennon saying. all are stoned. our people also become less violent than after alcohol & kassippu. rape, murder, ego problems, also dissapear.

https://www.google.lk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&ved=0CC0QFjAA&url=http%3A%2F%2Fwww.rand.org%2Fpubs%2Fworking_papers%2F2010%2FRAND_WR764.pdf&ei=nH7eUbKsL8PJrAe974HYBA&usg=AFQjCNEJjXOgQVPWnsOlvQu08x7gZOXaww&bvm=bv.48705608,d.bmk

The above is cost of production per acare.

Selling price of legal medicinal marihuana in california is Rs 1.6 Mill per kg.

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@besthope wrote: Selling price of legal medicinal marihuana in california is Rs 1.6 Mill per kg.
I think I am a Billionaire already. Very Happy 

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@girihell wrote:http://www.ft.lk/2013/06/04/the-walla-patta-stink/

Walla Patta, or Gyrinops Walla as it is scientifically known, is an indigenous herb that is used to produce some of the finest perfumes in the world. Since it is exclusive to the country, trade in this precious plant is prohibited

above article says its illegal in sri lanka so how are we going to do it if we are planing on doing such plantation in commercial level.

You can get permission for commercial growing in your land. It is not narcotic. Prohibition is to save nature.
Even few of us get together we can apply. That particular company has already got the permission to grow , cut and sell. Hence the door is now open for others also.

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
More on walla .... with small clarifications.

Sri Lankan tree is not Aquilaria but Gyrinops walla .
Both varieties belongs to the same family, Thymelaeaceae.

At the moment 1st grade agarwood is coming from Aquilaria which is not found in Sri lanka.
Research are being done to test the composition of Agar found in Sri lankan Gyrinops.

If the chemical combinations needed to make 1st grade Oud Oil perfume (Agar) is not matching in our product you may not get the higher prices and they will put it to grade III or below.

@ Kithsiri, girihel,

Gyrinops is not a protected plant in Sri Lanka. If you cut any tree in the protected jungle that is prohibited . At the moment people are cutting it from jungles. That is why they raid. The higher values given in the newspapers are not correct for the low grade Agar we found , they say.

You can cut Walla tree in your private land without any permission. Somehow, selling out of the country is prohibited.

By the way, we should try to get some Aquilaria casanna from Thailand, which is a proven variety for top grade Oud oil.
If we succeed producing agar using imported aquilaria, we can cut and sell it without any restrictions.

girihell


Senior Equity Analytic
Senior Equity Analytic
@Chinwi wrote:More on walla ....  with small clarifications.

Sri Lankan tree is not Aquilaria but Gyrinops walla .
Both varieties belongs to the same family, Thymelaeaceae.

At the moment 1st grade agarwood is coming from Aquilaria which is not found in Sri lanka.  
Research are being done to test the composition of Agar found in Sri lankan Gyrinops.

If the chemical combinations needed to make 1st grade  Oud Oil perfume (Agar) is not matching in our product you may not get the higher prices and they will put it to grade III or below.

@ Kithsiri, girihel,

Gyrinops is not a protected plant in Sri Lanka. If you cut any tree in the protected jungle that is prohibited . At the moment people are cutting it from jungles. That is why they raid. The higher values given in the newspapers are not correct for the low grade Agar we found , they say.

You can cut Walla  tree in your private land without any permission. Somehow, selling out of the country is prohibited.

By the way, we should try to get some Aquilaria casanna from Thailand, which is a proven variety for top grade Oud oil.
If we succeed producing agar using imported aquilaria, we can cut and sell it without any restrictions.

Thanks for the info chinwi Very Happy 

I have few acres of land in the wet zone right now we are basically cultivating vegetables,
its become more difficult with finding workers and other issues.

I'm looking into options which will have low maintenance cost and long term income.

