Asphalt Weekly Monitor
- Paving work slows at week’s end due to upcoming US Memorial Day Holiday.
- East Coast retail prices stable to firm this week, but replacement costs climb.
- Surging oil prices put upward pressure on asphalt costs in many US markets.
- Wholesale asphalt prices go higher for flux and paving in the Midwest and Gulf.
- Rocky Mountain posted prices hit new highs as suppliers raise prices once again.
- Eastern Canada asphalt prices slipped modestly this week.
- Quebec to hold 2nd asphalt tender on May 26th.
- WTI crude oil prices soar above $135 per barrel, closing the week at $132.