Asphalt Weekly Monitor
22 May 2015
- Paving work slows as the long US Memorial Day Holiday weekend arrives.
- East Coast retail asphalt selling ranges head lower in the Mid-Atlantic and Southeast.
- East Coast wholesale asphalt prices rise—roofing flux prices remain steady.
- Midwest retail asphalt prices ease lower in a few locations—most are unchanged.
- Midwest roofing flux prices were steady this week.
- Midwest wholesale barge selling ranges steady, but rail is adjusted slightly higher.
- Gulf Coast retail asphalt prices slip in some spots-steady elsewhere. Roofing flux is static.
- Gulf Coast area barge asphalt and flux prices are status quo, but VTB’s are long with some cokers out of service.
- Rocky Mountain markets were generally steady this week.
- West Coast retail prices ease slightly in parts of the Pacific Northwest—other areas steady.
- Western Canada wholesale is assessed status quo—assessed prices slip in Saskatchewan.
- Asphalt selling prices in Quebec and Ontario are flat.
- Oil prices eased this week–July WTI crude was $59.72 a bbl.
- July Brent ended the week at $65.37 a bbl, down $1.44 a bbl versus last week, and $5.65 above July WTI prices.
- July WCS crude slipped to ~ $50 a bbl FOB Alberta–$9.75 under WTI.
- US Federal Highway Trust Fund extended two months by House. Senate likely to follow.
