Asphalt Weekly Monitor
17 Jul 2015
- National Asphalt Paving Assoc. (NAPA) held its Midyear Meeting in Denver this week.
- East Coast retail asphalt ranges moved lower in some southeast areas – flux steadfast.
- Some East Coast wholesale asphalt prices narrow in some areas – wholesale flux steady.
- Midwest asphalt prices were static for retail and wholesale–with wet weather noted.
- Some Gulf Coast retail asphalt prices lower, with flux price assessments status quo.
- Gulf Coast area barge asphalt and flux ranges are unchanged for the week.
- Rocky Mountain retail and wholesale prices were flat this week.
- West Coast has steady prices—wild fires noted in many States, with rain in the forecast.
- Western Canada retail price assessments are unchanged in some Provinces. Saskatchewan and Manitoba held tenders this week – prices are assessed higher.
- Montreal selling price range assessments slightly narrower – Ontario prices are status quo.
- Oil prices continue lower—August WTI ends at $50.89/bbl, down $1.85. Sept at $51.21.
- September Brent closes at $57.10 a bbl, down $1.63 a bbl versus last week’s August prices.
- Canada’s WCS crude prices drop $5, to near $35 a bbl FOB Alberta for September WCS.
- Merger Completed Forming LafargeHolcim Ltd. (See Industry News)
- US House of Representitives Passes Highway Funding Extension (See Industry News)