Asphalt Weekly Monitor
22 July 2016
- East Coast retail asphalt price ranges steady or slightly narrower – flux prices status quo.
- Wholesale East Coast asphalt and flux ranges remain at previous levels this week.
- Midwest retail prices hold steady, except for a few spots. Demand is seasonal and strong.
- Some lower Midwest wholesale prices were noted, broadening selling ranges this week.
- Gulf Coast retail asphalt and flux pricing holds steady, with no assessed changes.
- Gulf Coast asphalt and flux barge assessments remain unchanged.
- Rocky Mountain wholesale prices remain steady for July product.
- West Coast retail markets were static, as were Hawaii and Alaska.
- Asphalt selling prices are steady across western Canada. Posted prices in BC increased.
- Retail/posted prices narrowed in Montreal. Price assessments are flat in Ontario.
- Oil prices skid $2-3 dollars this week. September WTI breaks $45, closing at $44.26 a bbl.
- September Brent crude ends week at $45.69 a bbl, down $1.92 a bbl for the week.
- Western Canadian WCS crude drops more than $2, to under $30 a bbl FOB Alberta.
- Blueknight to Acquire Ergon’s Asphalt Terminals – Ergon to Acquire Blueknight’s General Partner (see Industry News).
