Asphalt Weekly Monitor
- East Coast asphalt and flux retail prices are status quo for the week.
- Some East Coast wholesale asphalt prices are stronger for the week, flux barge is steady.
- Wholesale markets steady for remaining February material, with March prices awaited.
- Gulf Coast retail asphalt and flux price assessments are steadfast across the region.
- Gulf Coast retail asphalt and flux price assessments are steadfast across the region.(2)
- Gulf Coast wholesale asphalt and flux ranges hold steady this week.
- Rockies selling ranges mostly steady, with few adjustments. February wholesale was flat.
- Some Pacific Northwest prices were adjusted—other West Coast prices hold steady
- Western Canada remains frigid and quiet–higher prices were reported for most Provinces.
- Eastern Canada price ranges are unchanged this week, with very limited activity.
- April NYMEX West Texas Int. crude (WTI) rose $0.39, going to $102.59 a bbl.
- April Western Canadian Select (WCS) crude weakens to $25 under April WTI.
- April North Sea Brent oil slips $0.78, going to $109.07 a bbl, or only $6.50 over WTI.
- Axeon Specialty Products LLC, launches a new petroleum products company, formerly NuStar Asphalt LLC. (See Industry News).
- New emergency safety rules implemented on rail cars moving crude (See Industry News).