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Japanese Oil Products Rack: Oil Price Assessments

What are Japanese Oil Products Rack?

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Platts assesses prices for refined oil products for domestic rack deliveries in Japan from two locations in Tokyo Bay. The Japan rack assessments reflect prices for gasoline, gasoil, kerosene, high sulfur A-fuel oil and low sulfur A-fuel oil for loading one to seven days from the date of publication.

Launches December 12, 2016



How do we assess the prices of Japanese Oil Products Rack?

Platts Japan Rack assessments reflect bids, offers and transactions for rack deliveries from two locations in Tokyo Bay – Chiba and Kanagawa. The assessments reflect parcels of gasoline, gasoil, kerosene and high sulfur and low sulfur A-fuel oil loading one to seven days from the date of publication. The assessments represent material meeting the latest standard Japan Industrial Standard, JIS specifications, unless otherwise specified. Rack transactions, bids and offers of a minimum of 50 kiloliters are considered for assessment. The maximum parcel size for any one bid or offer is 200 kiloliters.

Platts editorial holidays schedule that affect the assessment

  • Official Japan public holidays
  • Japan New Year holidays: December 31 to January 1, 2, 3
  • Christmas


Contact Platts Tokyo office
  • Marunouchi Kitaguchi Building, 28th Floor,1-6-5 Marunouchi Chiyoda-ku Tokyo 100-0005, Japan
  • Tel: +813 4550 8842 (Editorial)
  • Tel: +813 4550 8300 (Sales)
  • Email: asia_oilproducts@platts.com


Evolution of Japanese Oil Products Rack

See Less   Platts: minus

Requests from market participants have prompted Platts to study the launch of daily price assessments for five oil products in the Japanese market: 89 RON gasoline, kerosene, gasoil, high sulfur and low sulfur A-fuel oil.

View full subscriber note here: Platts to launch Japan lorry rack oil product assessments Dec 12

Press release: S&P Global Platts to launch domestic Japanese rack price assessments on 12 December following market consultation

Platts would like to invite you to e-mail your comments, suggestions and questions regarding these planned price assessments to asia_oilproducts@platts.com.





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