Asphalt Weekly Monitor

21 Sep 2018

• The aftermath of Hurricane Florence continues to affect the East Coast’s retail and wholesale asphalt markets, with many areas in the Carolinas having severe storm damage.
• East Coast retail asphalt and flux prices were mostly flat, with some isolated changes.
• East Coast asphalt and flux barge prices are unmoved, with demand sluggish this week.
• Midwest retail markets were mostly steady, except for a few locations slipping lower.
• Midwest wholesale price ranges were unchanged for paving cement and flux.
• Gulf Coast retail asphalt and flux pricing is steady for the week, with good demand noted.
• The Gulf Coast asphalt and flux barge ranges are static, with limited spot activity.
• Rockies retail markets were firmer in some spots, but steady elsewhere.
• No changes were noted for wholesale prices in the Rocky Mountain region.
• West Coast markets noted steady prices this week, but California remains tight on supply.   
• Western Canada asphalt posted and wholesale prices are unchanged. Most selling assessments are flat. Selling price assessments in British Columbia increased.
• Asphalt selling and posted prices are steadfast in both Quebec and Ontario this week.
• Crude oil prices climb higher, with WTI over $70 a barrel. Crude inventories are falling in the U.S.  Primary asphalt stocks are slow to decline, and well above this time last year.