Smile 

manula


Vice President - Equity Analytics
Vice President - Equity Analytics
Chiniwi, Thanks for all the information. As I was working in Qatar, thought to buy some coconut land or some.. for when return to start keep active. But when going through this thread.. learn many other plants,like walla. Any good site.. or way to learn more about these things???

Rookantha


Stock Trader
Hi, What you are saying here is very interesting. Have they (Sadaharitha) obtained a patent for CA Kit? From where else we can get the chemical? Please share with us if you know.

Thanks

@Chinwi wrote:
@Arena wrote:Sadaharitha ?
Now they offer Agarwood scheme also. (වල්ල පට්ට - Aquilaria tree )

Instead of growing in the lands selected by them and asking us to invest heavily , now they use our own lands to plant the Aquiliria tree.

They supply small plants and you have to pay money. For 10 plants you have to pay 14,000/-
40 plants are priced at 56,000.

Then you have to take care of the plants for six years.  Then they will come and inject the fungus to the trees to activate Agar production. After two years trees are fell to extract Agarwood resin.
At the moment guaranteed  buy back price is 25,000 per tree.
Cost of fungi is 3,500/-. If you agree to sell the trees to them they will do it free of charge.

(Making Agarwood from Aquilaria trees by TWOD is said to be a low success in Thailand due to non published reasons)


---- ---

I think if you have lands in the wet zone , even few sq.meters, you can plant few trees without anybodies  help.

Because you have to wait at least six years to get the fungi Injection. Until then it will grow like a jungle tree. You can find walla-Patta plants in Balangoda area.

There are many types of CA Kits ( Cultivated Agarwood Kit) produced by various labs.  Prof. Robert A. Blanchette's product is the famous .  In 6 years of time you may find much easy way to get them. Apart from CA Kits, farmers in Bangladesh, Thailand, Vietnam etc. use many other methods to induce resin production.





Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@Rookantha wrote:Hi, What you are saying here is very interesting. Have they (Sadaharitha) obtained a patent for CA Kit? From where else we can get the chemical? Please share with us if you know.
Yes I know. Much was found after I wrote about it last time.
Unfortunately , due to ethical reasons now I cannot write much here.

(Actually after writing previous comments we got more information , went deeper into it and now I am engage with the topic commercially. )

Our Company has obtain preliminary MOU from a bio-chemical producer in Thailand. As you know , without it the tree is useless.

About Sadaharitha: They say they have got rights for CA kit from patent holder. Their cost of importing a syringe for each tree is 3,500 Rupees. They give it 7 years after buying seedlings from them. ( 1 seedling 1,400/-)

Our inoculation method is much different. I am doing research to go beyond the current technology.
If we get the rights and tech-know how to produce the chemical in our labs in SL I am sure we can reduce the cost of inoculation at-least by half. The talks are on and they are +ve.
I cannot write any more due to ethical reasons in the forum. If succeeded, the company may announce it in media / private contacts.

Somehow I may suggest them to supply trees and chemical at a concessional rate to the selected long term members if Admins allow.

----

@ Kithsiri, Suja, girihel, manula.. & others who show interest on this.

We found a foreign company growing this Aquilaria tree in Puttalam area without much publicity. Hence, this is a good news for Suja. It needs water supply during drought.

Aquilaria and Gyrinopus are protected trees under Sites Convention.
You can cut if you grow but international trading is prohibited. To get release from it you have to get permission and record your details in Govt. before importing seeds and maintain records for each tree. If any company get in to this they have to give this service to out-growers and individual buyers of the plants from them.

Cultivated agar trees will give you lower grade , low % agar after 7-8 years. Average value is 30,000 - 50,000. We have to do research to improve the quality.

