Untreated timber sales results at UEEX for July 2023

On the Ukrainian Energy Exchange, untreated timber was sold by forestry companies from 8 regions of Ukraine. The largest volume was implemented in the Zhytomyr region.

The following results were achieved during the month at UEEX auctions in the direction of untreated timber:

• the exhibited volume of untreated timber amounted to 281.79 thousand cubic meters;
• 189.49 thousand cubic meters of untreated timber were sold;
• the value of the sale of wood amounted to UAH 358.82 million (including VAT);
• the state received an additional income of UAH 14.11 million (including VAT) more than the initial value of untreated timber put up for auction.

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

Pines, hardwoods, and spruces were sold the most, where their sales share in the overall structure was 51.3%, 13.6%, and 9%, respectively. There was also realization of such species as conifers, birch, 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 109%. Given that the auction step is 1%, the maximum number of steps was 109 for oak, 95 for beech, and 64 for pine.

The graph shows wood species and their maximum values.

Index of weighted average prices for timber, for July 2023

Index of weighted average prices for firewood, for July 2023

Comparison of exchangemarket indices of untreated timber prices with indices of the Polish E-drewno exchange: