Asphalt Weekly Monitor
23 Jan 2015
- Crude oil prices once again moved lower in US and international markets.
- Many East Coast retail asphalt and flux prices declined this week.
- Wholesale asphalt prices were mixed this week, in wider or lower ranges – flux barge is flat.
- Midwest wholesale barge and rail price assessments were steady.
- Retail price assessments declined in many areas, as some suppliers dropped prices
- Some Gulf Coast retail asphalt assessments slipped this week, with flux holding steady.
- The Gulf Coast area barge asphalt and flux range declined.
- Rockies wholesale prices go to a lower range this week, given some mid-month reductions.
- Rockies retail prices mostly steady—some locations assessed lower.
- West Coast retail markets show more weakness in a number of locations.
- Western Canada markets remain quiet – wholesale material is assessed in a wider range.
- Quebec asphalt selling and posted prices are status quo for this week.
- Ontario asphalt posed prices are unchanged, with selling prices flat for the week.
- March WTI crude oil slumps again, and ends the week at $45.59 a bbl—off $3.54 this week.
- March Western Can. Select (WCS) crude drops to $13.65 under WTI– ~$32 FOB Alberta.
- March Brent crude ends the week at $48.79 a bbl—down $1.38.
