Have you ever wondered why the price of asphalt pavement seems to fluctuate? Well, it is because the Cost of Asphalt is dictated by what is known as the Asphalt Index. Each and every month, the Maryland Asphalt Association – an association dedicated to ensuring that Hot Mix Asphalt paving is the most cost-effective, high quality paving available – determines the Maryland asphalt index. For the month of May, the index is set at $558.75 / Short Ton.
Click Here for the most up to date asphalt index.
The indexed price will stay the same until the end of each month. Then is it subject to change based on the current price of liquid asphalt. It is this fluctuation that affects the price of asphalt for contractors and thus the price of your asphalt projects.
PTG Enterprises, Your Maryland Asphalt Contractor
PTG Enterprises has been in the asphalt paving business for more than a decade. In this time, we have come to a realization; it is easier to work with an educated client. This is why we take the time to publish blogs, like this one, to help you better understand our industry. When working with an educated property manager or business owner the entire process runs smoother. The client understands the scope of work, the timeframe, and the reasoning behind the price of the project.
So do yourself a favor the next time you have an asphalt paving project. Call PTG Enterprises, the asphalt contractor that cares about you, the customer.
If you have any further questions about our blog, “The Cost of Asphalt & How it Ties into the Maryland Asphalt Index,” please contact PTG Enterprises aka My Pavement Guy today by calling 410-636-8777, or click here today! You can check us out on Facebook and Twitter as well!
