JKM LNG Price API
Real-time pricing data for Japan Korea Marker (JKM) - the benchmark for spot LNG deliveries in Asia and the world's most important natural gas price indicator.
Live JKM LNG Price
$11.35/MMBtu
Updated: 9/13/2025, 1:43:35 AM
Platts Japan Korea Marker
Why JKM LNG Matters
- ✓Primary benchmark for $150+ billion Asian LNG market
- ✓Reference price for 70% of global LNG trade
- ✓Critical for Petronas and Malaysian LNG exports
- ✓Determines spot cargo values and tender prices
- ✓Influences power generation costs across Asia
Market Specifications
- Assessment:
- S&P Global Platts
- Cargo Size:
- 135,000-175,000 m³
- Delivery Basis:
- DES (Delivered Ex Ship)
- Assessment Time:
- 16:00-16:30 Singapore time
- Publication:
- Daily
Key Price Drivers
Oil Price Link
Many Asian LNG contracts indexed to crude oil (JCC)
Winter Demand
Northeast Asian heating demand peaks Dec-Feb
Nuclear Availability
Japanese nuclear restarts reduce LNG demand
European Competition
Competition with TTF for flexible LNG cargoes
Shipping Rates
LNG vessel charter rates affect delivered costs
Storage Levels
Regional storage inventory affects spot demand
Major Import Markets
Japan
World's largest LNG importer
Annual Demand: 74.5 million tons
Terminals: 37
Major Buyers:
South Korea
Second largest Asian LNG market
Annual Demand: 46.2 million tons
Terminals: 7
Major Buyers:
China
Fastest growing LNG market
Annual Demand: 109.5 million tons
Terminals: 22
Major Buyers:
Taiwan
Key industrial gas consumer
Annual Demand: 18.6 million tons
Terminals: 2
Major Buyers:
LNG Supply Sources to Asia
Australia
30%
Long-term contracts
Qatar
20%
Long-term + spot
United States
15%
Flexible destination
Russia
10%
Pipeline + LNG
Malaysia
8%
Regional supplier
Indonesia
6%
Declining exports
API Integration
Who Uses JKM LNG Data
Power Utilities
Optimize fuel procurement strategies and forecast electricity generation costs based on LNG price trends.
LNG Traders
Execute cargo arbitrage between Atlantic and Pacific basins, optimize shipping routes and cargo timing.
Industrial Users
Manage energy costs for petrochemical, steel, and manufacturing operations dependent on natural gas.
Global LNG Price Comparison
JKM (Asia)
Japan Korea Marker
TTF (Europe)
Title Transfer Facility
Usually $1-3/MMBtu below JKM
Henry Hub (US)
US Natural Gas
Usually $5-10/MMBtu below JKM