US price reaches 10-year high

Article by Lorenz Pfungen, translated by Susanne Höfler | 02.10.2017 - 10:36

US-$ 536/1000 bft was the price level that 2-by-4 free Great Lakes region yielded in calendar week 40. Compared to the previous week, the value gained US-$ 12/1000 bft and reached a new 10-year high, as data by indicate.

Due to this increase and a slightly strengthened US dollar (US-$ 1.1774/€), the price for European suppliers climbed to € 294/m³. With this, the price is only € 1.3/m³ short of the annual peak of € 295.3/m³.