SIP Markets Natural Fibres & Textiles Contact desk

Pashmina

PASHMINANatural Fibres & Textiles1 listed market

Pashmina is the fine undercoat of the Changthangi and related high altitude goats of the Himalaya, combed out in the spring moult. It is the finest of the animal fibres in commercial trade, finer on average than cashmere from the lower Central Asian ranges, and it is grown as insulation against extreme cold, which is why it is so light for the warmth it delivers. The fibre is short and delicate, so it is traditionally hand spun and hand woven into shawls, wraps, stoles and scarves, and it is also used in fine knitwear and in blends with silk where extra strength is needed in the warp. Raw pashmina is traded as combed greasy fibre, as dehaired fibre, and as hand spun yarn.

Listed pashmina markets

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

Grades

Pashmina is contracted on verified species and origin, on the instrument measurement of fibre diameter and length, and on the dehaired yield, which is what converts a raw combed weight into a usable one.

Fibre identity and species

5 grades

Verified by light and scanning electron microscopy against ISO 17751 and, where the contract calls for it, by DNA or protein based species testingWhich animal or plant the fibre came from and how that is proven on the lot. Species substitution and undeclared blending are the defining commercial risk in the speciality fibre trade, so identity is the first term on the contract.

GradeDefinition
Species and goat typeDeclaredCapra hircus undercoat from the Changthangi and related high altitude Himalayan breeds. Verified by microscopy against ISO 17751 and, where the contract calls for it, by DNA testing.
Origin verificationDeclared, with the documentationLadakh, Changthang, the Nepali and Kashmiri high pastures or elsewhere. Geographical indication registrations apply to some finished descriptions and origin is a hard contract term for that reason.
Adulteration screenDeclared, with the test reportScreening against undeclared blending with sheep wool, yak down, viscose, nylon and low cost cashmere. This is the defining commercial risk in the pashmina trade.
Harvest methodDeclaredCombed from the moulting undercoat in spring, not shorn. Shearing cuts the guard hair in with the down and destroys the dehairing economics.
Processing stateDeclaredRaw combed greasy fibre, washed fibre, dehaired fibre, hand spun yarn or machine spun yarn.

Fineness and dimensional measurement

9 grades

Determined on a conditioned sample under ISO 139 by laser scan, airflow or projection microscope, reported with the coefficient of variation and the test houseThe measurements that set the price. Fineness is the dominant value driver in animal fibre and it is measured, not estimated, on an instrument certificate that travels with the lot.

GradeDefinition
Mean fibre diameterMicronsMeasured by laser scan or projection microscope on a conditioned sample. Pashmina sits at the finest end of the commercial animal fibres and this measurement is the entire price argument.
Coefficient of variation of diameterPercentageThe spread around the mean, which decides whether the fibre can be spun to a very fine count.
Mean fibre lengthMillimetresMeasured on a straightened sample. Pashmina is short and length limits how fine a yarn can be spun before it breaks.
Short fibre contentPercentage by massFibre below the spinnable length, which is lost in carding.
Guard hair contentPercentage by mass, maximum, before and after dehairingCoarse outer hair combed out with the down. The dehairing target and the term that decides handle.
Medullated fibre contentCount per unit mass, maximumHollow fibres that dye pale and feel harsh.
Dehaired yieldPercentageClean dehaired down recovered from the raw combed weight. It is the number the trade actually settles on.
Fibre strengthNewtons per texDetermined under ISO 5079 on individual fibres. Pashmina is weak relative to wool and it dictates the spinning route.
CurvatureDegrees per millimetreThe crimp measurement, which drives loft and the warmth to weight performance.

Colour and natural shade

7 grades

Matched against a retained physical reference sample and, where the contract calls for it, recorded instrumentally in the CIELAB colour spaceNatural pashmina is sorted by shade before any dyeing, because the pale shades reach the widest colour range and command the premium.

GradeDefinition
WhiteNatural shadeThe palest natural fibre, the only one that reaches the full pastel and bright shade range.
Light greyNatural shadePale grey down, dyeable to mid shades.
GreyNatural shadeMid grey down.
BrownNatural shadeNatural brown down, sold undyed or dyed to deep shades.
MixedNatural shadeUnsorted natural colours, priced at a discount to sorted lines.
Dark and pigmented fibre countCount per unit mass, maximumPigmented fibres in a white or pale lot. Contracted on anything destined for a pale shade.
Colour consistencyAgainst the reference sampleShade uniformity across the lot, which decides whether it dyes evenly as one batch.

