Friday, November 21, 2008
Northern Agarwood Research Center News
The Nothern Agarwood Research Center based in Canada, has released today that it has had major advancements in a new technology to produce agarwood oil, that will greatly surpass the quality of agarwood oil currently on the market. This oil will rival the most expensive ouds (over 400$ per 1/4 thola). Early research suggests that this oud may be produced efficiently enough to be available at half or possibly one third the price of current comparing ouds.
Question: with all this research into cultivation and processing, will agarwood be nearly as expensive in 10-20 years as it is now ?