Medicinal Agarwood Market Softens: Bozhou Prices Slip as Demand Stays Need-Driven

Bozhou Herbal Market Sees Softening Agarwood Prices

According to recent market information from Chinese herbal-medicine data platforms, agarwood in the Bozhou market has recently moved on need-driven demand with prices slipping. Vietnamese pharmaceutical-grade and first-grade material is mostly quoted at 90-100 yuan per kilogram, while Hainan material remains largely unchanged at 200-220 yuan per kilogram. In the Anguo market, imported uniform-grade agarwood was last quoted around 340 yuan/kg (data dated November 6), with other major herbal markets in the 320-340 yuan range. Price gaps across origins and grades remain wide, and the overall tone is stable-to-weak at lower levels.

Medicinal, Incense and Collector Markets Follow Separate Price Systems

Industry observers note that medicinal agarwood is priced by assay content and thus relatively transparent, while incense-grade and collector-grade material is priced by origin, resin content and fragrance profile, with a huge spread. The current trend of need-driven sales and stabilizing prices reminds both trade and consumers to rely on legitimate channels and traceable, testable sources, and to guard against adulteration, dyeing and weight-padding. With winter medicinal demand and new harvests ahead, the medicinal agarwood market warrants continued monitoring.

This article is an industry observation and educational summary; it does not constitute any trading or investment advice. Please purchase agarwood through legal channels with traceable and testable sources.