Market Watch: Agarwood Gram Prices Diverge—High End Holds, Mid-Low Competition Grows

Based on public samples and merchant quotes, the agarwood market shows clear price divergence: high-end material and mid-low products move out of step.

High end: firm

Scarce, steadily demanded sinking and kyara material keeps high gram prices with limited swings; trades concentrate among regular and professional buyers requiring provenance and testing.

Mid-low: intensifying competition

Abundant cultivated and Singapore-system material sharpens competition on price, with some categories softening. E-commerce price wars make "low price" common but amplify substitution risk.

Transparency is the divide

Merchants disclosing origin, resin method and testing win more trust. These observations are for reference only, not transaction prices, and not trading or investment advice.