As of April 2025, Jet Kerosene prices have exhibited varied trends across global markets, influenced by factors such as regional demand fluctuations, feedstock costs, and evolving regulatory landscapes.
India: Fluctuating Demand and Stable Supply
In India, Jet Kerosene prices experienced fluctuations during the first quarter of 2025. January saw a decline in prices due to subdued aviation demand, influenced by a drop in new vehicle registrations and broader economic uncertainties. However, demand partially recovered later in the month, driven by increased air travel during events like the Kumbh Mela. February witnessed a brief price surge, supported by heightened aviation activity during the festive and holiday season. Despite firm demand, prices remained relatively controlled due to sufficient domestic inventories and stable crude oil availability. In March, prices registered a modest decline, largely due to fluctuations in international crude oil prices, which helped lower production costs. Overall, the quarter ended with a mild downward price trend, underpinned by steady supply conditions and emerging market transitions.
Get Real-time Jet Kerosene Prices: https://www.chemanalyst.com/Pricing-data/jet-kerosene-23
United States: Regional Variations and Supply Dynamics
In the United States, Jet Kerosene prices have shown regional variations. As of April 25, 2025, the Argus US Jet Fuel Index reported a price of $2.09 per gallon, reflecting the average across major hubs like Chicago, Houston, Los Angeles, and New York. Specifically, the U.S. Gulf Coast kerosene-type jet fuel spot price stood at $1.947 per gallon on April 21, 2025, marking a 22% decrease compared to the same period in the previous year. These price movements are influenced by factors such as regional supply-demand balances, refinery outputs, and transportation logistics.
Europe: Regulatory Pressures and Market Adjustments
In Europe, Jet Kerosene prices have been under sustained pressure during the first quarter of 2025. The implementation of Sustainable Aviation Fuel (SAF) mandates across the European Union and the United Kingdom, effective from January 1, 2025, requiring a minimum blending of 2% SAF with conventional jet fuel, has signaled a structural shift in fuel consumption patterns. While the immediate impact on fossil jet fuel demand was modest, a more pronounced effect is anticipated later in the year as suppliers ramp up compliance with blending requirements. Additionally, international trade dynamics have influenced market fundamentals, with the premium of Northwest European jet fuel over Singaporean grades narrowing to its lowest point in three years, prompting some cargoes to be redirected toward Asia. This eastward redirection of supply has contributed to easing inventory pressures within the European market, further reinforcing the bearish pricing environment throughout the quarter.
Global Outlook: Anticipated Trends and Influencing Factors
Looking ahead, Jet Kerosene prices are expected to be influenced by several key factors:
Crude Oil Prices: Global oil prices, particularly Brent crude, are projected to average $68 per barrel in 2025, with potential declines in 2026.
Sustainable Aviation Fuel (SAF) Adoption: The increasing implementation of SAF mandates, especially in regions like Europe, is anticipated to impact conventional jet fuel demand and pricing structures.
Geopolitical and Economic Factors: Trade policies, geopolitical tensions, and economic growth rates will continue to play significant roles in shaping jet fuel markets globally.
Stakeholders in the aviation and energy sectors should monitor these developments closely to navigate the evolving landscape of Jet Kerosene pricing effectively.
ChemAnalyst
GmbH - S-01, 2.floor, Subbelrather Straße,
15a Cologne, 50823, Germany
Call: +49-221-6505-8833
Email: [email protected]
Website: https://www.chemanalyst.com
