Asphalt Weekly Monitor
- Spot Western Canadian Select (WCS) discounts slipped to about $19 below July WTI.
- Bitumar Enters into Through-put Agreement with Hudson for Providence Terminal
- US paving activity gets restarted following the Memorial Day Holiday short week.
- East Coast asphalt prices higher in some areas – flux unchanged.
- East Coast wholesale asphalt prices move higher – flux wholesale steady.
- Deadly storms, tornadoes and some flooding limit activity in some Midwest locations.
- Midwest prices are mostly steady, but ease lower in eastern Kentucky.
- Gulf Coast asphalt retail prices lower in S. Louisiana, steady elsewhere – flux unchanged.
- Gulf Coast wholesale asphalt price ranges narrow – flux wholesale prices are flat.
- Rocky Mountain wholesale and retail markets are steady this last week of May—Arizona DOT Bituminous Index declines for June.
- Eastern Canada retail prices narrow in Quebec, with postings lower – Ontario remains flat.
- East Coast asphalt prices slip lower in many areas.
- East Coast wholesale asphalt market prices weaken in many areas.
- Midwest paving grades were steady in some areas, lower in others.
- Midwest wholesale prices go lower for barges and rail supply of paving grades.
- Some Gulf Coast retail markets move lower with others narrowing.
- Gulf Coast wholesale prices assessed lower, on lower priced deals.
- Gulf Coast and East Coast flux retail and barge prices unchanged for the week.
- Rocky Mountain wholesale prices steady for last week of June—July to be noted next week.
- Rocky Mountain and West Coast retail markets mostly steady.
- Eastern and western Canada posted and selling prices unchanged.
- The MTQ held a bid on June 26.
- August NYMEX WTI crude surges to $84.87 per bbl on Friday–up $5.11 from previous week on positive EU developments.
- Western Canadian Select (WCS) discount to WTI rises to $27.50 per barrel.
- August Brent crude premium to WTI drops to $9.50 per bbl.
- President Obama and Congress pass a highway funding extension bill.
