Asphalt Weekly Monitor
11 Dec 2015
- The Asphalt Institute held its Winter Meeting in Miami, Dec. 8-10, and was well attended.
- East Coast retail asphalt prices ease in some areas, with flux prices declining this week.
- East Coast wholesale asphalt ranges flat, as flux ranges declined notably.
- Midwest retail prices continue to erode in some locations, with some cuts reported.
- Wholesale barge and rail prices are assessed in lower ranges for the Midwest region.
- Gulf Coast retail asphalt ranges narrow or ease in some areas, with flux ranges lower.
- Wholesale Gulf Coast asphalt range flat, with the flux wholesale moving lower.
- Rocky Mountain selling prices assessed lower in some spots, with activity limited.
- Wholesale prices hold at December reported levels..
- West Coast markets ease in various locations. Wet and cold conditions limit activity.
- Western Canada retail and posted prices are status quo. Alberta wholesale is steady.
- Eastern Canada selling prices are steadfast. Suppliers have ceased posted prices.
- Crude markets fall sharply. January WTI closes at $35.62 a bbl, down $4.35 for the week.
- January Brent oil drops $5.07 for the week, to only $37.93 a bbl—or $2.31 above WTI.
- January WCS crude slumps to less than $22 a bbl FOB Alberta, or $13.95 below WTI.