With a currency exchange rate of € 1.19/m³, the softwood lumber price reached € 613/m³ (actual size) on April 9, which is a week-on-week increase of € 32/m³. This is according to Madison’s Lumber Reporter. Compared to the same period of last year, the price nearly tripled. At the time, 2-by-4 Western SPF cost € 210/m³.
When shipped to the Great Lakes region, softwood lumber cost € 560/m³ ex-German sawmill.