SIP Markets Chili ยท Sannam S10 dried red chilli Contact desk

Sannam S10 dried red chilli from Andhra Pradesh, India

CHILI.S10.IN-APSpices & CulinaryAndhra Pradesh, IndiaTwo-way, quoted on request

SIP makes a two-way market in sannam s10 dried red chilli, out of Andhra Pradesh, India. Sell it to us or buy it from us, and fix the price forward. Physical or financial, prompt to long dated. Every other chili grade and delivery point sits on the chili 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 sannam s10 dried red chilli, 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 Dec to Apr harvest and ahead of it.
BuyingIf you buy, process or manufacture with sannam s10 dried red chilli, 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 Feb to Jun.

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

The grade

Sannam S10 dried red chilli as produced in Andhra Pradesh: Guntur mandi lots sorted for stalk and wrinkle.

Sannam S10 medium-hot pod with wrinkled skin, 15,000-25,000 SHU.

Specification

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

SymbolCHILI.S10.IN-AP
ClassSpices & Culinary
CommodityChili ↗
GradeSannam S10 dried red chilli
Delivery pointAndhra Pradesh, India
CountryIndia
SubdivisionAndhra Pradesh
Quote basisOn request
MarketTwo-way, quoted on request
SerialSPICE-CHILI-S10-IN-AP

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

CountryIndia
Producing regionsSouth Asia
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 crop is taken at origin. Arrival is when a shipment from that origin typically lands in a consuming market. The gap between them is processing, grading and the voyage.

HarvestDec to Apr
Arrival at destinationFeb to Jun

Andhra Pradesh, Telangana, Karnataka and Madhya Pradesh harvest from December into April, with Guntur the reference market.

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

Chili 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.

0904.21Dried fruits of Capsicum, neither crushed nor ground
0904.22Fruits of Capsicum, crushed or ground

Common questions

Can I lock in a price for sannam s10 dried red chilli in Andhra Pradesh, India?

Yes. SIP quotes a two-way market on request, prompt to long dated. We price ahead of the Dec to Apr 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 sannam s10 dried red chilli from Andhra Pradesh, India?

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 sannam s10 dried red chilli 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 Feb to Jun. Structures beyond a flat forward are quoted the same way.

What is sannam s10 dried red chilli?

Sannam S10 medium-hot pod with wrinkled skin, 15,000-25,000 SHU.

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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