Agarwood can sell for US$25,000 a kilo. But this ‘black gold’ has a dark side
- Posted on October 30, 2025
- By South China Morning Post
- 3 Views
Agarwood can sell for US$25,000 a kilo. But this ‘black gold’ has a dark side

Used primarily for incense, especially in Hong Kong, agarwood suffers from a dark side to its trade: a multibillion-dollar illegal market.