Asphalt Weekly Monitor
4 April 2025
- It appears as of Friday that no new tariffs on crude oil and refined products will be applied by the U.S. Administration, which comes as a relief to both U.S. and Canadian market participants.
- However, major new tariffs on other imports were announced.
- East Coast asphalt rack assessments are mixed this week, with flux rack pricing stable.
- Some asphalt barge ranges on the East Coast firm, with flux barge pricing unchanged this week.
- Midwest wholesale asphalt markets were steady, while flux prices were reported in a wider range.
- Midwest rack prices were steady, with limited activity due to rain and cold weather in most areas.
- Gulf Coast rack asphalt pricing up slightly in some areas, with flux rack pricing static.
- Gulf Coast asphalt and flux barge assessments are stable, with asphalt and flux rail pricing steadfast.
- Rocky Mountain rack market prices were steady, except for a few Idaho market locations.
- Rockies’ wholesale prices held at previously reported levels for April supply.
- In the West Coast, some Pacific Northwest locations were priced higher but other areas were flat.
- California markets were status quo this week.
- In western Canada, both retail and wholesale markets were steady.
- In eastern Canada, both Quebec and Ontario market price assessments are down this week.
- Oil prices were sharply lower for all benchmark grades, as OPEC+ raised its production levels.
