The SFPI was 99.80 Dollars/odmt in the third quarter, up 1.51 Dollar/odmt from the previous quarter and 6.68/odmt from the same quarter in 2009. Prices did not go up only because of a weakening US Dollar against most other currencies, but also because prices in the local currencies were up in Europe, Western US and Western Canada, Wood Resource Quarterly reports.Global hardwood fiber prices also trended upward, both in local currencies and Dollar terms in most regions. The biggest increases occurred in Europe, where prices were up between five and ten percent from the previous quarter. In Finland, France, Germany and Spain, hardwood pulplog prices were up in the local currency because of higher demand from the pulp industry, which was running at higher operating rates this fall.Over the past two years, wood fiber costs for the global pulp industry have grown faster than other production costs, including energy, chemical and labor costs, according to data compiled by Fisher International. In the second quarter of 2010 wood fiber costs accounted for 59 percent of the total variable production costs as compared to 55 percent in the same quarter of 2008. Wood fiber costs continue to be the most volatile cost component for pulp manufacturers worldwide.