Asphalt Weekly Monitor
12 August 2022
- Retail asphalt price assessments decline sharply in some East Coast areas, with flux retail prices flat.
- East Coast asphalt and flux barge pricing declined notably again this week.
- Midwest wholesale asphalt and flux prices were steady this week, following recent reductions.
- Midwest rack selling prices were unchanged in most areas, with selling ranges flat.
- Gulf Coast asphalt and flux retail prices assessed unchanged across the region this week.
- Asphalt and flux barge price assessments declined again this week on the Gulf Coast.
- Rocky Mountain rack selling prices were static this week, following recent reductions there.
- Rockies wholesale asphalt prices were at previous week levels for August supply.
- In West Coast, Pacific Northwest locations were flat, while California markets had price changes.
- In western Canada, both retail and wholesale markets were unchanged this week.
- In eastern Canada, Quebec markets had lower posted prices. Ontario markets were flat.
- Oil prices were up this week for all benchmark grades, by more than $3 a barrel.
- BP agrees to sell its 50% stake in Toledo, Ohio refinery to Cenovus, its JV partner there.