Asphalt Weekly Monitor
25 Dec 2015
- Asphalt markets in the US and Canada went quiet for the Christmas holiday week.
- East Coast retail asphalt and flux prices were unchanged, with little activity noted.
- East Coast wholesale asphalt assessments are status quo.
- Midwest asphalt and flux prices were steady this week, with little activity noted.
- Gulf Coast retail and wholesale price are flat for asphalt and flux, with markets mostly quiet.
- Markets were mostly inactive in the Rocky Mountain region, with prices unchanged.
- Wholesale prices are assessed flat for December product in the Midwest and Rockies.
- West Coast region noted static prices, limited activity and cold, wet weather in many areas.
- Western Canada retail and posted prices are steady. Alberta wholesale is status quo.
- Eastern Canada selling prices are flat. Suppliers have ceased posted prices.
- Oil markets rebounded this week and moved higher, reportedly on short covering by traders.
- February WTI closed the short trading week at $38.10 a bbl, up $3.55 vs. previous week. January close. WTI prices rose above Brent for the first time in years.
- Brent ended at $37.89 a bbl, up $1.01 a bbl vs. previous Friday close.
- WCS prices went higher, by $4, to above $25 a bbl FOB Alberta–$12.80 below WTI.
