Asphalt Weekly Monitor
24 June 2016
- East Coast retail asphalt and flux prices hold mostly steady this last full week of June.
- Wholesale East Coast asphalt ranges firm again; flux barge prices are steady.
- Midwest retail prices mostly steady–some upper Midwest areas decline. Demand is strong.
- June Midwest wholesale prices are steady this week, with July prices coming soon.
- Gulf Coast retail asphalt and flux prices were mostly steady, but a few locations slip lower.
- Gulf Coast barge lots sold at prices within the previous week’s range. Flux prices steady.
- Rocky Mountain wholesale prices are steady for remaining June supply availability.
- Retail prices hold steady in the Rockies for this last full week of June.
- West Coast markets have steady prices, with paving demand brisk in most areas.
- Asphalt retail and posted prices are unchanged across western Canada.
- Asphalt selling prices are flat in Quebec and Ontario. Montreal posted price range narrowed.
- Crude oil prices plunge Friday on unexpected UK vote result to leave the European Union. August WTI closes at $47.64 a bbl, after rising above $50 on Thursday.
- August Brent crude ends week lower, at $48.41 a bbl, off $0.76 a bbl.
- August prices for Western Canadian WCS crude close just over $34 a bbl FOB Alberta.
- UK Votes to leave the European Union, roiling international markets on Friday.