CE Ukrainian Energy Exchange held additional trades on the sale of untreated timber on 28 of January for the sale of untreated timber, logging in the first quarter of 2020 by Forestry Kyiv regional and Kyiv Forestry and Hunting Department.

Both coniferous and deciduous timber of various lengths and diameters were put up for sale. Oak and ash wood were the most popular.

In general, almost 11 thousand cubic meters of timber worth 14 mln UAH were sold at the electronic auctions.

On average, prices per cubic meter rose from 50 to 85 UAH during the bidding.

"We have started the bidding for 14 forest farms of Kyiv region and for Kyiv Forestry and Hunting Department relatively recently. However, successfully. Traditionally we organized only quarterly electronic bidding, and now we have conducted additional. Our cooperation with the foresters will continue in the future, so we invite all interested bidders to the next auction", - sums up UEEX CEO Oleksandr Kovalenko.