Asphalt Weekly Monitor
03 Mar 2017
- East Coast retail asphalt prices increase in many areas, with some flux pricing narrowing.
- Many wholesale prices for asphalt assessed higher on East Coast, with flux bands narrower.
- More Midwest suppliers raise posted/quoted prices at start of March. Selling ranges firm.
- Wholesale prices go higher for March supply. Demand remains robust, with supply limited.
- Gulf Coast retail asphalt prices mostly steady, with flux pricing flat as well.
- Wholesale asphalt price range firms, with flux barge prices unmoved on the Gulf.
- Rockies wholesale prices rise for March supply–retail selling ranges firm in some areas.
- West Coast prices firm in some locations this week.
- Western Canada asphalt selling and posted prices are flat. Alberta wholesale went higher.
- Asphalt selling prices are significantly higher in Montreal and Ontario for March.
- Ontario posted prices increased notably, with some Quebec suppliers posting season opening prices, at significantly higher levels than last season’s close.
- Crude oil eases lower, with April WTI closing at $53.33/bbl, down $0.66 this week.
- April Western. Canadian Select crude (WCS) ends the week below $40 FOB Alberta.
- May Brent crude closes at $55.90/bbl, off nine cents, versus April Brent last week
