Asphalt Weekly Monitor
25 Nov 2016
- US paving activity winds down for the long Thanksgiving Holiday weekend.
- East Coast retail asphalt and flux pricing is status quo for the week.
- East Coast wholesale asphalt and flux price ranges remain unchanged, with little activity.
- Retail prices were static in the Midwest, as cold/wet conditions arrive in northern areas.
- Midwest wholesale asphalt and flux prices remain static for November supply.
- Gulf Coast retail asphalt and flux prices had no moves noted, with assessments flat.
- Gulf Coast wholesale asphalt and flux price assessments flat, with limited activity noted.
- Rockies wholesale prices hold flat for November supply—December reports are next week.
- Assessed prices are flat for Rocky Mountain locations. Activity is limited.
- West Coast markets also are status quo for the holiday week.
- Western Canada asphalt retail prices and Alberta wholesale are steady.
- Selling and posted prices in both Montreal and Toronto are steadfast.
- Crude prices climb early in the week, but then drop on Friday in thin trade. January WTI closes at $46.06, off $0.26 a barrel versus the previous Friday.
- January Brent crude closes at $47.24, up $0.38 a barrel for the week.
- January Western Canadian Select (WCS) slips modestly, to below $31 FOB Alberta.
