Asphalt Weekly Monitor
12 Aug 2016
- Summer Asphalt Institute meeting took place in Kansas City this week.
- East Coast retail asphalt prices were mostly steady, with few location ranges adjusted. Flux prices were steady.
- Wholesale East Coast asphalt prices varied widely–both higher and lower prices reported.
- Midwest retail markets were status quo in most areas this week.
- A Midwest wholesale barge sale was reported at a significantly lower price. Wholesale VTB’s were moving to the Gulf Coast by barge. Wholesale rail prices were static.
- Gulf Coast retail and wholesale asphalt/flux prices are steady this week.
- Rocky Mountain wholesale prices reported as steady for August–retail mostly flat too.
- West Coast prices were unchanged this week, along with Hawaii and Alaska.
- Asphalt selling and posted prices are status quo in western Canada.
- Retail prices decreased in Quebec and Ontario. Posted prices also went down in Montreal.
- Oil prices surge higher this week. Sept WTI closes at $44.49 up $2.51 a bbl for the week.
- October Brent crude climbs to $46.97 a bbl, up $2.70 for the week.
- Western Canadian WCS crude rises by $3, to just over $30 a bbl FOB Alberta.
