Asphalt Weekly Monitor
21 Oct 2016
- East Coast retail asphalt and flux prices are steady this week.
- Some East Coast wholesale asphalt price ranges narrow modestly. Flux prices are flat.
- Midwest retail prices are steady for asphalt and roofing flux, as demand is fading.
- Midwest wholesale asphalt prices are flat for October material.
- Gulf Coast retail markets are mostly flat this week. Flux prices remain unchanged.
- Gulf Coast wholesale asphalt prices firm modestly. Wholesale flux is status quo.
- Rockies wholesale prices are flat. Retail markets mostly steady, as demand is fading fast.
- West Coast selling price assessments hold flat in the region heading into month’s end.
- Asphalt selling/posted prices are flat across western Canada. Alberta wholesale is steady.
- Montreal posted/selling prices are in narrower ranges. Toronto retail prices are status quo.
- Crude oil prices ended almost unchanged. December WTI closed at $50.85 a bbl, up $0.11.
- December Brent crude ends week at $51.78 a barrel, down by $0.17 versus last Friday.
- December Western Canadian Select oil (WCS) eases, to just over $36 FOB Alberta.
- Delek US Holdings Inc. and Alon USA Energy Inc. enter merger talks. (See Industry News)