SIP Markets Agarwood ยท Agarwood oil Contact desk

Agarwood oil from Koh Kong, Cambodia

AGARWOOD.OIL.KH-9Timber, Bamboo, Rattan & CorkKoh Kong, CambodiaTwo-way, quoted on request

SIP makes a two-way market in agarwood oil, out of Koh Kong, Cambodia. Sell it to us or buy it from us, and fix the price forward. Physical or financial, prompt to long dated. Every other agarwood grade and delivery point sits on the agarwood 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.

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.

Which side are you on

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

SellingIf you grow, produce or export agarwood oil, 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 Nov to Mar harvest and ahead of it.
BuyingIf you buy, process or manufacture with agarwood oil, 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 Apr.

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

The grade

Hydro-distilled oud oil from Koh Kong plantation chips.

Hydro-distilled Aquilaria essential oil sold per tola or ml on oil yield and sensory profile.

Specification

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

SymbolAGARWOOD.OIL.KH-9
ClassTimber, Bamboo, Rattan & Cork
CommodityAgarwood ↗
GradeAgarwood oil
Grade definitionAgarwood oil (oud)
Delivery pointKoh Kong, Cambodia
CountryCambodia
SubdivisionKoh Kong
Quote basisOn request
MarketTwo-way, quoted on request
SerialTIMB-AGARWOOD-OIL-KH-9

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 Asia, Cambodia. We hold Cambodia as origin and destination for agarwood, and quote against it on a stated side, quantity and delivery window.

CountryCambodia
Producing regionsAsia
We trade it asOrigin and destination

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

Shipment window

Harvest is when the material is cut or stripped at origin, which follows the dry season, the growth cycle or the felling licence period in that country. Arrival is when a shipment from that origin typically lands in a consuming market. The gap between them is seasoning, sawing or processing, the permit and phytosanitary procedure and the voyage.

HarvestNov to Mar
Arrival at destinationJan to Apr

Dry season cutting, with most material distilled regionally rather than exported as chip.

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.

Customs classification

Agarwood 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.

4403.99Wood in the rough, other, including agarwood
1211.90Agarwood chips and powder used in perfumery

Common questions

Can I lock in a price for agarwood oil in Koh Kong, Cambodia?

Yes. SIP quotes a two-way market on request, prompt to long dated. We price ahead of the Nov to Mar 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 agarwood oil from Koh Kong, Cambodia?

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 agarwood oil 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 Apr. Structures beyond a flat forward are quoted the same way.

What is agarwood oil?

Hydro-distilled Aquilaria essential oil sold per tola or ml on oil yield and sensory profile.

What grade does SIP quote on this line?

Agarwood oil (oud). One grade at one delivery point. Other grades and origins for agarwood 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.

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