Loading…
Platts' Japan Korea Marker (JKM) is emerging as the front-runner among competing Asian LNG price benchmarks. Most Asian LNG contracts are still priced off oil, so JKM must overcome perceived weaknesses in price discovery to challenge oil-linked pricing.
A credible spot gas benchmark in Asia would make LNG pricing more transparent and tied to the gas market rather than oil. That could change how energy costs for Asian importers are set, with little immediate effect on feed commodities.
energyintel.comApr 26, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
