Asphalt Weekly Monitor
02 Jan 2015
- Crude oil markets continue to drop this New Year Holiday week.
- East Coast retail asphalt/flux prices were slightly lower in many locations this week.
- Wholesale paving asphalt and flux prices slipped on the East Coast.
- Midwest wholesale barge and rail prices drop sharply for January.
- Some lower Midwest retail prices reported for January—others are yet to report.
- Gulf Coast retail asphalt assessments mostly steady—but a few ranges decline.
- The Gulf Coast area barge asphalt and flux ranges narrow or delcine.
- Rockies wholesale prices go lower for January—assessed range is widened.
- Rockies retail prices are unchanged, with markets quiet and few updates this week.
- West Coast was mostly quiet for the Holiday week.
- Western Canada wholesale prices go lower for January.
- Quebec asphalt selling prices are steady from last week and posted prices are status quo.
- Ontario asphalt selling and posted prices are flat for this week.
- February WTI crude drops $2.43, to $52.69 a bbl in another down week for crude oil.
- Western Can. Select (WCS) crude oil was off $2, nearing $37 FOB Alberta.
- Feb. Brent crude declines another $3, ending the week at $56.42 a barrel.
