What is the asphalt price index?

What is the asphalt price index?

2022 State Indexes

State Jan Feb
California $404.70 $460.70
Colorado $436.23 $526.01
Connecticut $512.50 $522.50
Delaware $545.00 $566.67

How much does it cost to make a ton of asphalt?

Asphalt prices are $40 to $80 per ton on average or $0.75 to $2.00 per square foot. Asphalt materials for a 2-car (24’x24′) driveway cost $600 to $1,100….Asphalt prices.

Unit Price range
Per ton $40 – $80
Delivery per ton + $4 – $9
Per cubic yard $80 – $160
Per square foot (3” – 5” depth) $0.75 – $2.00

How does the asphalt index work?

How does the price adjustment work? A Monthly Asphalt Index price for liquid asphalt cement (AC) is established each month by using the published price in the Asphalt Weekly Monitor® (see Sec 109.15 for full details) on the Monday preceding the date of MoDOT’s normally scheduled monthly letting.

What is asphalt made of?

asphalt, black or brown petroleum-like material that has a consistency varying from viscous liquid to glassy solid. It is obtained either as a residue from the distillation of petroleum or from natural deposits. Asphalt consists of compounds of hydrogen and carbon with minor proportions of nitrogen, sulfur, and oxygen.

How do you calculate price adjustment for asphalt?

Divide the overall weight by 2000. The calculation provides the estimated weight of asphalt in tons. Multiply the total weight of asphalt by the current unit cost of asphalt to estimate the total asphalt price. The unit cost of asphalt varies depending on the price of oil which is between $85 and $150 per ton.

How much liquid asphalt is in a ton of asphalt?

Multiply the gallons of asphalt per pound by 2,000 to get the gallons of asphalt per ton. For example, if the particular liquid asphalt gives 8.085 gallons per pound, multiply 8.085 by 2,000 to get 16,170 gallons of asphalt per ton.

How many yards of asphalt are in a ton?

4. Calculating Yards to Tons of Asphalt. If you are looking to calculate the asphalt weight per yard, Willie’s Paving notes that 1 cubic yard of hot asphalt mix weighs 2.025 tons.

How many tons of asphalt are in a truck load?

Super Dumps are capable of hauling payloads from 19 to 26 tons, if you can properly distribute the loads to each axle. A typical tandem dump truck is limited to about a 13-ton payload in accordance with federal bridge law. Increased truck capacity is important when directly unloading into the asphalt paver.

How is asphalt sold?

Asphalt is usually sold by the tonne from companies specializing in construction, usually road construction and roof water-proofing. Our hot mix asphalt calculator will help you estimate how much of it you need, approximately.

What affects asphalt prices?

Market Factors Larger factors such as environmental regulations, construction activity and crude oil prices, as well as global and local/regional economies, also impact the pricing for asphalt.