Asphalt Weekly Monitor
31 May 2024
- U.S. markets got back underway on Tuesday following the long national holiday weekend.
- East Coast retail asphalt and flux pricing was unchanged in the region for the week.
- This week’s assessments for asphalt and flux barges on the East Coast are stable to close out May.
- Midwest wholesale asphalt and flux June sales were generally within the previous weeks’ range.
- Midwest rack market prices were reduced late in the week for a few locations, with others unchanged.
- Gulf Coast rack asphalt rack prices remain steady across the region, with some flux rack prices firming.
- Gulf Coast asphalt and flux barge pricing is stable, with rail pricing narrowing modestly this week.
- Rocky Mountain rack selling price assessments slipped in some northern spots, with other areas flat.
- Rockies wholesale asphalt prices jumped higher for June, with supply limited.
- In the West Coast, Pacific Northwest and California location prices were steady.
- In western Canada, both retail and wholesale markets were unchanged versus the previous week.
- In eastern Canada, this week both Quebec and Ontario markets had flat pricing.
- Oil prices were lower for all benchmark grades this week versus the previous week.
