Asphalt Weekly Monitor
13 Mar 2015
- East Coast retail asphalt prices move lower in some markets, with flux prices unchanged.
- Wholesale asphalt prices narrow in some areas, with flux price ranges steady.
- Midwest wholesale prices are steady this week for asphalt cement and roofing flux.
- Midwest retail price assessments are reduced in a number of locations.
- Gulf Coast retail assessments go lower in some areas, with flux prices steadfast.
- Gulf Coast area barge asphalt range narrows, with the flux range status quo.
- Rockies wholesale prices are flat—a few retail location selling ranges slip.
- Several West Coast retail locations have lower ranges this week.
- Western Canada was quiet and steady—wholesale is assessed flat.
- Quebec and Ontario asphalt selling prices are status quo with very limited activity.
- Oil prices drop–April WTI crude prices fall sharply, to $44.84 a bbl—down $4.77 a bbl.
- April Western Can. Select (WCS) is $14.35 under WTI—down to $30.50 a bbl FOB Alberta.
- April Brent crude plunges $5, closing at $54.67 a bbl.
- Two Crude Oil Trains Derail in Ontario and Illinois. (See Industry News)
- The United Steelworkers reaches a tentative agreement with refiners. (See Industry News)
- Kinder Morgan’s Trans Mountain pipeline meets opposition. (See Industry News)
- Train safety guidelines fail to prevent derailments, spills, and fires. (See Industry News)
