SIP Markets Sisal ยท Sisal 3L grade Contact desk

Sisal 3L grade from Taita/Taveta, Kenya

SISAL.3L.KE-39Natural Fibres & TextilesTaita/Taveta, KenyaTwo-way, quoted on request

SIP makes a two-way market in sisal 3l grade, out of Taita/Taveta, Kenya. Sell it to us or buy it from us, and fix the price forward. Physical or financial, prompt to long dated. Every other sisal grade and delivery point sits on the sisal 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 sisal 3l grade, 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 Jan to Dec harvest and ahead of it.
BuyingIf you buy, process or manufacture with sisal 3l grade, 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 Dec.

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

The grade

Taita/Taveta lots of this grade, current-crop and processed for export.

Sisal fibre of medium length and colour, cleaned.

Specification

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

SymbolSISAL.3L.KE-39
ClassNatural Fibres & Textiles
CommoditySisal ↗
GradeSisal 3L grade
Delivery pointTaita/Taveta, Kenya
CountryKenya
SubdivisionTaita/Taveta
Quote basisOn request
MarketTwo-way, quoted on request
SerialFIBR-SISAL-3L-KE-39

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 Kilifi, Taita Taveta, Machakos and Nakuru, Kenya. We hold Kenya as origin and destination for sisal, and quote against it on a stated side, quantity and delivery window.

CountryKenya
Producing regionsKilifi, Taita Taveta, Machakos and Nakuru
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 leaf is cut and decorticated at origin. Arrival is when a shipment from that origin typically lands in a consuming market. The gap between them is drying, brushing, grading, baling and the voyage.

HarvestJan to Dec
Arrival at destinationJan to Dec

Estate cutting runs year round, with the long rains from March to May and the short rains in November affecting drying.

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

Sisal 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.

5305.00Sisal and other agave textile fibres, raw or processed but not spun

Common questions

Can I lock in a price for sisal 3l grade in Taita/Taveta, Kenya?

Yes. SIP quotes a two-way market on request, prompt to long dated. We price ahead of the Jan to Dec 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 sisal 3l grade from Taita/Taveta, Kenya?

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 sisal 3l grade 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 Dec. Structures beyond a flat forward are quoted the same way.

What is sisal 3l grade?

Sisal fibre of medium length and colour, cleaned.

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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