GEORGE TOWN: The gaharu (agarwood) resin, whose oil extract is much sought after in the Middle East, can fetch lucrative prices of up to RM20,000 per kg, according to a university academician.
The oil extract taken from the resin produced from the aquilaria malaccensis tree, would cost several thousands of ringgit, depending on its grade and quality, said Universiti Sains Malaysia’s School of Biological Sciences lecturer Prof Baharuddin Salleh.
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