Asphalt Weekly Monitor
- The US celebrated Columbus Day and Canada celebrated its Thanksgiving Day on Monday.
- Prices eased lower in a few East Coast retail locations.
- East Coast wholesale asphalt and flux prices unchanged.(2)
- Midwest retail prices are mostly steady this week, with a few location assessments adjusted.
- Midwest wholesale prices are mixed, with barges assessed modestly higher this week.
- Gulf Coast retail asphalt market prices steady for the week.
- Gulf Coast asphalt wholesale market active – price range widens.
- Gulf Coast retail and wholesale flux prices are status quo.
- Rocky Mountain area retail prices mostly steady—wholesale price range unchanged, with most material selling at low end of range.
- West Coast paving asphalt generally steady—some lower flux prices in southern California.
- Quebec and Ontario retail prices hold steady.
- Western Canada retail markets unchanged, with wholesale assessed in a broader range.
- December NYMEX WTI crude moves higher, to $92.28 per bbl—up $2.40 per bbl this week.
- Western Canadian Select (WCS) discount to WTI is near $14 per bbl.
- Brent-to-WTI crude premiums go above $22 per bbl this week.
- BP agrees to sell Texas City Refinery to Marathon Petroleum (see Industry News).
- Calumet Specialty Products acquires Montana Refining Company, Inc. (see Industry News).