Hottuna- Point is, if you assume brokers/retailers are making a ~10% gross margin on on the bulk sale of Sandalwood oil. Using the greatest bulk quantity available on Amazon.com - you get to USD $4,900/kg bulk retail - 10% gross margin to broker/retailer implies they purchase for USD $4,410/kg. Which checks out on Quintis pricing.
You'd could argue whether wholesale margin is anywhere from ~2%-20%, but in no markets have I ever heard of wholesale margin at 87.5%. Even if you use the cheapest bulk price you found of USD $4,000/kg - wholesale purchase at $500/kg makes no reasonable business sense. Brokers would come out of the wood work to come and sell oil at those kinds of margins.
Wonder what the whole margin is on Australian Sandalwood? You could use that as a proxy. Also most to the point, the Glaucus report does not distinguish by type or grade - which is deceiving in itself.
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