Untreated timber: market overview at UEEX for September 02 - 06, 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 trades:

• the exhibited volume of untreated timber amounted to 522.51 thousand cubic meters;
• 390.84 thousand cubic meters of untreated timber were sold;
• the cost of timber sales amounted to UAH 795.18 million (including VAT);
• the state received additional revenue during the English auction by UAH 72.08 million (including VAT) more than the initial value of untreated timber put up for auction.

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

Pine, spruce, and birch were the most popular species sold, with their share in the total structure amounting to 80.36%, 7.74%, and 2.46%, respectively. We also sold such species as hardwood, oak, aspen, alder, beech and others.

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

The maximum increase from the starting price was recorded at 84%. Given that the auction step is 1%, the maximum number of steps was 84 for ash, 70 for fir, and 67 for pine.

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

The index of weighted average prices for timber, for the period 02 - 06 September

The index of weighted average prices for firewood, for the period of September 02 - 06