Asphalt Weekly Monitor

20 Mar 2020

• East Coast rack activity is increasing, with some retail asphalt pricing lower – flux prices flat.    
• Asphalt barge prices are sharply lower on the East Coast, with flux barges status quo.    
• Midwest retail asphalt prices reduced in areas this week, as some suppliers adjust levels. 
• Midwest wholesale asphalt markets assessed slightly lower, awaiting April price negotiations and reports.  Flux markets were steady for remaining March supply.             
• Gulf Coast retail flux prices steady, with some areas having lower asphalt pricing.       
• Barge prices on the Gulf Coast for asphalt decline sharply, with flux price levels steadfast.
• Rocky Mountain retail prices were mostly steady, awaiting spring activity.  Wholesale price ranges are assessed modestly lower this week.  Some refineries are reducing runs.         
• West Coast markets eased lower in some areas for asphalt liquid.  Flux is unchanged.         
• Most western Canada retail prices were lower this week.  Alberta wholesale prices were also in a lower and wider range this week.
• Asphalt prices were unchanged in both Quebec and Ontario markets. 
• Oil prices plunged again, due to growing fears of slowing demand caused by COVID-19 virus pandemic and the dispute between Russia, Saudi Arabia/OPEC on production levels.