Cleanliness, yield and contamination

7 grades

Determined by an accredited fibre testing house on a core or grab sample drawn from the bale under the applicable IWTO or ASTM methodWhat the buyer is actually paying for once the dirt, grease and moisture are taken out.

GradeDefinition
Vegetable matter contentPercentage by mass, maximumBurr, seed, straw and pasture material, determined by chemical digestion or by carding trial. It is the cost the topmaker carries and it is deducted in the price.
YieldPercentage, on a stated basisClean fibre recovered from the greasy or raw weight, measured against a defined regain and grease basis. It converts a greasy price to a clean price and it is the number the trade actually settles on.
Grease and suint contentPercentage by massThe natural wax and salt fraction removed in scouring.
Regain and moisturePercentage, at the standard atmosphereMeasured under ISO 139. Fibre is bought at a contractual regain, not at whatever it weighs on the day.
Dark and medullated fibreCount per unit mass, maximumPigmented or hollow fibres that will not take dye evenly. Contracted on any lot destined for pale shades.
ContaminationDeclared, zero tolerance where specifiedPolypropylene twine, synthetic packaging and foreign fibre. It is the single most damaging defect in a bale and the contract treats it as such.
Vegetable matter after dehairingPercentage by mass, maximumResidual pasture material surviving the dehairing line, measured on the finished down rather than on the raw combed fibre.

Delivery, packing and certification

10 grades

Contract terms settled on the document and on the bale rather than in the laboratoryTerms that travel with the lot.

GradeDefinition
Baling and packingDeclared, with the bale weight and the pack materialPressed bales, hydraulic bales, hanks or bundles, with the wrapping named. Synthetic wrap is excluded where contamination is a contract term.
Marking and lot identityDeclaredBale marks, lot number and the test certificate number, tied to the sample retained by both parties.
Test certificateCertificate, with the issuing houseAn independent test house certificate is the contract document in this trade and the lot is settled against it.
Sampling methodDeclaredCore sampling, grab sampling or full lot testing, with the number of bales sampled written into the contract.
Fumigation and phytosanitary treatmentDeclared, with the certificateNamed where the destination requires it for a plant or animal origin fibre.
CertificationCertificate, with the scheme and the certificate numberOrganic, Responsible Wool, Responsible Alpaca, Responsible Mohair, Fairtrade or a private buyer standard, named on the contract when it is contracted.
Clip or crop yearDeclaredThe shearing season or the harvest year, recorded with the lot.
Combing seasonDeclaredThe spring moult year the fibre was combed in, recorded with the lot.
Dehairing plantDeclaredWhere the fibre was dehaired and on what line. Dehairing is where most of the value is made or lost.
Hand spun declarationDeclaredWhether the yarn was hand spun on a charkha or machine spun, which is a contract term in the shawl trade and a labelling requirement in several destinations.

Grades outside this list trade on request. Send us the contract specification you work to and we will price against it.

Locations

CountryRegionWe trade it as
IndiaLadakh, Changthang, Jammu and Kashmir, and Himachal PradeshOrigin and destination
ChinaTibet, Qinghai and XinjiangOrigin and destination
NepalMustang, Dolpa and the northern high pasturesOrigin and destination
MongoliaBayan-Olgii and the western high altitude aimagsOrigin and destination
AfghanistanBadakhshan and the central highlandsOrigin and destination
Bhutanthe northern high pasturesOrigin and destination
PakistanGilgit-Baltistan and ChitralOrigin and destination
KyrgyzstanNaryn and the high Tien ShanOrigin and destination
IndiaSrinagar and Kashmir, hand spinning and hand weavingDestination
NepalKathmandu, spinning and weavingDestination
ChinaInner Mongolia and Hebei, dehairing and spinningDestination
ItalyBiella, Prato and FlorenceDestination
United KingdomScotland and England, knitwear and accessoriesDestination
FranceParis and Auvergne-Rhone-AlpesDestination
GermanyBavaria and North Rhine-WestphaliaDestination
SpainCatalonia and MadridDestination
SwitzerlandZurich and GenevaDestination
United StatesNew York and CaliforniaDestination
CanadaOntario and QuebecDestination
JapanTokyo, Osaka and AichiDestination
South KoreaSeoul and GyeonggiDestination
Hong Kongtrading, finance and quality control for the regional knitwear baseDestination
Singaporetrading and regional distributionDestination
United Arab EmiratesDubai, retail and re-exportDestination
Saudi ArabiaRiyadh and JeddahDestination
TurkeyIstanbul and BursaDestination
RussiaMoscow and Saint PetersburgDestination
AustraliaNew South Wales and VictoriaDestination
NetherlandsAmsterdam and the distribution clusterDestination
BelgiumAntwerp and BrusselsDestination

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

Timing

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.

