In calendar week 19 alone, the price gained US-$22/1000 bft. This kind of increase is significant even for the dynamic US market. This rendered a new all-time high of US-$676/1000 bft (2-by-4 free Great Lakes region).
With an unchanged exchange rate of US-$1.19/€, European exporters currently receive just under €365/m³. Assuming freight charges of about €50/m³, the price level considerably exceeds €310/m³ ex German works.
US magazine Random Lengths considers reduced volumes from Canada and a strong construction demand the main reasons for the current price rally.
