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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Agarwood global market estimated range US$ 6–8B

Agarwood global market estimated range US$ 6–8B

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Teller

Teller
Moderator
Moderator
The persistent and culturally embedded nature of demand for Agarwood by end-consumers has placed the current global market at an estimated range of US$ 6 – 8 billion with rapid growth foreseen in the future. Resinous Agarwood is extracted from Aquilaria trees and its unique fragrance is widely used in world class perfumes, traditional medicine, incenses, aroma therapy and cosmetics.

Sadaharitha Plantation Ltd, Sri Lanka’s leading commercial forestry company has the honor of being the pioneer of intelligent forestry investments and offering Agarwood investor plans. “Sadaharitha is the foremost company that introduced Agarwood as a commercial forestry investment,” said Sathis Navarathne Chairman, Sadaharitha Plantations Ltd.

This mantle is not held lightly as they firmly believe it is their duty to warn prospective investors of unscrupulous deceivers who promise rich dividends through Agarwood investments. As forewarned by Sadaharitha, several companies have begun to emerge including smaller nurseries offering plants and seeds with the promise of producing Agarwood.

The Chairman noted, “We have over 13 years’ experience in commercial forestry. Together with the National Research Council, the Sri Jayewardenepura University, Australian Curtin University and Wescorp International Market Research, we spend time and effort towards researching Agarwood. This shows it is not something to be taken lightly where one can simply take a small plant or import a few seeds and receive a good harvest.”

Teller

Teller
Moderator
Moderator
So they are promoting this tree by locating offices all over the island. One three costs 1,400/- and will give the harvest after 8 years. Our members have any idea about this process? will they buy back the harvest? will this company dissappear in coming years like most did before.


_________________




Teller said is said..

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