LNG

January 04, 2024

Platts proposes change in publishing timing for Platts JKM balance month-next day derivatives assessment

Platts, part of S&P Global Commodity Insights, is proposing to change the publishing cadence of the Platts JKM balance month-next day derivatives assessment, effective March 1, 2024.

Under this proposed change, the Platts JKM balance month-next day derivatives assessment would be published from the first assessment day of a delivery month to the sixth last assessment day of the same delivery month.

For example, Platts would publish JKM balance month-next day April derivatives assessment from Feb. 16, 2024 to March 8, 2024.

This is against the current assessment period which runs from the first assessment day of a delivery month to the third last assessment day of the same delivery month.

This proposal is in line with industry feedback, and lower liquidity observed in the trading of balance month-next day derivatives during the last five business days of an assessment period.

Please send feedback and questions to LNGeditorialteam@spglobal.com and pricegroup@spglobal.com by Jan. 24, 2024.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.