Asphalt Weekly Monitor
20 Sep 2019
- Oil prices surged higher early in the week on news of attacks on Saudi oil facilities, with limited effect on U.S. and Canada asphalt markets so far this week.
- East Coast retail asphalt prices held steady, with flux pricing unchanged.
- Wholesale asphalt and flux prices were assessed steady on the East Coast.
- Midwest retail markets held steady in the region. Flux was unchanged as well.
- Lower wholesale asphalt prices were reported for some Midwest barge sales. Rail was unchanged. Roofing flux was also static.
- Gulf Coast retail asphalt/flux prices were stable. Heavy rain limited work in coastal Texas.
- Gulf Coast asphalt and flux barge ranges are unchanged, with sales within the ranges.
- Rocky Mountain retail prices were status quo. Wholesale prices are assessed unchanged.
- Asphalt prices slipped in parts of the Pacific Northwest. Other West Coast areas were flat.
- Western Canada retail markets were steady, but wholesale prices widened and lowered.
- Quebec asphalt posted and selling prices went lower this week. Ontario markets were flat.
- Oil prices surged after the attacks on Abqaiq facility in Saudi Arabia, creating supply worries.