HarvestArrival

OriginJFMAMJJASONDWindow
IndiaHarvestHarvestHarvestArrivalArrivalArrivalArrivalHarvest Apr to Jun, arrival Jul to OctThe Changthang goats moult as the high plateau warms, and the down is combed out from April through June. Sorting, washing and dehairing follow, so usable fibre reaches a spinner from mid year.
ChinaHarvestHarvestHarvestArrivalArrivalArrivalArrivalHarvest Apr to Jun, arrival Jul to OctThe Tibetan and Qinghai combing runs on the same spring moult, feeding the Inner Mongolian dehairing lines.
NepalHarvestHarvestHarvestArrivalArrivalArrivalArrivalHarvest Apr to Jun, arrival Jul to OctHigh pasture combing in late spring, with the fibre moving down to Kathmandu for washing and hand spinning.
MongoliaHarvestHarvestHarvestArrivalArrivalArrivalArrivalHarvest Mar to May, arrival Jun to SepA slightly earlier western moult, combed from March, with the fine high altitude lines separated from the general cashmere clip.
AfghanistanHarvestHarvestHarvestArrivalArrivalArrivalArrivalHarvest Apr to Jun, arrival Aug to NovSpring combing in the central highlands, with a longer route to a dehairing plant and a correspondingly later arrival.

Windows outside this pattern trade on request, including carry, forward positions and stock already sitting in a destination warehouse.

Customs, packing and contract terms

Indicative terms for pashmina. Tariff classification is the importer’s responsibility and limits change, so confirm both against the destination customs authority and the current regulation before you fix a contract.

  • HS heading5102.11 Fine animal hair of Kashmir (cashmere) goats, not carded or combed
  • PackingCompressed bales. Jute and sisal at 180 kg to 250 kg, animal fibre at 100 kg to 300 kg pressed under hessian or polypropylene wrap, silk in cartons. Bale identification must carry the lot and the test certificate number.
  • Container loading20ft: 10 t to 18 t depending on bale density. Wool, cashmere and other animal fibres are volume limited well before weight.
  • Contract and arbitrationIWTO Blue Book terms with IWTO core test certificates and arbitration under IWTO rules for wool and fine animal hair. Plant fibres on the contract of the origin trade association or on CIF terms with arbitration at the named seat.
  • Destination limitsPhytosanitary certification for plant fibres under Regulation 2016/2031 and veterinary health certification for animal fibre under Regulation 2016/429 and Regulation 142/2011. EU REACH restrictions on residual dyes, biocides and azo colourants. CITES prohibits trade in shahtoosh and controls vicuna.

Common questions

What grades of pashmina does SIP Global trade?

We quote 38 published grades of pashmina, including Species and goat type - Declared, Origin verification - Declared, with the documentation, Adulteration screen - Declared, with the test report, Harvest method - Declared, Processing state - Declared and Mean fibre diameter - Microns. Every grade is tied to a delivery point and a settlement route. Grades outside the published list are priced on request.

How is pashmina graded?

Pashmina is contracted on verified species and origin, on the instrument measurement of fibre diameter and length, and on the dehaired yield, which is what converts a raw combed weight into a usable one. Grading runs on 5 systems: Fibre identity and species, Fineness and dimensional measurement, Colour and natural shade, Cleanliness, yield and contamination and Delivery, packing and certification.

Where does SIP Global trade pashmina?

We trade pashmina in India, China, Nepal, Mongolia, Afghanistan, Bhutan, Pakistan and Kyrgyzstan and 22 further markets. Origins and destinations outside this list trade on request. We are not limited to the locations shown.

When is pashmina harvested and when does it arrive?

Typical windows are India: harvest apr to jun, arrival jul to oct; China: harvest apr to jun, arrival jul to oct; Nepal: harvest apr to jun, arrival jul to oct; Mongolia: harvest mar to may, arrival jun to sep; Afghanistan: harvest apr to jun, arrival aug to nov. 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.

What is the HS code for pashmina?

Pashmina is normally classified under HS 5102.11 (fine animal hair of kashmir (cashmere) goats, not carded or combed). The heading follows the form the goods are in at the border, and national tariffs extend it beyond six digits, so confirm the full line with the destination customs authority before you fix a contract.

How do I get a price for pashmina?

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. 1 listed pashmina market is 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.

  • ISOInternational Organization for Standardization
  • ASTM InternationalMaterials and test method standards
  • IWTOInternational Wool Textile Organisation test methods
  • IPPCInternational Plant Protection Convention phytosanitary measures
  • 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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