Asphalt Weekly Monitor
- Most East Coast retail prices were steady this week, following previous week increases.
- East Coast wholesale paving asphalt prices climbed higher this week, as did roofing flux.
- A few Midwest retail prices rose, but selling ranges increased in a number of locations.
- Midwest wholesale prices settled and were steady at the higher June reported levels. Supply is limited/demand remains strong for available supply.
- Retail Gulf Coast asphalt prices are unchanged and flux prices are mostly steady.
- Wholesale Gulf Coast asphalt assessments rose on very tight supply and higher VTB prices –flux was assessed higher as well.
- West Coast asphalt prices increase in the Pacific Northwest and California.(2)
- Some Saskatchewan tender results were at lower prices—the rest of Canada was steady.
- Quebec and Ontario selling price ranges are unchanged this week.
- July West Texas Int. (WTI) crude soared $4.25 on Iraq developments, going to $106.91/bbl.
- July Brent jumped by $3.85/bbl, going to $112.46/bbl. Brent is $5.55 a bbl above July WTI.
- Canadian Select (WCS) climbs to about $86.50/bbl FOB Alberta—$20.25 under WTI.
- TrailStone Acquires U.S. Oil and Refining Company (See Industry News)
- Morgan Stanley Announces Agreement to Sell TransMontaigne Ownership Stake (See Industry News)
