The ICIS weekly Jet Kerosene report is an unbiased and informative update on the global market movements. Our reliable market intelligence has spot assessments in Europe, Asia and the US and gives overviews, details of open trades and paper markets as well as graphs. If you are involved with the Jet Kerosene market use this news and analysis to keep you informed when making those crucial business decisions.
Updated to Q1 2019
Europe
European spot jet kerosene supply was broadly balanced during Q1 2019. A number of planned outages at refineries impacted structural length for the quarter but cargoes imported from Asia in particular more than made up for the reduced output. Rhine river levels improved significantly compared with Q4 2018 and barges rates were said to have softened.
European jet kerosene demand was muted though much of Q1 2019. Industrial action and poor weather at some airports as well as a seasonal lull, all weighed on consumption. Competitively priced cargoes from Asia continued to arrive through much of the quarter as mild weather there contributed to lengthening dynamics while some airlines continued to sell surplus material in the barge market to ensure supplies remained balanced.
We offer the following regional Jet kerosene analysis and news coverage to keep you informed of factors and developments affecting prices in the Jet kerosene marketplace.
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ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
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Jet kerosene is a blend of hydrocarbons, a product of petroleum refining which belongs to the middle distillate group.
Jet kerosene is a blend of hydrocarbons with molecules typically containing 8 to 16 carbon atoms obtained from the middle distillate group in crude oil distillation. The fuel is used in aircraft powered by gas turbine engines.
The Jet A-1 fuel has a higher specification than normal kerosene with a relatively high flash point making it safer to handle than other jet fuels. The Jet A-1 also has a higher freezing point and contains antistatic additives to dissipate static electricity and prevent sparking. Other additives include antioxidants to prevent gumming, corrosion inhibitors, biocides and icing inhibitors.
Jet kerosene also requires a low smoke point. The kerosene fraction can contain aromatic compounds which have higher carbon-to-hydrogen ratios. When these compounds burn, the deficiency of hydrogen can cause smoke. By hydrotreating the kerosene, the aromatic rings get saturated with hydrogen, converting them to naphthalenes which burn cleaner.
Crude oil
White spirit