Asphalt Weekly Monitor
1 July 2016
- Canada markets closed Friday, July 1 for Canada Day.
- Next week the US markets will be closed Monday, July 4 for Independence Day.
- East Coast retail asphalt prices rise in some areas, flat elsewhere – flux prices increase.
- Some wholesale East Coast asphalt ranges firm; flux barge prices increase.
- Selective Midwest retail prices rise mid-week–others are unchanged this week.
- Midwest wholesale prices rise for July paving and flux on strong demand, as ranges widen.
- Gulf Coast retail asphalt pricing are flat, while flux prices moving notably higher.
- Gulf Coast barge assessment rises slightly, with active markets.–Flux prices increase.
- Rocky Mountain wholesale prices rise significantly for July supply. Demand is strong.
- Retail prices were mostly unchanged in the Rockies.
- West Coast asphalt prices were mostly flat going into the holiday weekend–demand is brisk.
- Asphalt retail/posted prices in western Canada are steady. Alberta wholesale went higher.
- Asphalt selling/posted prices increased in Quebec, but flat in Ontario. MTQ held a tender.
- Oil prices recover this week. August WTI ended at ~$49, up $1.35 a bbl for the week.
- September Brent crude closed at $50.37 a bbl, or almost $2 over August Brent a week ago.
- August Western Canadian WCS crude closed up a dollar at just over $35 a bbl FOB Alberta.
- Tesoro Acquires Dakota Prairie Refinery in North Dakota (See Industry News).
