Chương 365: Pass off Fish Eyes as Pearls

Before Li Du had come to Holbrook, he had done some research.

From what he understood, the most valuable type of rosewood was the threatened species of the Chinese and Vietnamese fragrant rosewood. At one time, they had almost nearly been depleted. Basically, they were priceless.

There was an annual supply of about 5,000 tons of rosewood. The log of the rosewood tree was more than 6 feet long. High-quality rosewood, especially logs from older trees, could fetch a price of 250,000 to 400,000 dollars per ton.

And this was just the price of the raw materials; once it was made into beautiful, polished furniture, the price was even more astounding.