SIP Markets Natural Sweeteners Contact desk

Jaggery

JAGGERYNatural Sweeteners6 listed markets

Jaggery, also called gur, is an unrefined non-centrifugal sugar made by boiling down freshly pressed sugarcane juice (or, in some origins, palm sap) in an open pan until it concentrates and sets, without spinning off the molasses fraction the way refined white sugar production does. It is cast into solid blocks, cones, or slabs, or worked into a soft granular or powdered form, and it retains the cane juice's natural molasses, minerals, and colour. It is consumed directly as a sweetener and confection, used in traditional cooking and beverages, and processed as a raw material for jaggery powder, syrup, and natural-sweetener products sold into ethnic-grocery and health-food channels.

Start the deal with our desk

Choose the deal you want. A trader on our desk picks it up directly, no signup required.

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.

Listed jaggery markets

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

Price guarantee on jaggery

If a move in the jaggery price would hurt you, fix the price now. We agree it today for the months you name, and it holds whatever the market does in between.

BuyingYou use or resell jaggery and need to know your cost. We fix your purchase price for the quantity and months you name.
SellingYou grow, produce or hold jaggery and need to know your revenue. We fix your sale price ahead of production or shipment.
SettlementAgainst delivery of the jaggery.

A price is fixed only once a trader confirms it in writing. Ask the desk for a fixed price.

Caps and floors on jaggery

A fixed price binds buyer and seller. A cap or a floor is a guaranteed price on one side only. You pay a fee up front for it, and it is a right, not an obligation: you use it only if the market moves against you.

CapFor buyers. A guaranteed maximum price for jaggery. If the market is above the cap when you buy, you pay the cap. If it is below, you buy at the market price and let the cap lapse.
FloorFor sellers. A guaranteed minimum price for jaggery. If the market is below the floor when you sell, you receive the floor. If it is above, you sell at the market price and let the floor lapse.
FeeAgreed and paid up front. It is the whole cost of the cap or floor, and it is not refunded if the cap or floor goes unused.

A cap or a floor is in place only once a trader confirms it in writing. Ask the desk for a cap or a floor.

Grades

Jaggery is graded on the chemical composition of a drawn sample, principally sucrose content, reducing sugar content, and moisture, all measured on a dry-weight basis, plus impurity and mineral-residue limits.

Chemical composition grading

9 grades

IS 12923, cane gur (jaggery), specification, Bureau of Indian StandardsLaboratory determinations on a drawn sample, dry-weight basis, defining two commercial grades.

GradeDefinition
Sucrose contentMinimum percentage by mass, dry basisGrade 1 minimum 80 percent. Grade 2 minimum 70 percent.
Reducing sugarsMaximum percentage by mass, dry basisGrade 1 maximum 10 percent. Grade 2 maximum 20 percent.
Total sugar as invert sugarMinimum percentage by mass, dry basis90 percent for both Grade 1 and Grade 2.
MoistureMaximum percentage by massGrade 1 maximum 5 percent. Grade 2 maximum 7 percent.
Water insoluble matterMaximum percentage by mass, dry basisGrade 1 maximum 1.5 percent. Grade 2 maximum 2.0 percent.
Sulphated ashMaximum percentage by mass, dry basisGrade 1 maximum 3.5 percent. Grade 2 maximum 5.0 percent.
Ash insoluble in dilute hydrochloric acidMaximum percentage by mass, dry basisMaximum 0.3 percent for both grades.
Sulphur dioxideMaximum parts per million, dry basisMaximum 50 ppm for both grades. Absence is required where a buyer specifies unsulphured jaggery.
Colour and appearanceDeclaredGolden yellow to light brown, free from dirt and extraneous matter and from substances deleterious to health, sweet to taste.

Presentation form

3 grades

Commercial trade usage, not a formal standardVisual and physical form of the delivered lot as cast or worked at origin.

GradeDefinition
Solid block or slabCast jaggeryThe primary bulk-traded presentation, cast in open moulds and cured hard.
Granular or powderedWorked jaggeryBroken down mechanically or by hand into loose granules or powder after casting.
Liquid jaggerySyrupConcentrated but not set, traded as a liquid sweetener.

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
IndiaSouth AsiaOrigin and destination
PakistanSouth AsiaOrigin
BangladeshSouth AsiaOrigin and destination
MyanmarSoutheast AsiaOrigin
IndonesiaSoutheast AsiaOrigin
ThailandSoutheast AsiaOrigin
ColombiaSouth AmericaOrigin and destination
BrazilSouth AmericaOrigin
United StatesNorth AmericaDestination
CanadaNorth AmericaDestination
United KingdomEuropeDestination
NetherlandsEuropeDestination
GermanyEuropeDestination
United Arab EmiratesMiddle EastDestination
Saudi ArabiaMiddle EastDestination

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

Timing

Harvest is when cane is crushed and boiled at the origin's jaggery-producing units. Arrival is when a shipment from that origin typically lands in a consuming market. The gap between them is casing, curing, and the voyage.

HarvestArrival

OriginJFMAMJJASONDWindow
IndiaHarvest and arrivalHarvest and arrivalHarvest and arrivalArrivalArrivalHarvestHarvestHarvest Nov to Mar, arrival Jan to MayMaharashtra, Uttar Pradesh, Karnataka, and Tamil Nadu crush and boil from November into March, the main cane-crushing season.
PakistanHarvest and arrivalHarvest and arrivalArrivalArrivalHarvestHarvestHarvest Nov to Feb, arrival Jan to AprPunjab and Sindh crush from November into February.
ColombiaHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest Jan to Dec, arrival Jan to DecPanela production runs year round in the Andean cane belt with no single closed season.

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

Common questions

What grades of jaggery does SIP Global trade?

We quote 12 published grades of jaggery, including Sucrose content - Minimum percentage by mass, dry basis, Reducing sugars - Maximum percentage by mass, dry basis, Total sugar as invert sugar - Minimum percentage by mass, dry basis, Moisture - Maximum percentage by mass, Water insoluble matter - Maximum percentage by mass, dry basis and Sulphated ash - Maximum percentage by mass, dry basis. Every grade is tied to a delivery point and a settlement route. Grades outside the published list are priced on request.

How is jaggery graded?

Jaggery is graded on the chemical composition of a drawn sample, principally sucrose content, reducing sugar content, and moisture, all measured on a dry-weight basis, plus impurity and mineral-residue limits. Grading runs on 2 systems: Chemical composition grading and Presentation form.

Where does SIP Global trade jaggery?

We trade jaggery in India, Pakistan, Bangladesh, Myanmar, Indonesia, Thailand, Colombia and Brazil and 7 further markets. Origins and destinations outside this list trade on request. We are not limited to the locations shown.

When is jaggery harvested and when does it arrive?

Typical windows are India: harvest nov to mar, arrival jan to may; Pakistan: harvest nov to feb, arrival jan to apr; Colombia: harvest jan to dec, arrival jan to dec. 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.

Can I fix a jaggery price ahead?

Yes. SIP Global fixes a jaggery price ahead for buyers and for sellers, as a price guarantee. Send the grade, the quantity and the months you need covered. We settle against delivery, and a price is fixed only once a trader confirms it in writing.

How do I get a price for jaggery?

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. 6 listed jaggery markets are published on this page, each with its full specification and terms. We buy and sell the physical cargo, 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.