Chemical Updates

Asia and Middle Eastern Jet Daily Market Analysis / Formosa sells 300,000 b of jet A-1 fuel for Sep 16 - 20 loading / ARA jet fuel stocks drop 4.5% WOW: Insights Global

Aug 18, 2026

The Asian jet fuel/kerosene front-month backwardation structure widened Aug. 17 as the memorandum of understanding between the US and Iran is nearing its 60-day expiry, prompting renewed uncertainty about the outlook for the ongoing Middle East conflict. the front-month September- October FOB Singapore jet fuel/kerosene swaps time spread — an indicator of the near-term market outlook — at plus $2.76/b at the Aug. 14 Asian close, narrowing from plus $3.71/b the previous session. In midmorning Asian trading Aug. 17, brokers pegged the spread at plus $3.05/b. However, fundamentals remained weak, sources said, as Chinese cargoes flooded the region. The FOB Singapore jet fuel/ kerosene cargo cash differential tumbled 92 cents/b day over day to plus $1.08/b to the Mean of Singapore jet fuel/kerosene assessments Aug. 14. In spot market activity,...

Exclusive market movement data, shipping lineups, demand signals and pricing rationale continue in full report.

Unlock complete article access with a paid account.

Continue Reading With Membership

This is a preview. Login and activate a paid plan to read the complete article.