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LNG (JKM)

JKM · Energy · ICE · Quoted in USD/MMBtu
12.15 USD/MMBtu
-0.010 (-0.08%) today
· CI Indication

Origin markets

Origin spread 4.400 USD/MMBtu

Benchmark: LNG JKM, NE Asia DES. The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive

OriginBasisPricevs benchmarkMarket note
🌏
JKM (NE Asia DES)
Asia · Asian LNG benchmark
DES12.15BenchmarkDelivered Japan/Korea marker
🌐
Oil-linked term
Global · contract
% Brent slope12.75
+0.600 (+4.9%)stable
Oil-indexed term cargoes vs spot JKM
🇪🇺
TTF (NW Europe)
Europe · Atlantic arb
Hub11.75
-0.400 (-3.3%)stable
JKM-TTF spread steers where flexible cargoes sail
🇺🇸
US FOB (Sabine)
USA · netback
FOB8.350
-3.800 (-31.3%)narrowing
HH plus liquefaction; shipping arb to Asia

Differentials are indicative desk assessments over the live benchmark — 90-day spread trend shown per origin.

Track physical flows on the live vessel map →
Open
12.16
Day High
12.29
Day Low
11.88
Prev Close
12.16
1W
+1.93%
1M
+1.17%
1Y
+6.11%
5Y
+25.78%
Exchange
ICE

6-month range

Annualised volatility 17%
Low 7.870Now 12.15 · 94%High 12.42

Forward curve

Indicative term structure · Contango

Spot
12.15
USD/MMBtu
3M
12.26
+0.91%
6M
12.17
+0.16%
12M
12.35
+1.65%
18M
12.36
+1.73%
24M
12.59
+3.62%

In other units

Converted from 12.15 USD/MMBtu · indicative FX

EUR/MMBtu
11.18
CNY/MMBtu
88.09

About LNG (JKM)

LNG (JKM) is traded in the energy segment, with price discovery referenced against ICE. The chart above shows the trailing indicative price path. Physical parcels of LNG (JKM) can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.

EnergyICEUSD/MMBtu-0.08% today
Top producers
1. Qatar2. Australia3. USA4. Russia
Principal uses
  • NE Asia power & heating
  • Industrial fuel
  • Shipping fuel