SIP Markets Natural Sweeteners Contact desk

Panela

PANELANatural Sweeteners2 listed markets

Panela is unrefined whole cane sugar made by pressing raw sugarcane juice and open-kettle boiling it down without centrifugation, so the molasses stays in the solid rather than being spun out as with white or raw centrifugal sugar. The boiled juice is poured into moulds and cooled into blocks, cones or discs, or worked and sieved into granulated form. It is sold as a direct food sweetener and cooking ingredient, and as an ingredient input for bakery, beverage, confectionery and distilling use. Because the cane juice is never refined or bleached, panela carries measurable mineral and reducing-sugar content that pure sucrose does not.

Listed panela markets

Each line is a grade at a delivery point. Open one for its full specification and terms.

Grades

A sample is assayed for total sucrose content, reducing-sugar content, moisture, ash, and trace mineral levels (potassium, calcium, phosphorus, iron), plus screening for contaminant limits (lead, arsenic, sulphite residue) and a check that no added colorant is present. Block and granulated/powdered panela are assayed against different threshold sets because moisture and particle handling differ by form.

Panela Physical-Chemical Requirements

2 grades

NTC 1311, ICONTEC (Instituto Colombiano de Normas Tecnicas y Certificacion), ColombiaSucrose and reducing-sugar percentage, moisture percentage, ash percentage, potassium/calcium/phosphorus/iron minimums (mg/100g), and maximum contaminant limits (lead, arsenic, sulphite) on a drawn sample.

GradeDefinition
BLOQUEPanela en bloque (block/cone form)Sucrose minimum 83.0%, reducing sugars minimum 0.2%, moisture maximum 9.0%, ash 0.8% to 5.5%, potassium minimum 100 mg/100g, calcium minimum 10 mg/100g, phosphorus minimum 5 mg/100g, iron minimum 1.5 mg/100g, protein minimum 0.2%, lead maximum 0.2 mg/kg, arsenic maximum 0.1 mg/kg, sulphite (SO2) maximum below 0.05 mg/kg, no added colorant.
GRANULADAPanela granulada o pulverizada (granulated/powdered form)Sucrose minimum 93.0%, reducing sugars maximum 5.0%, moisture maximum 5.0%, ash maximum 1.0%, mineral minimums as for block form, same contaminant limits, no added colorant.

Grades outside this list trade on request. NTC 1311 sets no formal colour-grade ladder; colour varies naturally with cane variety and boil, and the standard states this explicitly rather than assigning colour a grade.

Locations

CountryRegionWe trade it as
ColombiaBoyaca / Santander (Hoya del Rio Suarez basin)Origin
United StatesnationalDestination

Locations outside this list trade on request.

Timing

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.

HarvestArrival

OriginJFMAMJJASONDWindow
ColombiaHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest Jan to Dec, arrival Jan to DecStaggered, 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 pattern trade on request.

Common questions

What grades of panela does SIP Global trade?

We quote 2 published grades of panela, including BLOQUE - Panela en bloque (block/cone form) and GRANULADA - Panela granulada o pulverizada (granulated/powdered form). Every grade is tied to a delivery point and a settlement route. Grades outside the published list are priced on request.

How is panela graded?

A sample is assayed for total sucrose content, reducing-sugar content, moisture, ash, and trace mineral levels (potassium, calcium, phosphorus, iron), plus screening for contaminant limits (lead, arsenic, sulphite residue) and a check that no added colorant is present. Block and granulated/powdered panela are assayed against different threshold sets because moisture and particle handling differ by form. Grading runs on 1 system: Panela Physical-Chemical Requirements.

Where does SIP Global trade panela?

We trade panela in Colombia and United States. Origins and destinations outside this list trade on request. We are not limited to the locations shown.

When is panela harvested and when does it arrive?

Typical windows are Colombia: harvest jan to dec, arrival jan to dec. Harvest is when the lot is taken at origin, arrival is when a shipment from that origin lands in a consuming market. Windows outside this pattern, including carry, trade on request.

How do I get a price for panela?

Send the grade, the origin and the delivery window to the SIP Global desk. That is enough for a trader to come back with a level and a settlement route. 2 listed panela markets are published on this page, each with its full specification and terms. We take both sides, physical and financial, prompt to long dated.

Standards and data sources

The grading language on this sheet follows published standards. Trade volumes and tariff lines are public record. Verify anything here against the source.

  • UN ComtradeOfficial international trade statistics by HS code
  • ITC Trade MapBilateral trade flows and tariff data
  • FAOSTATFAO production and trade series for agricultural commodities

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.

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

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