Global Jet kerosene market remained volatile during May 2025. In the Indian market the prices remained under pressure during the review period. However, in the North American market the prices showcased a range of fluctuations.

In India, Jet Kerosene prices dipped by 4.45% in the recent pricing cycle, driven majorly by the current slump in international benchmark crude oil and natural gas prices. This decrease in Aviation Turbine Fuel (ATF) expenses will be expected to relieve the financial burden on airlines and could be reflected in marginal decreases in air fares, although the size of this effect will be subject to wider market forces, such as demand patterns and competitive approaches. In spite of the price revision, the nation's total Jet Kerosene consumption was sturdy, with good growth being reported in major segments such as Liquefied Petroleum Gas (LPG) and petrol. Jet Kerosene consumption also saw a small increase, benefiting from continued strength in the aviation space due to increasing passenger traffic and strengthening economic optimism, indicative of supportive near-term outlook for Jet Kerosene usage as well as air travel.

Conversely, the North American Jet Kerosene market was characterized by significant volatility during mid-May 2025 due to the confluence of supply-side interruptions and elevated import needs. A major driving force was an unscheduled refinery shutdown in California, which sharply reduced local production capacity and constricted regional Aviation Turbine Fuel (ATF) availability. As a reaction to the shortage of supply, import trading activity picked up, with Asia, and especially South Korea, becoming a prime supplier. Asian Jet Kerosene exports to the U.S. West Coast are likely to surpass 550,000 metric tons in May, the highest level for a month in more than a year. This surge in imports coincides with the beginning of the American summer vacation season, a time of heightened air traffic and higher Jet Kerosene demand historically. The timing of the disruption in supply has heightened worries about the region's reliance on outside sources to satisfy peak seasonal demand, which could translate to cost pressures on airlines and heightened volatility in ticket prices. All these are a reminder of the structural weaknesses in the U.S. West Coast's refining supply chain, under which refinery shutdowns can rapidly ripple throughout the market, requiring quick and sometimes expensive changes in sourcing plans.

As per ChemAnalyst, global Jet Kerosene prices are expected to see a declining trend in the next few months. This decline is owed largely to two reasons: growing sustainability focus on the part of the aviation industry and seasonal dip in Jet Kerosene utilization during monsoons. Airlines are increasingly embracing more efficient technologies and alternative energy sources as part of their wider decarbonization ambitions, which will see conventional jet Kerosene demand reduced slowly over time. Further, the onset of the monsoon season usually also sees a decline in overall air travel and logistics activity, putting further pressure on Jet Kerosene consumption.