Asphalt Weekly Monitor
20 Mar 2015
- East Coast retail asphalt prices move lower in many markets, with flux prices steady.
- Some wholesale asphalt prices narrow, with flux price ranges unchanged.
- Midwest wholesale prices and most retail prices hold steady for asphalt cement and flux.
- Gulf Coast retail assessments move down in some areas, with flux prices unmoved.
- Gulf Coast area barge asphalt and fulx ranges are steadfast this week.
- Rockies wholesale prices unchanged this week—only a few selling ranges slip lower.
- Some California assessments ease slightly lower, other areas are status quo this week.
- Western Canada remains quiet—wholesale is assessed status quo.
- Quebec and Ontario asphalt selling prices are assessed within previous weeks’ ranges.
- Oil prices firm slightly–April WTI crude ends the week at $45.72 a bbl—up $0.88 a bbl. May WTI closes at $46.57 a barrel.
- US data shows oil production/inventories hitting new highs despite fewer active oil rigs.
- May Western Can. Select (WCS) rises over $33 a bbl FOB Alberta–$13.35 under May WTI.
- May Brent crude ends the week firmer, closing at $55.32 a bbl.
- Lafarge SA and Holcim Ltd. Revise Merger Deal (See Industry News)
