Asphalt Weekly Monitor
7 Apr 2017
- East Coast retail asphalt prices firmed in many locations, with flux pricing also increasing.
- Some East Coast wholesale price assessments for asphalt narrow, with flux prices firming.
- Some Midwest suppliers raise prices for April—selling ranges climb in some markets.
- Some Midwest wholesale prices increase for April, but assessed ranges are steady. Flux prices mostly higher for April supply there.
- Gulf Coast retail asphalt pricing goes higher in some areas, with retail flux pricing steady.
- The wholesale asphalt range on the Gulf Coast narrows, with flux wholesale unchanged.
- Rockies wholesale prices go higher for April–retail prices rise in some southern areas.
- West Coast selling ranges increase in the Pacific Northwest. California flux prices rise..
- Selling price assessments and reported posted prices are flat this week in western Canada.
- The selling price assessment is higher in Montreal, while posted prices hold steady.
- Ontario market participants reported no changes in asphalt prices. However, posted prices are in a narrower range.
- Crude oil prices rise again, as May WTI reaches $52.29/bbl–up $1.69 for the week.
- May West. Canadian Select crude (WCS) prices increase $2—to over $41 FOB Alberta.
- June North Sea Brent oil rises to $55.24 a bbl.
- Bitumar Inc. Announces New Sales Manager (See Personnel Announcement).