How expensive do you think a tree can be?

in LeoFinance4 years ago
Authored by @ZainUA

agarwood-tree-1.jpg
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One lakh rupees? One million rupees?

There is a tree in a temple in Bangkok that has cost 23 million. Undoubtedly, it is the most valuable tree in the world, which is called "Oud" in Arabic and Agerwood in English.

The rarest type of oud is Kenam, which is valued at 9 million per kg in the global market. A two-kg piece of Kenam was recently sold in Shanghai for 80 18 million. The price of oud usually depends on the amount of liquor in it which sells for 80,000 per liter. In addition, its bark sells for 200 to 5,000 per kg. The question is, what is there in this tree that Japanese investors are willing to pay so much for?
Oud is a tree that has religious status in Buddhism, Hinduism and Islam. While it is mentioned in the Hindu religious book Rig Veda, there is evidence that in the time of Prophet Yusuf (peace be upon him) this wood was imported from India and used for perfume, while there is evidence that in the time of Prophet Joseph (peace be upon him) This wood was imported from India and used for perfume. It is said in the hadith that "you must know this Oud of Hindi that there are seven kinds of healing in it". The lucky ones who have had the privilege of visiting the House of Allah must have felt the enchanting fragrance in the atmosphere of the Haram. This fragrance arises from the burning of incense. The scent of incense is also applied to the cover of the Kaaba and the Black Stone. Oud is considered one of the most expensive perfumes in the world, used only by Arab princes and rich people. Mention the medicinal benefits of this tree, its effect is dreamy. Beneficial in joint pain, skin diseases, indigestion and cancer. Incense vapors are effective for people who meditate or do similar mental exercises

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Never knew timber could be so expensive. Interesting stuff, thanks for sharing

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