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LLC Ukrainian Energy Exchange

01030, Ukraine, Kyiv, Bohdana Khmelnytskoho 17/52 st., (BC "Leonardo"), 4-th floor – customer service office
01001, Ukraine, Kyiv, Khreschatyk, 44 st., 4-th floor – legal address

Contact-center: +38 (044) 35-35-735
Untreated Timber: +38 (044) 35-77-537
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Bilateral contracts market Indexes – IPS of Ukraine, BASE
Decadal
DEC 2 – 11/26: 8 170,9 UAH/MWh
DEC 1 – 11/26: 5 286,2 UAH/MWh
Monthly
M11/26: 7 000,0 UAH/MWh
M10/26: 6 086,5 UAH/MWh
M9/26: 5 376,9 UAH/MWh

Detailed

UEEX – electric energy
Weighted prices for 15.11.2026
IPS of Ukraine
base load6 972,21 UAH/MW.h
block position (07:00-23:00)5 317,64 UAH/MW.h
block position (23:00-07:00)4 095,29 UAH/MW.h
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UEEX – natural gas
Bid results (natural gas)(UAH)
UGS prepayment
resource December 2026:
20 833,5011.11
GTS afterpayment
resource December 2026:
21 940,91/-0,32%13.11
UGS prepayment
resource November 2026:
20 833,5010.11
UGS prepayment
resource December 2026:
20 833,5011.11
GTS afterpayment
resource December 2026:
21 940,91/-0,32%13.11
UGS prepayment
resource November 2026:
20 833,5010.11
UGS prepayment
resource December 2026:
20 833,5011.11
GTS afterpayment
resource December 2026:
21 940,91/-0,32%13.11
Weighted average price on 13.11.2026(UAH)
resource December 2026:21 992,95
resource November 2026:19 932,50

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04.11.2026, 09:03

Untreated timber: market overview at UEEX for October 26 – 30, 2026

Over the past week, auctions for untreated timber on the Ukrainian Energy Exchange showed the following results:

  • the volume offered amounted to 69.02 thousand cubic meters;
  • 18.35 thousand cubic meters of timber were sold;
  • the value of timber sales totaled UAH 77.57 million (including VAT);
  • sellers generated additional revenue through English-style auctions, amounting to UAH 1.66 million (including VAT).

Untreated timber was sold by forestry enterprises from 6 regions of Ukraine. The largest volume was sold in the Zhytomyr region.

Sales volume and total sales value by regions

The breakdown of untreated timber sales was as follows: 92.02% – round timber, 7.98% – firewood.

Structure of untreated timber sales by assortment, cubic meters

Round timber

During the reporting period, 16.89 thousand cubic meters of round timber were sold for a total amount of UAH 73.78 million (including VAT).

Pine, alder, and spruce accounted for the largest share of sales, representing 84.81%, 2.89%, and 2.29% of the total structure, respectively. There was also the sale of species such as birch, ash, oak, beech, fir, hornbeam, and others.

Sold volume and total cost of round timber sales by species

Given that the auction increment is 1%, the highest average figure was for alder – 36, followed by birch – 7, and hornbeam – 3.

Average increase from starting price at untreated timber auctions

Firewood

During the reporting period, the volume of sales of firewood amounted to 1.47 thousand cubic meters for the amount of 3.78 million UAH (including VAT).

The vast majority of firewood (>93%) was sold for industrial use.

Structure of firewood sales, cubic meters

Among firewood, coniferous wood was in highest demand, accounting for 61.93% of the total volume.

The chart below shows the sales structure for groups of firewood timber species.

Structure of sold firewood by species group, cubic meters

In the structure of non-industrial firewood sales, the second and third groups consist exclusively of coniferous species. In the industrial use segment, all three types of tree species are represented: conifers predominate, followed by hardwoods, while softwoods account for the smallest share.

Structure of firewood sales by assortment and species group, cubic meters

Price indices

The largest decrease in value was recorded for oak, the price of which currently stands at 22,400.09 UAH/cu. m (including VAT). Conversely, beech led the growth among all indices, with a price of 5,469.45 UAH/cu. m (including VAT).

Index of weighted average timber prices, for October 26–30, 2026

SpeciesUAH/cubic m (incl. VAT)
Silver birch7 149,87
Forest beech5 469,45
Black alder6 903,14
Common oak22 400,09
Common pine4 269,72
European spruce4 490,84
White fir4 385,39
Common ash8 748,48

The price index for industrial-use firewood increased, reaching 2,705.41 UAH/cubic m (including VAT).

Among all types of firewood for non-industrial use, the price for wood in the third group saw the largest decrease, now standing at 604.24 UAH/cu. m (including VAT).

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Weekly index for birch
Weekly index for beech
Weekly index for alder
Weekly index for oak
Weekly index for pine
Weekly index for spruce
Weekly index for fir
Weekly index for ash
Price index for firewood