The scientists found out the reasons for the formation of Agarwood (OUD) and there is much research to show the benefits of Agarwood (OUD) for health. Due to these special ones, there are more Agarwood (OUD) products at different prices. So, What are the factors affecting Agarwood (OUD)’s price?
1. Type
Because of the increasing demand for using Agarwood (OUD) for a long time, Wild Agarwood (OUD) is very rare and isn’t allowed to exploit. Therefore, most of us use Cultivated Agarwood (OUD)
Aquilaria Crassna Pierre tree under human impact makes clean Agarwood (OUD), no toxic and chemical with benefits and specific characteristics as Wild Agarwood (OUD). However, because of natural characteristic, these types' price is much more expensive than the other
Here is one of the first reasons affecting its price.
2. Area
As you know, in the world, Agarwood (OUD) is divided into many different classifications. It depends on the land and the area. According to scientists, Vietnamese Agarwood (OUD) is the best in the world. Indeed, the kings and princes used Vietnamese Agarwood (OUD) due to outstanding characteristics a long time ago.
3. Time to create Agarwood (OUD)
When the Aquilaria Crassna Pierre trees are injured, the oil in the tree gathered to resist the infestation from the outside, the oil deposites it gradually denatured and becomes agarwood
The longer time to keep Agarwood (OUD) is, the higher purity of Agarwood (OUD) is
Wild Agarwood (OUD) is valuable because it’s in the forest, time to keep agarwood is maybe hundered years. Time to keep Agarwood (OUD) is a factor to set price.
4. The rate of Agarwood (OUD) Oil
It’s easy to find the articles talking about Ky Nam. Ky Nam is essentially Agarwood (OUD) formed in nature with an oil rate of up to 90% - the highest Agarwood (OUD), extreamly rare. That evidents that Agarwood (OUD)’s price is up to the rate of Agarwood (OUD) Oil. In the process of making Agarwood (OUD), Aquilaria Crassna Pierre tree will make glue litsea covering injuring wound. The big the wound is, the more the rate of Agarwood (OUD) Oil is. Therefore, its price is higher.
Agarwood (OUD) Oil in type 1 is about 70-80% and in type 2,3 is lower, so its price is lower.
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