Importing Aquilaria seeds are very difficult and costly. Seeds fall from trees and die after 6-7 days . The suppliers send men to villages to collect them and they take 2-3 days minimum to bring seeds to town. Importer has just 2-3 days to do rest .
chinwi

shehani.perera.1612

shehani.perera.1612
Equity Analytic
Equity Analytic
Hi Guys,

Does any one have an Idea about the processing cost of Agar Resin? Or in that case Agar Oil? This has not processed in Sri Lanka Before and both the processes are done manually and its labor intensive work. I think some one has to really work hard on the Processing Factor and also the International market price variations. At the moment the Demand is High to low production globally. But since this has spread across the world many east and south Asian countries are growing Agar trees in Large scales. I believe in 6-9 years time the supply will increase in the global market with the maturity of the Trees in India, Vietnam, Thailand ETC. So we might have to keep an alternate markets or options open otherwise who ever does this will have a issue when it comes to marketing of the Product. And the inoculation is yet to be proven since its a way of chemical enhancement to increase the stress level of the Tree. Once the Tree is stressed it produced the resin which has a commercial value, how ever the Inoculation kit producers do not guarantee the out put. I think Sri Lanka needs to do many more R&D on the matter so we can stand up when others countries fail.

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Shehani Perera wrote:I think Sri Lanka needs to do many more R&D on the matter so we can stand up when others countries fail.
Agarwood is graded in 5 or 6 level range. Most of the cultivated Agar can produce only lower grades due to low % of the resin.

They say natural habitat produce higher grade agar due to unknown reasons.

I feel sri Lanka could be the best place for this tree, just like cinnamon. If we can make un-known to known that's it.
If we find a different method to stimulate the trees it will save 3,500 LKR from each Innoculate KIT.

If we produce higher grade , less problem due to other supplies.

shehani.perera.1612

shehani.perera.1612
Equity Analytic
Equity Analytic
@Chinwi wrote:
Shehani Perera wrote:I think Sri Lanka needs to do many more R&D on the matter so we can stand up when others countries fail.
Agarwood is graded in 5 or 6 level range. Most of the cultivated Agar can produce only lower grades due to low % of the resin.

They say natural habitat produce higher grade agar due to unknown reasons.

I feel sri Lanka could be the best place for this tree, just like cinnamon. If we can make un-known to known that's it.
If we find a different method to stimulate the trees it will save 3,500 LKR from each Innoculate KIT.

If we produce higher grade , less problem due to other supplies.
Hi Chinwi,

I have seen India and Bangaladesh uses a much low cost of Inoculation methods and different ingredients. We might be able to outsource them or may be give a Grant to one of the Universities to do our own research on this matter then we compete with the rest of the world.

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Sri J'pura University is doing some research on walla Patta (Gyrinopus walla) with a grant of 11 million Rupees.

We have already identified how fungus stimulate the tree and I hope we can develop a method in few years time to do the trick without the fungi.

Our G. walla resin is said to be tally with Aquilaria , need further research .
Gyrinopus var. is cultivated and used in Papua New Guinea also to produce agarwood.

More on Lankan walla: http://gyrinops.blogspot.com/

kavi


Stock Trader
I got in touch with Sadhaharitha and the estates I own are in in an Agarwood friendly environment. I'm willing to plant Agarwood in small scale (one acre) as a start but lack of knowledge about this plantation is holding me up.

Thanks to online forum, I gained a good knowledge about Agarwood but would like to be more thorough about this plantation. As in, A to Z clear information about,

- How to plant
- The maintenance proceedings
- How to do artificial inoculation
- Harvesting Proceedings

And all other information within that process. Also would like to know about,
- The foreign company which grows walla in puttam area
- The price range
- Legality of planting Agarwood in our own lands and possibility of exporting

Thank you

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@ kavi,

[Before giving some details , I must say,

I cannot interfere with or criticize others' business models. I am importing and doing the propagation of the plants after obtaining the necessary approvals . Also, I cannot disclose my prices or use this forum to market my products. ]


In general , we can say , do not trust or keep hopes of the people who promise to buy mature trees and pay you agreed amounts in a future date.
There are may examples of failures.
At the moment there is only one party remaining in this business. (as far as I know) . They have followed almost similar system like Touchwood and have many thousands of clients waiting to receive cash for their matured trees in another 4-5 years of time. Still they are in pre-turbulent stage and 'seems to be' doing well.


