Asphalt Weekly Monitor
26 May 2017
- Canadian markets closed Monday, May 22, for Victoria Day.
- East Coast retail asphalt prices move higher in some areas, with flux markets unchanged.
- East Coast wholesale asphalt prices ease lower, with flux barge pricing steady for the week.
- Midwest wholesale prices held steady for remaining May asphalt and roofing flux.
- Retail prices are mostly flat in the Midwest, but some selling ranges are adjusted.
- Gulf Coast retail asphalt and flux prices unchanged for the week, with markets noted as flat.
- The wholesale asphalt range narrowed modestly, with Gulf Coast flux barge pricing static.
- Rocky Mountain retail prices were mostly steady, with few exceptions.
- Rockies wholesale markets were steady for May supply.
- West Coast retail selling ranges were mostly static this pre-holiday week.
- Western Canada selling and posted prices are steadfast again this week.
- Selling/posted prices are in a narrower range in Quebec. Price ranges are flat in Ontario.
- Crude slumped, as WTI fell below $50. July WTI closed at 49.80/bbl, off $1.10/bbl.
- July West. Can. Select crude (WCS) eased, to $39.50/bbl FOB Alberta—$10.30 under WTI.
- July North Sea Brent oil slipped, to $52.30 a bbl, or $1.31/bbl lower for this week.
