Asphalt Weekly Monitor
17 Apr 2015
- Asphalt Institute held its Spring Meeting in New Orleans this week.
- East Coast retail selling ranges for asphalt and flux remain unchanged.
- East Coast Wholesale FOB asphalt prices ease, with CIF pricing unchanged.
- Wholesale flux prices move higher in some East Coast markets, with others steady.
- Midwest wholesale prices are flat this week—retail ranges ease lower in some areas.
- Gulf Coast retail asphalt and flux assessments are unchanged this week.
- Gulf Coast area barge asphalt prices slip slightly– flux prices are unchanged.
- Rocky Mountain wholesale and retail prices are unchanged.
- West Coast markets hold steady this week.
- Western Canada wholesale prices are status quo—Saskatchewan held a tender.
- Quebec selling prices are assessed in a narrower range–Ontario is assessed flat.
- Quebec marketers began asphalt posted prices this week.
- May WTI crude rises $4.10, to $55.74 a bbl, with June WTI at $57.32 a bbl.
- June Brent crude surges to $63.45 a bbl, up $5.58 versus last week’s May Brent.
- May Canadian WCS crude climbs to $45 a bbl FOB Alberta—or $12 under WTI.
- Delek US agrees to acquire large share of Alon USA (see Industry News).