Granulated/powdered panela from Colombia
SIP makes a two-way market in granulated/powdered panela, out of Colombia. Sell it to us or buy it from us, and fix the price forward. Physical or financial, prompt to long dated. Every other panela grade and delivery point sits on the panela sheet.
Price this with our desk
Grade, origin and window if you have them. If what you are carrying does not fit the sheet above, describe it in your own words and a trader will take it from there.
Which side are you on
We stand on both. One counterparty, one price, either direction.
| Selling | If you grow, produce or export granulated/powdered panela, 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. |
|---|---|
| Buying | If you buy, process or manufacture with granulated/powdered panela, 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.
Specification
One grade at one delivery point. Grades, origins and windows outside this line are priced on request.
| Symbol | PANELA.GRANULADA.CO-BOY |
|---|---|
| Class | Natural Sweeteners |
| Commodity | Panela ↗ |
| Grade | Granulated/powdered panela |
| Grade definition | Granulated/powdered panela, Boyaca smallholder trapiche-processed |
| Delivery point | Colombia |
| Country | Colombia |
| Quote basis | On request |
| Market | Two-way, quoted on request |
| Serial | SWT-PANELA-GRANULADA-CO-BOY |
Forward, option, collar, swap and storage structures are quoted on request. Tell us the side, the quantity and the timing.
Where it comes from
This line sits in Boyaca / Santander (Hoya del Rio Suarez basin), Colombia. We hold Colombia as origin for panela, and quote against it on a stated side, quantity and delivery window.
| Country | Colombia |
|---|---|
| Producing regions | Boyaca / Santander (Hoya del Rio Suarez basin) |
| We trade it as | Origin |
Locations outside this list trade on request.
Shipment window
Sugarcane for panela on this basin runs an approximately 17-month vegetative cycle rather than a single annual crop, and growers stagger planting across plots, so trapiches (mills) cut and boil in overlapping batches through most of the year instead of clearing one discrete harvest window. Arrival to a buyer is fixed against a specific mill's confirmed run date rather than a fixed seasonal calendar.
| Harvest | Jan to Dec |
|---|---|
| Arrival at destination | Jan to Dec |
Staggered, near-continuous milling driven by the cane's ~17-month vegetative cycle rather than one seasonal harvest; confirm a specific trapiche's cutting/boiling date before quoting an arrival window.
Windows outside this are priced on request. Tell us when you need it and we will work back from the date.
What we quote, and how far out
We stand on both sides of spot cash prompt out to three months, physical delivered prompt out to six months and forward from three months to twelve months. We price options, swaps 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 two-way quote is firm only when a trader confirms it in writing against your side, quantity and delivery window.
Common questions
Can I lock in a price for granulated/powdered panela in Colombia?
Yes. SIP quotes a two-way market 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 granulated/powdered panela from Colombia?
We do. SIP Global stands on both sides of 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 granulated/powdered panela forward?
Tell us the grade, the volume and the months you want covered. We bid it as physical or financial, 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 grade does SIP quote on this line?
Granulated/powdered panela, Boyaca smallholder trapiche-processed. One grade at one delivery point. Other grades and origins for panela 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 quotes a two-way market in 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.