SIP Bid / Ask, USD

Wild-harvested dragon's blood latex/resin from Pastaza, Ecuador

DRAGONBLOOD.WILD.EC-YGums, Resins & Natural ExtractsPastaza, EcuadorBuys and sells, quoted on request

SIP buys and sells Wild-harvested dragon's blood latex/resin, out of Pastaza, Ecuador. Sell it to us or buy it from us, and fix the price forward. Physical cargo, prompt to long dated. Every other dragonblood grade and delivery point sits on the dragonblood 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 IDRESIN-DRAGONBLOOD-WILD-EC-Y
SymbolDRAGONBLOOD.WILD.EC-Y
ClassGums, Resins & Natural Extracts
CommodityDragonblood ↗
GradeWild-harvested dragon's blood latex/resin
Delivery pointPastaza, Ecuador
CountryEcuador
SubdivisionPastaza
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

Wild Croton lechleri latex tapped by Amazonian communities.

Raw red latex/resin tapped by knife incision from wild Croton lechleri trees, sorted by botanical species purity (versus unrelated Daemonorops draco rattan-palm "dragon's blood"), colour, viscosity and freedom from bark/foreign matter; no ISO or other international grading standard exists.

Run the numbers

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

Which side are you on

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

SellingIf you grow, produce or export Wild-harvested dragon's blood latex/resin, 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.
BuyingIf you buy, process or manufacture with Wild-harvested dragon's blood latex/resin, 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.

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

Price guarantee on Wild-harvested dragon's blood latex/resin

If a move in the Wild-harvested dragon's blood latex/resin 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 Wild-harvested dragon's blood latex/resin and need to know your cost. We fix your purchase price for the quantity and months you name.
SellingYou grow, produce or hold Wild-harvested dragon's blood latex/resin and need to know your revenue. We fix your sale price ahead of production or shipment.
SettlementAgainst delivery of the Wild-harvested dragon's blood latex/resin.

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

Caps and floors on Wild-harvested dragon's blood latex/resin

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 Wild-harvested dragon's blood latex/resin. 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 Wild-harvested dragon's blood latex/resin. 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.

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 Amazonian provinces including Pastaza and Napo, Ecuador. We hold Ecuador as origin for dragonblood, and quote against it on a stated side, quantity and delivery window.

CountryEcuador
Producing regionsAmazonian provinces including Pastaza and Napo
We trade it asOrigin

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 Wild-harvested dragon's blood latex/resin in Pastaza, Ecuador?

Yes. SIP buys and sells on request, prompt to long dated. 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 Wild-harvested dragon's blood latex/resin from Pastaza, Ecuador?

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 Wild-harvested dragon's blood latex/resin 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. Structures beyond a flat forward are quoted the same way.

What is Wild-harvested dragon's blood latex/resin?

Raw red latex/resin tapped by knife incision from wild Croton lechleri trees, sorted by botanical species purity (versus unrelated Daemonorops draco rattan-palm "dragon's blood"), colour, viscosity and freedom from bark/foreign matter; no ISO or other international grading standard exists.

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/.