For the exchange trading by the direction of "untreated timber" are already accredited 465 market participants
As of July 28, 2021, in order to participate trades at the LLC Ukrainian Energy Exchange by the direction of “untreated timber”, 319 participants-buyers were accredited. Accreditation of forestry companies that plan to sell their raw materials at the exchange actively continues. Kyiv, Vinnytsia, Zhytomyr, Rivne, Khmelnytskyi, Poltava, Cherkasy, Chernivtsi and Chernihiv regions are already have more than ten accredited forestries. Acceptation of applications from enterprises of other regions is actively continues, in particular Ivano-Frankivsk, Kirovohrad, Lviv, Sumy, Ternopil, Kherson Dnipropetrovsk regions. As of today, 146 enterprises have already been accredited.
We remind you that the rules for the organization of trading have been changed, in connection with the entry into force of the new legislation. It provided that all participants must be accredited - to obtain the status of non-permanent member of the exchange, in accordance with the requirements of the Regulations, by entering into lease agreement of the exchange place with a permanent member of the commodity exchange. After that, the organizers will be able to put lots up for sale, and buyers will be able to apply for the auctions participation.
"We invite market participants to pass accreditation for the untreated timber auctions. This stage will significantly save time for both, sellers to organize auctions and buyers who have expressed a desire to apply to the auction. Experienced specialists of Ukrainian Energy Exchange will provide qualified support at all stages of the preparation to the auction - convinced the Deputy CEO of LLC UEEX Konstantin Shevchuk. - A large number of participants is a guarantee of competitive market prices and high liquidity".
We do recommend to all market participant to be subscribed on Viber and Telegram channels, in order to receive announcements of auctions as soon as they appear, as well as news about the market of untreated timber.
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Artem Shcherbak
Press service,
UEEX

