Asphalt Weekly Monitor
15 Jan 2016
- Some retail asphalt markets on the East Coast had price declines, with flux pricing flat.
- East Coast wholesale asphalt pricing went lower, with flux markets steady this week.
- Midwest retail markets were mostly quiet, with most selling ranges unchanged.
- Midwest wholesale ranges were steady for barges and flux, modestly lower for rail.
- Several Gulf Coast retail asphalt price ranges declined, while flux remained steady.
- The Gulf Coast asphalt barge range is in a lower band, as the flux barge range is unmoved.
- Rockies area selling prices were assessed lower in various locations. Wholesale was flat.
- West Coast selling ranges decline in some locations, with wet and cold limiting activity.
- Western Canada retail and posted prices are flat. Alberta wholesale prices are steady.
- Eastern Canada selling prices are status quo.
- Oil prices continue to plunge–February WTI closes at $29.42 a bbl, down $3.74 this week.
- March Brent drops to $28.94 a bbl, down more than $4 for the week.
- WCS falls to just over $15 a bbl FOB Alberta—about $14.20 below WTI.
- Idaho Asphalt Announces Merger with Western Emulsions (See Industry News)
