What was the price of opium in international market in eighteenth century?

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2026-08-16 17:40

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In the eighteenth century, the price of opium in the international market varied significantly based on factors such as region, quality, and demand. Generally, opium was a valuable commodity, especially in trade routes involving Asia and Europe, with prices fluctuating between a few hundred to over a thousand dollars per ton in today's currency. The British East India Company played a significant role in its trade, particularly in India and China, where demand was high. Overall, opium was a lucrative but controversial trade item during this period.

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