News > Kerala fishermen strike (floating) gold, find whale vomit worth Rs 28 crore

Kerala fishermen strike (floating) gold, find whale vomit worth Rs 28 crore

24/07/2022 09:13 AM | Click to read full article

A group of fishermen in Kerala found ambergris or whale vomit, estimated to be worth a whopping Rs 28 crore, while out at sea.

Produced in the digestive systems of sperm whales, ambergris has been called floating gold and ‘treasure of the sea’, among similar epithets, for its highly valuable nature. By some estimates, one kg of ambergris, which is used to make perfumes, can fetch as much as Rs 1 to 2 crore in the international market.