Untreated timber: market overview at UEEX for September 4 - 8, 2023

Forest farms from more than 12 regions of Ukraine sold untreated timber at UEEX. The largest amount was sold at Chernivetskyi region.

The following results were achieved during the week at the UEEX trades in the direction of untreated timber:

• the volume of offered untreated timber amounted to 137,92 thousand cubic meters;
• 78,30 thousand cubic meters of untreated timber were sold;
• the value of timber sales amounted to UAH 407,78 million (including VAT);
• the state received additional income by UAH 11,22 million (including VAT) more than the initial value of untreated timber put up for auction.

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

The most popular species sold were oak, pine and spruce, with their share in the total structure amounting to 26,43%, 21,18% and 13,41%, respectively. Softwood, beech, birch and other species were also sold.

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

The maximum increase from the starting price was 78%. Given that the auction step is 1%, the maximum number of steps was 78 for fir, 47 for oak, and 35 for beech.

The graph shows the wood species and their maximum values.

Index of weighted average prices for timber, for the period of September 04 - 08

The index of weighted average prices for firewood, for the period of September 04 - 08