Untreated timber: market overview at UEEX for September 25 - 29, 2023

On the Ukrainian Energy Exchange, untreated timber was sold by forestry companies from 10 regions of Ukraine. The largest volume was sold in Kyiv 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 179.51 thousand cubic meters;
• 6.97 thousand cubic meters of untreated timber were sold;
• the cost of selling wood amounted to UAH 17.99 million (including VAT);
• the state received an additional income of UAH 15.05 thousand (including VAT) more than the initial value of untreated timber put up for auction.

Last week, untreated timber was sold in Kyiv, Chernivtsi, Zhytomyr, Khmelnytskyi, Poltava, Volyn, Lviv, Chernihiv and other regions.

Pines, alders, and birches were sold the most, where the share of their sales in the overall structure was 30.44%, 20.17%, and 19.48%, respectively. There was also sale of such species as spruce, beech, oak 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 8%. Taking into account that the auction step is 1%, the maximum number of steps was 8 according the birch and 1 according the oak.

Index of weighted average prices for timber, for the period September 25 - 29

Index of weighted average prices for firewood, for the period September 25 - 29