Untreated timber: market overview at UEEX for September 16 - 20, 2024

Forestry enterprises from 7 regions of Ukraine sold untreated timber at the Ukrainian Energy Exchange. The largest volume was sold in Volyn region.

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

• the exhibited volume of untreated timber amounted to 21.75 thousand cubic meters;
• 10.18 thousand cubic meters of untreated timber were sold;
• the cost of timber sales amounted to UAH 29.54 million (including VAT);
• the state received additional income during the English auction by UAH 686.53 thousand (including VAT) more than the initial value of untreated timber put up for auction.

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

Pine, oak, and aspen were the most commonly sold species, with their share in the total structure amounting to 22.41%, 15.89%, and 15.87%, respectively. We also sold such species as spruce, alder, conifers, beech, birch and others.

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

The maximum increase from the starting price was recorded at 42%. Given that the auction step is 1%, the maximum number of steps was 42 for pine, 22 for birch, and 15 for spruce.

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

Index of weighted average prices for timber, for the period September 16-20

The index of weighted average prices for firewood, for the period September 16-20