Japan Crude Cocktail

Japan Crude Cocktail

The Japan Customs-cleared Crude (JCC) is the average price of custom-cleared crude oil imports into Japan (formerly the average of the top twenty crude oils by volume) as reported in customs statistics; nicknamed the "Japanese Crude Cocktail".

It is a commonly used index in long term LNG contracts in Japan, Korea and Taiwan, and replaced the Government Selling Price of crude oil as the standard index.

JCC (Japan Crude Cocktail) is published by Japanese government every month as an average crude oil import price, in kilo litter per yen.

JCC prices are available from the Petroleum Association of Japan.

External Links
* [http://www.paj.gr.jp/statis/excel/epaj-7.xls JCC prices from the Petroleum Association of Japan]


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