Asphalt Weekly Monitor
21 Aug 2015
- East Coast retail asphalt ranges mostly flat, with some isloated slippage – flux unchanged.
- East Coast wholesale asphalt FOB prices narrow, with CIF and flux prices steady.
- Midwest retail markets are generally steady, with paving activity strong.
- Midwest wholesale prices steady for asphalt/flux, with demand strong and supply limited.
- Gulf Coast retail asphalt and flux prices pricing unmoved for the week.
- Gulf Coast area barge pricing for asphalt and flux remains unchanged again this week.
- Rockies retail prices were flat this week. Wholesale ranges are unchanged.
- West Coast markets were steady, with supply tight in California. Wild fires remain widespread in western states.
- Western Canada retail assessments are steady. Wholesale is flat.
- Quebec and Ontario selling price ranges are assessed status quo.
- Oil prices drop again–October WTI closes week at $40.45/bbl—down $20 in two months.
- October Brent dives $3.73, to $45.46 a bbl on continued surplus demand.
- Western Canada’s WCS crude is ~$25 a bbl FOB Alberta for October.
- Matcon to Start Marketing Asphalt Products in Port Everglades, FL (See Industry News).
- PBF Energy has a Fire at Delaware City, DE Refinery (See Industry News).