Jet kerosene pricing Trend and Forecast
Rapid recovery from pandemic after successful vaccination drive increased Jet kerosene pricing consumption across North America during this quarter. Post this rise, an effective rebound in prices of Jet Kerosene was also observed in USA, where prices consistently traced upward trajectory, as the US government steadily lifted international travel ban. In addition, rising crude values also exacerbated this price hike, where USA faced difficulties due to sudden hike in demand amid rising upstream cost. Primarily, increase in consumption from domestic aviation sector increased the prices of Jet Kerosene from USD 545/MT to USD 607/MT during April-June timeframe.

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