Hand-graded block panela from Veracruz, Mexico
SIP makes a two-way market in hand-graded block panela, out of Veracruz, Mexico. 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 hand-graded block 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. |
|---|---|
| Buying | If you buy, process or manufacture with hand-graded block 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. |
Send the side, the quantity and the delivery window. We come back with a price.
The grade
Piloncillo cones from Veracruz trapiches.
Smallholder trapiche-boiled block/cone panela from the Hoya del Rio Suarez basin, sold and sorted at point of purchase by trader-eye colour, hardness and moisture feel rather than against the NTC 1311 physical-chemical thresholds (sucrose, reducing sugar, moisture, ash, minerals, contaminant limits) that formally define the product; an independently drawn and lab-tested sample against NTC 1311 is the verification layer missing at this origin today.
Specification
One grade at one delivery point. Grades, origins and windows outside this line are priced on request.
| Symbol | PANELA.BLKHG.MX-VER |
|---|---|
| Class | Natural Sweeteners |
| Commodity | Panela ↗ |
| Grade | Hand-graded block panela |
| Grade definition | Hand-graded block panela (bloque), farmgate/trader-sorted |
| Delivery point | Veracruz, Mexico |
| Country | Mexico |
| Subdivision | Veracruz |
| Quote basis | On request |
| Market | Two-way, quoted on request |
| Serial | SWT-PANELA-BLKHG-MX-VER |
Forward, option, collar, swap and storage structures are quoted on request. Tell us the side, the quantity and the timing.
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 hand-graded block panela in Veracruz, Mexico?
Yes. SIP quotes a two-way market on request, prompt to long dated. 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 hand-graded block panela from Veracruz, Mexico?
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 hand-graded block 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. Structures beyond a flat forward are quoted the same way.
What is hand-graded block panela?
Smallholder trapiche-boiled block/cone panela from the Hoya del Rio Suarez basin, sold and sorted at point of purchase by trader-eye colour, hardness and moisture feel rather than against the NTC 1311 physical-chemical thresholds (sucrose, reducing sugar, moisture, ash, minerals, contaminant limits) that formally define the product; an independently drawn and lab-tested sample against NTC 1311 is the verification layer missing at this origin today.
What grade does SIP quote on this line?
Hand-graded block panela (bloque), farmgate/trader-sorted. 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.