Asphalt Weekly Monitor
18 Dec 2015
- East Coast retail asphalt prices slip in some areas, with flux prices steady this week.
- East Coast wholesale asphalt ranges decline, as flux ranges hold steady.
- Midwest retail asphalt prices decline in some areas. Lower flux prices noted.
- Midwest wholesale barge markets very active, with prices dropping this week.
- Gulf Coast retail asphalt ranges slip in some areas, with flux ranges flat.
- Wholesale Gulf Coast asphalt range declines, with the flux wholesale status quo.
- Rocky Mountain selling prices were mostly steady, with markets there mostly quiet.
- Wholesale prices mostly steady in the Rockies, but the range is adjusted slightly.
- West Coast asphalt prices mostly static. California demand was surprisingly strong.
- Western Canada retail and posted prices are flat. Alberta wholesale is steady.
- Eastern Canada selling prices are status quo. Suppliers have ceased posted prices.
- Crude markets weaken again. January WTI ends at $34.55 a bbl, down $1.07 for the week.
- February Brent crude closes at $36.88 a bbl, down $1.05 vs. last week’s January close.
- January WCS crude slips below $21 a bbl FOB Alberta, or $13.50 below WTI.
- Bitumar (Hamilton) Inc. to Merge With Canadian Asphalt Industries Inc. (See Industry News)
- US Ends Ban on Oil Exports (See Industry News).
