Asphalt Weekly Monitor
3 Jul 2015
- Holidays slow paving in Canada for Canada Day and the US for Independence Day.
- East Coast retail asphalt ranges were steady or lower– flux modestly higher.
- East Coast wholesale asphalt prices flat for the week – flux prices slightly up.
- Midwest retail prices were status quo in most market areas going into July.
- Midwest wholesale prices rise for the start of July for both paving and flux products.
- Gulf Coast retail asphalt prices slip in some areas – flux prices go higher this week.
- Gulf Coast area barge asphalt and flux ranges increase for the week.
- Rocky Mountain retail prices mostly flat this week—only some wholesale prices rise for July.
- Southern California prices rise this week, other coastal areas unchanged.
- Hawaii prices head lower for start of July.
- Canada retail price assessments unchanged this holiday week.
- Oil prices drop on bearish developments–August WTI ends at $56.93 a bbl, off $2.70 a bbl.
- August Brent ended the week at $60.32 a bbl—down $2.94 a bbl.
- Canada’s WCS crude prices decline below $46 a bbl.—discount to WTI almost steady.
