SIP Bid / Ask, USD

Coir pith from Tamil Nadu, India

COIR.PITH.IN-TNNatural Fibres & TextilesTamil Nadu, IndiaBuys and sells, quoted on request

SIP buys and sells Coir pith, out of Tamil Nadu, India. Sell it to us or buy it from us, and fix the price forward. Physical cargo, prompt to long dated. Every other coir grade and delivery point sits on the coir sheet.

Start the deal with SIP Global

Choose the deal you want. A SIP trader picks it up directly, no signup required.

Nothing here matches what you are holding? Send it anyway. The sheets cover the markets we publish, not the limit of what we will look at.

Specification

One grade at one delivery point. Grades, origins and windows outside this line are priced on request.

SIP IDFIBR-COIR-PITH-IN-TN
SymbolCOIR.PITH.IN-TN
ClassNatural Fibres & Textiles
CommodityCoir ↗
GradeCoir pith
Grade definitionCoir pith (coco peat)
Delivery pointTamil Nadu, India
CountryIndia
SubdivisionTamil Nadu
Quote basisOn request
MarketBuys and sells, quoted on request

Forward, floor, cap, fixed-price and storage structures are quoted on request. Tell us the side, the quantity and the timing.

The grade

Washed and buffered pith blocks from Tamil Nadu.

Fine dust fraction of husk after fibre extraction, sold as blocks or bricks.

Run the numbers

Work out the cost before you ask us for a price. Each tool opens set up for coir.

Which side are you on

We stand on both. One counterparty, one price, either direction.

SellingIf you grow, produce or export Coir pith, we are the buyer. Tell us the volume and the window and we bid it, prompt or forward, so the price is fixed before the crop moves. We price against the Jan to Dec harvest and ahead of it.
BuyingIf you buy, process or manufacture with Coir pith, we are the seller. Give us the tonnage and the delivery window and we offer it, with the price locked for as long as your book needs. Arrival at destination usually runs Jan to Dec.

Send the side, the quantity and the delivery window. We come back with a price.

Price guarantee on Coir pith

If a move in the Coir pith price would hurt you, fix the price now. We agree it today for the months you name, and it holds whatever the market does in between.

BuyingYou use or resell Coir pith and need to know your cost. We fix your purchase price for the quantity and months you name.
SellingYou grow, produce or hold Coir pith and need to know your revenue. We fix your sale price ahead of production or shipment.
SettlementAgainst delivery of the Coir pith.

A price is fixed only once a trader confirms it in writing. Request a fixed price.

Caps and floors on Coir pith

A fixed price binds buyer and seller. A cap or a floor is a guaranteed price on one side only. You pay a fee up front for it, and it is a right, not an obligation: you use it only if the market moves against you.

CapFor buyers. A guaranteed maximum price for Coir pith. If the market is above the cap when you buy, you pay the cap. If it is below, you buy at the market price and let the cap lapse.
FloorFor sellers. A guaranteed minimum price for Coir pith. If the market is below the floor when you sell, you receive the floor. If it is above, you sell at the market price and let the floor lapse.
FeeAgreed and paid up front. It is the whole cost of the cap or floor, and it is not refunded if the cap or floor goes unused.

A cap or a floor is in place only once a trader confirms it in writing. Request a cap or a floor.

Shipment and customs

Harvest is when the fibre is shorn, cut or retted at origin. Arrival is when a shipment from that origin typically lands in a consuming market. The gap between them is classing, testing, baling and the voyage.

HarvestJan to Dec
Arrival at destinationJan to Dec

Coconut is harvested year round, so husk supply is continuous. The southwest monsoon from June to September slows sun drying in Kerala and tightens the low moisture grades.

Windows outside this are priced on request. Tell us when you need it and we will work back from the date.

Customs classification

Coir moves under the following Harmonized System headings. Confirm the heading with your broker before entry; classification turns on the finished specification, not the trade name.

5305.00Coir fibre, raw or processed but not spun

What we quote, and how far out

We buy and sell spot cash prompt out to three months, physical delivered prompt out to six months and forward from three months to twelve months. We price floors and caps, fixed-price deals and storage and rental against a stated side, quantity and window, and anything past the dates above the same way. There is no cap on the dates we will look at.

A quote is firm only when a trader confirms it in writing against your side, quantity and delivery window.

Contract terms

Quantity, grade tolerance, delivery point, and delivery window are agreed in the trade confirmation and prevail over anything published here. Quality is established at loading by an independent inspection agency nominated by SIP and acceptable to the counterparty, unless another basis is agreed in writing. Documentation, certificates of origin, and any phytosanitary, food safety, or conformity certificates are supplied as available for the grade and origin. The counterparty is responsible for import permits, duties, tariffs, and regulatory clearance at destination, and for confirming that the grade is admissible there. Title and risk pass at the agreed delivery point on the agreed Incoterm. Payment terms are agreed per trade. SIP may require a deposit, a letter of credit, or documents against payment. All trades are subject to SIP standard terms and conditions. Disputes are governed by the laws of Alberta, Canada, and resolved by binding arbitration in Calgary, Alberta.

Bids, offers and Buy or Sell requests on this page are non-binding engagements of price under the SIP standard trading terms. A trade exists only once SIP confirms it in writing.

Where it comes from

This line sits in Kerala, Tamil Nadu, Karnataka and Andhra Pradesh, India. We hold India as origin and destination for coir, and quote against it on a stated side, quantity and delivery window.

CountryIndia
Producing regionsKerala, Tamil Nadu, Karnataka and Andhra Pradesh
We trade it asOrigin and destination

Origins and destinations outside this list trade on request. We are not limited to the locations shown here.

Common questions

Can I lock in a price for Coir pith in Tamil Nadu, India?

Yes. SIP buys and sells on request, prompt to long dated. We price ahead of the Jan to Dec harvest as readily as against it. Send your side, the quantity and the delivery window and a trader comes back with a price. A quote is firm only when it is confirmed in writing.

Who buys Coir pith from Tamil Nadu, India?

We do. SIP Global buys and sells in this market, so producers and exporters sell to us and buyers, processors and manufacturers buy from us. There is no listing, no auction and no chain of intermediaries in between.

How do I sell Coir pith forward?

Tell us the grade, the volume and the months you want covered. We bid it as a physical cargo, prompt or long dated, and settle against the delivery you name. Arrival at destination usually runs Jan to Dec. Structures beyond a flat forward are quoted the same way.

What is Coir pith?

Fine dust fraction of husk after fibre extraction, sold as blocks or bricks.

What grade does SIP quote on this line?

Coir pith (coco peat). One grade at one delivery point. Other grades and origins for coir are separate markets and are priced on request.

What is the minimum volume?

There is no published minimum. We look at what you have or what you need, and tell you straight whether we can price it.

SIP buys and sells this grade on request. Levels are firm only when confirmed in writing by a trader against a stated side, quantity, and delivery window. All trades are subject to SIP standard terms and conditions at https://sipglobally.com/legal/trading-terms/.