Asphalt Weekly Monitor
7 March 2025
- Market participants were unclear on the interpretation of changing US tariffs on Canada and Mexico.
- East Coast asphalt rack assessments firmed in most areas, with flux pricing unchanged in the region.
- Some asphalt barge ranges eased on the East Coast with others flat, as flux barge pricing was static.
- Midwest wholesale activity was noted for barge and rail sales, but at steady prices. Flux was flat.
- Rack markets in the Midwest remain mostly steady, with only one adjusted range this week. Much warmer and drier weather conditions are expected for the upcoming week as spring approaches.
- Gulf Coast rack asphalt prices were mostly steady or stronger, with flux assessments there steady.
- Gulf Coast asphalt barge pricing slipped modestly, with rail pricing and flux wholesale unchanged.
- Rack markets in the Rockies had mostly steady prices and limited
- Rockies wholesale prices held steady this week for March supply.
- In the West Coast, some Pacific Northwest locations had price changes. California locations were flat.
- In western Canada, both retail and wholesale markets were status quo.
- In eastern Canada, both Quebec and Ontario market price assessments are steady this week.
- Oil prices were lower for all benchmark grades this week.