Asphalt Weekly Monitor

Seyma Tul

25 May 2018

East Coast retail asphalt prices mostly steady this last full week of May, but costs are rising.
Barge prices for asphalt continue to rise on the East Coast. Flux is steady
In the Midwest, retail assessments went higher, with supply concerns noted in areas.
Midwest barge/rail wholesale prices go higher, with demand strong.
Gulf Coast retail asphalt and flux prices were mostly steady this week.
The Gulf Coast asphalt barge range heads higher, with the flux barge range steady.
Rockies retail price assessments are increased in a number of locations.
West Coast asphalt markets were strong–concerns grow about available re-supply.
Western Canada selling, posted and wholesale prices are steadfast again this week.
Selling prices are unchanged across eastern Canada. Posted prices in Quebec are in a narrower range, while posted prices are flat in Ontario.
Crude oil prices sold off sharply on Friday, on reports that Russia and Saudi Arabia were considering raising oil output. Benchmark oil grades fell some $3-4 a barrel for the week.
Delek US Announces Closing of Sale of West Coast Asphalt Terminals (See Industry News)