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 Q4 2019
Europe
Ample supply of jet kerosene in the European market was recorded in Q4, with no major issues reported up until middle of the quarter. That said, industrial action in Italy and Finland – which resulted in many flight cancellations in late November – pushed stock levels high, which was compounded by crude volatility keeping buyers at bay. Meanwhile, trading activity remained limited in December, pushing excessive material into Q1 2020.
Muted demand was recorded for most of Q4 2019 amid a slow travelling season during autumn compared to the summer months. Moreover, cancellation of many flights to and from France due to nationwide strike, limited demand-side pull. Further, harshness of the winter season around Europe saw jet kerosene competing with kerosene for consumption into the heating industry.
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.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Jet kerosene, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.
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.
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