Asphalt Weekly Monitor
16 Feb 2018
- National Asphalt Paving Association’s Annual Meeting was well attended in San Diego.
- East Coast asphalt prices firm parts of the Southeast, but steady elsewhere. Flux is flat.
- East Coast wholesale asphalt prices were flat, but the arbitrage from Europe is open.
- Midwest retail assessed mostly flat and quiet. ND and KY were higher. Flux was steady.
- Wholesale asphalt prices vary considerably between suppliers, but were steady this week.
- Gulf Coast retail asphalt prices were unchanged in all but a few coastal Texas markets. Flux markets were steady.
- Gulf Coast wholesale asphalt and flux barge prices were steady on thin reported activity.
- Rockies retail markets were mostly inactive, with prices flat. Wholesale was unchanged.
- West Coast assessments increased for So. California paving and roofing flux.
- Western Canada asphalt selling and posted prices are flat. Alberta wholesale is steady.
- Retail selling and posted prices are steadfast across eastern Canada.
- Crude oil markets partly recovered from the previous week’s losses. Sweet crudes, West Texas Intermediate (WTI) and Brent were up $2-3, with WCS up $5/bbl.
- Andeavor to Acquire West Coast Asphalt Terminals of Delek US Holdings, Inc. (see Industry News)