Asphalt Weekly Monitor

27 Mar 2020

• East Coast retail asphalt pricing eased in some areas, with flux prices unchanged.    
• Asphalt barge prices are sharply lower again on the East Coast, with flux barges stable.    
• Midwest retail asphalt price assessments slip lower in a number of locations following more supplier price reductions.  Flux markets assessed steady, awaiting April price level reports. 
• Midwest wholesale asphalt markets fall much lower, as lower-priced deals are reported. Flux markets were unchanged for remaining March supply, with April not yet reported.             
• Gulf Coast retail asphalt pricing is lower in some areas, with flux prices steadfast this week.       
• Barge prices on the Gulf Coast for asphalt in a narrower band – flux barge prices steady.
• Rocky Mountain retail prices slip in a few spots. Activity is limited.
• Rockies wholesale price ranges decline on lower reported prices.  Some refineries cut runs.         
• West Coast markets eased in some Pacific Northwest spots.  Flux is steady.         
• Most western Canada retail prices were lower, with Alberta wholesale prices also slipping.
• Most Provinces in eastern Canada shut-down roadwork, due toCOVID-19.  Asphalt prices were flat in both Quebec and Ontario markets. 
• Oil prices declined again, due to slowing oil demand, mostly caused by the growing spread of COVID-19 pandemic, and oil production increases by Saudi Arabia/OPEC and Russia.