Wild Oud Oil: An Ultra-Rare, or Over-Priced Commodity?


Its no secret: oud oil prices have been going up like crazy over the past 5 years. When you look at the price of agarwood in the market, even at the wholesale level, each grade of wood today is approximately 3-10 times the price it was back in 2003 (and the highest grades over 40 times more than they were in 1995)!
So it makes sense that as the price of wild agarwood continues to rise, the price of oils should go up as well, right?
Not quite…

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