Asphalt Weekly Monitor
- The Asphalt Institute held its annual meeting in Indian Wells, CA this week.
- Oil markets continue to weaken, putting downward pressure on refined product prices.
- East Coast retail asphalt prices declined in some areas, with flux prices steady.
- Wholesale East Coast asphalt prices declined sharply, flux assessments are unchanged.
- Midwest wholesale prices go lower for December—some retail prices slip too.
- Gulf Coast retail asphalt prices were steady with some declines – flux pricing status quo.
- The Area Barge asphalt prices in the Gulf Coast fell this week, with flux prices steady.
- Rockies wholesale prices drop for December, as refiners cut prices to move volumes.
- West Coast prices decline in some California markets, as State Indices go under 400.
- Western Canada wholesale prices fall—retail is quiet and steady in the absence of activity.
- Quebec asphalt posted prices and selling prices are steadfast from last week.
- Ontario asphalt selling prices are assessed flat and posted prices are steady for this week.
- January WTI crude oil eases another 36 cents, going to $65.84 a barrel.
- Western Can. Select (WCS) crude oil prices remain about $49 FOB Alberta for January.
- January Brent crude prices break $70 and decline another $1.08–to $69.07 a barrel.
