Asphalt Weekly Monitor

24 Jan 2020

• Racks remain mostly quiet in East Coast markets, but some firmer New England pricing.
• East Coast asphalt barge prices narrowed. Flux retail and barges are steady on East Coast. 
• Midwest retail racks were mostly quiet. Prices are unchanged for asphalt and flux.   
• Midwest wholesale prices remain assessed at previous week levels, with February prices under negotiation.       
• Gulf Coast retail asphalt and flux prices are status quo for this week, with limited activity.      
• Barge pricing on the Gulf Coast narrows for asphalt, with roofing flux prices steady.
• Rocky Mountain retail assessments are unchanged, with winter conditions stifling activity.  
• Wholesale prices were steady in the Rockies, with February prices being negotiated. Some wholesale deliveries have been delayed from refiners, due to cold weather conditions.   
• Markets were mostly quiet in the West Coast region. Asphalt and flux prices were stable.            
• In western Canada, retail and wholesale asphalt markets were static this week.
• Base grade asphalt posted and selling prices were flat in both Montreal and Toronto.
• Crude prices plunged, mostly caused by the global economy slowdown fears, due to reports of corona-virus spread around the world.