Untreated timber sales results at UEEX for June 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 month at the UEEX’s untreated timber auction:

• the volume of untreated timber exhibited amounted to 1,466.41 thousand cubic meters;
• 585.45 thousand cubic meters of untreated timber were sold;
• the cost of timber sales amounted to UAH 1.46 billion (including VAT);
• the state received additional income during the English auction by UAH 30.94 million (including VAT) more than the initial value of untreated timber put up for auction.

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

Pine, spruce and oak were sold the most, with their share in the total structure amounting to 59.18%, 13.54% and 6.82%, respectively. We also sold such species as coniferous, hardwood, birch, beech, alder, and others.

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

The maximum increase from the starting price was recorded at 66%. Given that the auction step is 1%, the maximum number of steps was 66 for pine, 65 for oak, and 62 for spruce.

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

Weighted average price index for timber, for June 2024

Weighted average price index for firewood, for June 2024

Comparison of stock price indices for unprocessed wood with indices of the Polish exchange E-drewno.