Asphalt Weekly Monitor
29 July 2016
- East Coast retail asphalt and flux price are status quo for the week.
- Wholesale East Coast asphalt prices slip, with flux barge ranges stable this week.
- Some suppliers cut prices for Midwest retail locations. Some selling ranges are reduced.
- Midwest wholesale prices go lower, as suppliers cut asphalt prices on rising supply and lower crude oil prices. Paving demand remains strong in most areas.
- Gulf Coast retail asphalt and flux pricing is holding steady to close out July.
- Gulf Coast asphalt prices slip slightly this week, with flux barge assessments steadfast.
- Rocky Mountain wholesale prices were steady for remaining July asphalt sales.
- Rocky Mountain regional retail prices were mostly static for this last week of July.
- West Coast retail markets mostly hold steady, as do those in Hawaii and Alaska.
- Asphalt selling and posted prices are unchanged across western Canada.
- Retail/posted prices are steady in Quebec and Ontario. Montreal held a tender July 26.
- Oil prices fall another $2-3 this week. Sept WTI nears $40, ending at $41.60 off $2.66 a bbl.
- October Brent crude drops to $43.53 a bbl, down more than $2 for prompt month crude.
- Western Canadian WCS crude falls about $3, to under $27 a bbl FOB Alberta.
- Two Oil Spills Discovered in Western Canada (See Industry News).
