Forestry earn more than UAH 668,4 mln. in May at UEEX

UEEX LLC successfully conducts trades on untreated timber direction. In particular, companies from 11 regions of Ukraine took part in the auctions in May. The winners were 600 companies.

In total, 247,9 thousand cubic meters of untreated timber were sold for the total amount UAH 668,4 mln. It should be mentioned, that auctions generated additional income of the forestry of UAH 83,6 mln.

Forestry of Zhytomyr, Kyiv, Ivano-Frankivsk, Khmelnytsky and Volyn regions sold the most of untreated timber.

Such species as common pine, European spruce, coniferous wood species of timber were in market demand. In interest it is 49,6%, 10,9% and 7,7% respectively.

“Exchange is in operation. Auctions are hold in usual schedule. In total, from the beginning of 2022 at the auctions of Ukrainian Energy Exchange 1,12 mln. cubic meters of untreated timber were sold, for the total amount more than UAH 3,8 mln. Additional income of the state was almost UAH 490 mln. Decision of SFRAU on full transition to market resource sales instruments is correct and have the results already”, – CEO Deputy Konstiantyn Shevchuk mentioned.