Asphalt Weekly Monitor
30 Jan 2015
- NAPA held its 60th annual meeting January 25-28 in Marco Island, Florida.
- Crude oil prices hit six-year lows before staging a strong rally on Friday.
- Some East Coast retail asphalt prices slipped or narrowed this week – flux prices steady.
- Wholesale asphalt prices were in narrower bands this week, – flux barge is unchanged.
- Midwest wholesale barge and rail prices go lower this week.
- Some Midwest suppliers cut retail rack prices in a number of market locations.
- Some Gulf Coast retail assessments declined, with most ranges holding steady.
- The Gulf Coast area barge asphalt range narrowed, with the flux range steady.
- Rockies wholesale prices steady for January supply–February reported next week .
- Rockies retail prices mostly flat and markets are quiet.
- West Coast retail markets ease slightly in some areas.
- Western Canada retail markets are unchanged remaining in the winter duldrums.
- Wholesale material in Western Canada is assessed steadfast for the week.
- Quebec asphalt selling prices are steadfast for this week, dormant for the winter.
- Ontario asphalt posed and selling prices remain inactive, with no price movements.
- March WTI crude oil stages a Friday recovery, ending at $48.24 a bbl—up $2.65 this week.
- March Western Can. Select (WCS) crude is $13.15 under WTI– ~$35 FOB Alberta—up $3.
- March Brent crude climbs $4.20, to $52.99 a bbl, rising to $4.75 a barrel over WTI.