- How to plant

I have not touched local wallapatta( Gyrinopus)due to many reasons including the unknown quality of the product and to avoid unnecessary troubles.
We grow imported fast growing (Acquilaria spp.) . As this is not native, police can not interfere.

- The maintenance proceedings

No much trouble . routine weeding and adding some fertilizer is beneficial. If drought you 'must' provide enough water.

- How to do artificial inoculation

many ways. Fungi live outside of the bark and if you cut open some places they will go inside and do the job. If you hire a laboratory they may grow the fungi for you.( like EM solution done by Seeds of Sarvodaya )
There are inoculate kits containing the fungi. You may import them but cost is high. I believe we can develop our own low cost method for this in few year time. Chinese do nail inserting method for past 800 years.

Note: I saw a business party claiming they have the Patent for this and they are the only people who can do Agarwood inoculation in SriLanka. We are not fools.

- Harvesting Proceedings

You have to cut the trees. You can sell wooden parts containing the resin. To make Oud oil the procedure is somewhat time and labour consuming.

- The foreign company which grows walla in puttalam area

http://www.asiaplantationhongkong.com/InvestmentOptions/Agarwood-Investment.html (same business model ?)

http://www.asiaplantationhongkong.com/SriLankanPlantations.html


- The price range

I think current price for 6 month old seedling is 1,450/- (as per Sadaharitha ad.)
This is OK if you buy 20-30 plants.
For 1 acre you need 350-500 plants depending on your selected cultivation and harvesting method. Hence I insist you must go for a negotiated price. It should be at least 750/- ( 50% discount) If you are familiar with importing planting material , seeds and seedlings are available in country side Malaysia and Thailand. Remember Agar seeds die within 6-7 days of harvesting.

- Legality of planting Agarwood in our own lands and possibility of exporting

No one can prohibit planting. But, when transporting, you have to have a proof that you did not cut it from a Govt. land. Otherwise Police will put you with Kuddas and your name as walla patta hora in lankadeepa.

Even the trees from our own garden need CITES certification to ship them out of the country. International trade need CITES for these protected trees. It is issued by Forest dept. Hence, you have to maintain a history records with them to get such certification for your trees.
For us, we found buyers available in UAE and Singapore.

kavi


Stock Trader
Thanks for the information but I have one more question to ask.

How do I get these fast growing (Acquilaria spp.)? Does the company I mentioned earlier provide these type of seeds except local walla (Gyrinopus)? Since this is a one time investment, its important to make sure we plant the right type of plant.

Also would like to know the difference of these two types (Acquilaria and Gyrinopus) of plants.

Thank you

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@ kavi,

Acquilaria is the dominated and mostly known tree for producing agarwood. It has established market for its resin. We do not have it in our country.
Our Walapatta is Gyrinopus.
Gyrinopus is also producing a similar resin. It is still to be grown as a commercial crop.  In PNG I think they have started plantations. As such better we go for the established variety.

The Company you mentioned is not offering seeds. They import seeds and sell 6 months old seedlings .

I am not sure about the best Acqularia variety for Sri Lanka.
Chinese say their spp. is best and Thais say Subintergra is best due to its fragrance and growth rate. They have  A.crassna and A.subintegra  and they grow both.

I have seen subintegra and it is growing well here in SL. Sadaharitha is selling Crassna. With my limited experience I cannot say which is best for Sri Lanka. Both however at top of the 15 types of Aquilaria. If you can, try to grow both . I put more interest on subintegra because my Thai connections who grow both advised  me to do so.

I have found few web sites re. this and they put subintegra at top and crassna at 2nd.

Go to Grade of Agarwood at lower sec of the page.:
http://en.wikipedia.org/wiki/User:Anwaruddin
.

Agarwood, මුරුංගා & other Plantation ideas - Page 3 Dec_2010
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