The full detail of the methodology can be found on the S&P Global Platts website. As an example, an index value of 200 reflects a doubling of price since the year 2000. These values are compared with the average spot prices in 2000, similarly weighted by demand during that period, to generate a percentage figure reflecting the overall rise in markets compared to the base period. When a market is not assessed on a particular day, for instance because of a market holiday, the previous working day's spot market price assessment is used.Įach of the individual Platts' assessments is given a weighting by Platts in the regional baskets, based primarily on demand for jet fuel in the region in a similar way, each of the regional indices is given a weighting in the Global Composite Index. Platts Jet Fuel Price Index is published by S&P Global Platts, reflecting its daily assessments of jet fuel spot prices in the physical spot market of relevant regional centers. Jet fuel price developments - longer term perspective Methodology for Platts Jet Fuel price index Taking a look at the price action over the past 24 months Asian jet fuel market rose much less than the rise in crude oil prices despite increasing air travel demand in the region as jet fuel production in the region remains ample.Increased domestic jet fuel production supplemented by imports kept the US jet fuel market well supplied as demand surged in relation to the 4th of July travel peak. ![]() Low water levels on the Rhine restricted barge loads, pushing up transportation cost and prices.
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