Untreated timber: market overview at UEEX for May 08 - 12, 2023

On the Ukrainian Energy Exchange, untreated timber was sold by forestry companies from 8 regions of UkraineThe largest volume was sold in the Zhytomyr 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 118.3 thousand cubic meters;
• 80.03 thousand cubic meters of untreated timber were sold;
• the value of the sale of wood amounted to UAH 245.33 million (including VAT);
• the state received an additional income of UAH 19.41 million (including VAT) more than the initial value of untreated timber put up for auction.

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

Pines, oaks and spruces were sold the most, where the share of their sales in the total structure was 46%, 11.7% and 7.2%, respectively. There was also realization of such species as coniferous, hardwood, birch 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 102%. Taking into account that the step of the auction is 1%, the maximum number of steps was on the shore - 102, pine - 99, beech - 87.

The graph shows wood species and their maximum values.

Index of weighted average prices for timber, for the period May 8 - May 12

Index of weighted average prices for firewood, for the period May 8 - May 12