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The Hindu
The Hindu
National
The Hindu Bureau

30,467 kg of sandalwood sold at e-auction, fetching ₹37.22 crore

Vinod Kumar Marayur

Marayur sandalwood received a positive response in the auction that concluded on Thursday.

According to officials, in the two-day e-auction held on Wednesday and Thursday, a total of 30,467 kg of sandalwood was sold. Karnataka Soaps and Detergents Ltd., Kerala Forest Development Corporation (KFDC), Oushadhi, Cochin Devaswom Board, the Navamukunda temple, and nine agencies took part in the auction, which fetched a total of ₹37.22 crore.

Marayur Sandal Division Divisional Forest Officer (DFO) M.G. Vinod Kumar said of the total sandalwood sold, 9,418 kg was from other divisions in the State, fetching a total of ₹9.3 crore.

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