Untreated timber: market overview at UEEX for August 28 - September 1, 2023

On the Ukrainian Energy Exchange, untreated timber was sold by forestry companies from 8 regions of Ukraine. The largest volume was implemented in the Khmelnytskyi region.

The following results were achieved during the week at UEEX auctions in the direction of untreated timber:

• the exhibited volume of untreated timber amounted to 202.09 thousand cubic meters;
• 117.49 thousand cubic meters of untreated timber were sold;
• the value of the sale of wood amounted to UAH 212.59 million (including VAT);
• the state received an additional income of UAH 8.01 million (including VAT) more than the initial value of untreated timber put up for auction.

Last week, untreated timber was sold in Khmelnytskyi, Ternopil, Zhytomyr, Kyiv, Ivano-Frankivsk, Chernihiv, Chernivtsi and Kirovohrad regions.

Hardwoods, pines, and conifers are sold the most, where their sales share in the overall structure was 31.76%, 22.68%, and 20.99%, respectively. There was also the implementation of such species as soft-leaved, beech, hornbeam and others.

The graph below shows the structure of wood sales by the largest regions.

The maximum increase from the starting price was recorded at the level of 47%. Taking into account that the auction step is 1%, the maximum number of steps was for fir – 47, coniferous – 34, and beech – 31.

The graph shows wood species and their maximum values.

Index of weighted average prices for timber, for the period August 28 - September 1

Index of weighted average prices for firewood, for the period August 28 - September 1