Interactive: Platts JKM solidifies global LNG benchmark status amid unprecedented trade liquidity

Platts JKM, the leading LNG benchmark for North Asia, has experienced significant growth since its launch, supported by a robust Market on Close assessment process that fosters active trading. In the first three quarters of 2025, record activity was achieved, with 2,241 bids, 2,058 offers and 159 trades reported, marking a 166% year-over year increase. Additionally, JKM futures trading volumes surged to 934,956 lots, equivalent to nearly 180 million metric tons of LNG, reinforcing JKM's position as the global LNG benchmark amid increased standardization and commoditization of LNG trade.