Asphalt Weekly Monitor
- East Coast wholesale FOB asphalt prices in higher range – CIF prices steady.
- East Coast retail asphalt prices are mixed – flux retail steadfast.
- Midwest asphalt retail mostly steady, a few modest posting changes, with racks fairly quiet.
- Midwest January wholesale prices lower for rail supply of paving grades—barge activity thin.
- Gulf Coast wholesale prices steady this week–retail asphalt and flux prices unchanged too.
- Rockies wholesale prices steady after falling at start of month.
- Aggressive prices bid for Wyoming letting projects—prices there assessed lower this week.
- West Coast asphalt markets mostly steady/quiet, but some lower bids in Washington State.
- Canada prices are status quo—cold, winter conditions prevail.
- March NYMEX WTI crude ends week at $93.99–up $0.90 versus Feb close last week. WTI keeps rising for fifth week in a row.
- Western Canadian Select (WCS) discount to March WTI at $40-41/bbl.
- March Brent-to-WTI crude premium eases lower–to $15-16/bbl.
- Tesoro plans to convert Hawaii refinery to a terminals operation. (See Industry News)
- PBF to market its Paulsboro wholesale product—Valero to continue marketing PBF retail volumes. (See Industry News)
