Asphalt Weekly Monitor
14 Apr 2017
- Many industry participants attended an Asphalt Institute function in Austin, Texas this week.
- Many areas had stunted activity this week, due to Good Friday and Easter Sunday.
- East Coast retail asphalt and flux prices remain unchanged throughout the region.
- Some East Coast wholesale price assessments for asphalt weaken, with flux prices steady.
- Most Midwest retail prices were steady. A few ranges firmed in the Dakotas.
- Wholesale price ranges status quo this week for April material. Some flux ranges firm up.
- Gulf Coast retail asphalt and flux pricing is unchanged for the week.
- The wholesale asphalt range on the Gulf Coast is flat, with flux wholesale softening.
- Rocky Mountain wholesale prices hold at last week’s ranges—most retail areas unchanged.
- West Coast retail was flat, but Alaska range rises despite little activity. Flux is status quo.
- Western Canada selling and posted prices are steady from last week.
- The selling price assessment went lower for Montreal. MTQ held its first tender on April 11.
- Retail asphalt prices are status quo in Ontario this week.
- Oil prices rise–May WTI ends the week at $53.18/bbl–up $0.89. June WTI ends at $53.60.
- May West. Can. Select crude (WCS) rises near $44 FOB Alberta—less than $10 under WTI.
- June North Sea Brent oil firms 65 cents, to $55.89 a bbl by week’s end.