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 Q3 2019
Supply of jet kerosene in the European market was ample. Stocks in Europe rose steadily for much of H1 2019 due to a mild winter in key markets in Q1, preparations for increased demand in Q3 and steady imports from the Middle East and Asia. Although players cited length building towards the end of the quarter, downward pressure on prices eased down after the attack on Saudi oil facilities.
Demand remained buoyant into Q3 as the holiday season ramped up across the northern hemisphere. Nevertheless, macroeconomic factors such as weakening European economic data, Germany’s economy seen at the brink of recession and Brexit uncertainty, impacted the jet forward curve and the paper market. This also saw the collapse of some major travel operators although the near-term impact remained limited.
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.
News & analysis
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.
BARCELONA (ICIS)--Whatever the result of Thursday's UK election, the country's chemical sector and its trading partners can expect months and possibly years more uncertainty over the country’s...Read
SINGAPORE (ICIS)--Southeast Asian phthalic anhydride (PA) import talks yielded limited outcome this week as buy-sell gap grew wider. Unless demand picks up, it may remain an uphill task to bridge...Read
MEXICO CITY (ICIS)--Mexico may have less hydro power at its disposal in the coming year to keep power prices from rising, based on insufficient rainfall to keep the dams at the needed capacity. One...Read
HOUSTON (ICIS)--US Olin will close a chlor-alkali facility and accompanying vinylidene chloride (VDC) facility in Freeport, Texas, by the end of 2020, the company announced on Wednesday. The...Read