Asphalt Weekly Monitor
- East Coast wholesale asphalt prices go lower on barge sales activity.
- Midwest retail prices steady in most areas—a few suppliers raise prices modestly for June.
- Midwest barges quiet—but rail prices are firm for early June supply of paving grade.
- Gulf Coast retail markets steady in most areas.
- Gulf Coast wholesale market moves lower this week for paving grade material.
- Some Rocky Mountain wholesale prices much higher for June—other suppliers unchanged.
- Some Pacific Northwest increases noted, California steady in north—easing in the south.
- BC price assessments adjusted in western Canada—Quebec markets slip lower.
- CP Rail (Canadian Pacific) still on strike—government intervention anticipated.
- July NYMEX WTI crude drops to $83.23 per bbl, down $7.63 for the week on very weak jobs report in the US and concerns about Europe.
- Western Canadian Select (WCS) discount to WTI rises to $21.50 per bbl for July, up $3.50.
- June Brent crude premium to WTI eases to $15.00-15.25 per bbl by week’s end.
