Platts to launch spot cash differential assessments for JKM LNG Oct 17

Platts, part of S&P Global Commodity Insights, will launch daily spot cash differential assessments for JKM LNG physical cargoes Oct. 17, 2022.

This follows industry feedback and data observed for an expanding proportion of floating price transactions taking place in the Asia-Pacific LNG spot market.

Cash differentials, also known as premiums or discounts, represent the prices counterparties trade against benchmark values published.

Platts will publish spot cash differentials for the daily JKM assessment (AAOVQ00), which will reflect the spread between the JKM assessment against three derivative assessments as below:

LNG Japan/Korea Spot Crg DES (AAOVQ00) vs LNG Japan/Korea derivatives Balance-Month Next-Day (LJKMB00)

LNG Japan/Korea Spot Crg DES (AAOVQ00) vs LNG Japan/Korea derivatives Pricing Month (LJKMO00)

LNG Japan/Korea Spot Crg DES (AAOVQ00) vs LNG Japan/Korea derivatives Mo01 (LJKMO01)

These cash differential assessments will reflect values at the close of the Asia LNG Market on Close assessment process at 4:30 pm (0830 GMT) in Singapore and will follow the Singapore publishing schedule.

Please send all feedback, comments, or questions to LNGeditorialteam@spglobal.com and pricegroup@spglobal.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available to the public upon request.