Asphalt Weekly Monitor
16 Jan 2015
- Crude oil prices remained very volatile, but ended the week slightly higher than last week.
- Many East Coast retail asphalt and flux prices weakened again this week.
- Wholesale paving asphalt and flux prices declined in East Coast markets.
- Midwest wholesale barge and rail price assessments are narrowed and lower.
- Retail price assessments ease lower in some Midwest locations–some suppliers cut prices.
- Many Gulf Coast retail asphalt and flux assessments decline for the week.
- The Gulf Coast area barge asphalt range narrowes, with the flux range holding steady.
- Wholesale prices decline in the Rockies, as some refiners implement mid-month price cuts.
- Rockies retail prices are assessed lower in some spots—racks are quiet.
- West Coast retail markets continue to slide, with selling range declines in many areas.
- Quebec asphalt selling prices hold steady for the week.
- Ontario asphalt selling prices are assessed status quo, with posted prices flat for this week.
- February WTI was up 33 cents, to $48.69 a bbl this week. March WTI ended at $49.13.
- Western Can. Select (WCS) crude oil ended just under $35 FOB Alberta.
- March Brent crude ended at $50.17 a bbl—up 6 cents vs. February Brent last week.
