Untreated timber: market overview at UEEX for August 5 - 9, 2024

Forestry enterprises from 8 regions of Ukraine sold untreated timber at the Ukrainian Energy Exchange. The largest volume was sold in Zhytomyr region.

The following results were achieved during the week at the UEEX untreated timber auction:

• the exhibited volume of untreated timber amounted to 121.39 thousand cubic meters;
• 43.03 thousand cubic meters of untreated timber were sold;
• the cost of timber sales amounted to UAH 82.76 million (including VAT);
• the state received additional income during the English auction by UAH 290.23 thousand (including VAT) more than the initial value of untreated timber put up for auction.

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

Pine, hardwood and birch were the most popular species , with their sold share in the total structure amounting to 43.27%, 15.76% and 11.44%, respectively. We also sold such species as alder, oak, spruce, ash, hornbeam and others.

The graph below shows the structure of timber sales by major regions.

The maximum increase from the starting price was recorded at 12%. Given that the auction step is 1%, the maximum number of steps was 12 for pine, 6 for oak, and 2 for spruce.

The graph shows the types of wood and their maximum values.

Index of weighted average prices for timber, for the period August 5-9

The index of weighted average prices for firewood, for the period of August 5-9