Asphalt Weekly Monitor
29 May 2015
- US road work restarted Tuesday, following the National holiday.
- East Coast retail asphalt selling ranges ease in a few locations..
- East Coast wholesale asphalt and roofing flux prices are steady this week.
- The Midwest had reports of some late-week posted price increases in some States.
- Midwest roofing flux prices were unchanged.
- Midwest wholesale barges were adjusted slightly higher, with rail steady for May product.
- Gulf Coast retail asphalt prices slip in some locations–most are unchanged.
- Gulf Coast area barge asphalt and flux prices are status quo again this week.
- Rocky Mountain regional prices were steady this week. Wholesale was flat too for May.
- West Coast retail was status quo in most areas, firmer in northern California.
- Western Canada wholesale is assessed status quo—Manitoba had a tender.
- Asphalt selling prices in Quebec and Ontario hold steady at last week’s levels.
- Oil prices ended the week higher–July WTI was $60.30 a bbl, up 58 cents for the week.
- July Brent ended the week at $65.56 a bbl, up 19 cents for the week.
- July WCS crude rose more than $2, to over $52 a bbl FOB Alberta–$8.10 under WTI.
- Gardner Asphalt Supply, LLC names new GM (See Personnel Announcement)
- Wildfires in Alberta cut crude oil production. (See Industry News)