Untreated timber sales results at UEEX for May 2024

Forestry enterprises from 8 regions of Ukraine sold untreated timber at the Ukrainian Energy Exchange. The largest volume was sold in Volyn region.

During the month, the following results were achieved at the UEEX auctions in the untreated timber segment:

• exhibited volume of untreated timber amounted to 1439,72 thousand cubic meters;
• 479,20 thousand cubic meters of untreated timber were sold;
• the cost of timber sales amounted to UAH 941,09 million (including VAT);
• the state received additional income during the English auction by UAH 6,32 million (including VAT) more than the initial value of untreated timber put up for auction.

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

Pine, alder and spruce were the most popular species sold, with their share in the total structure amounting to 53,90%, 8,49% and 7,49%, respectively. The Group also sold such species as hardwood, birch, coniferous, softwood, oak and others.

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

The maximum increase from the starting price was recorded at 56%. Given that the auction step is 1%, the maximum number of steps was 56 for fir, 54 for larch, and 53 for linden.

The graph shows the wood species and their maximum values.

Weighted average price index for timber, as of May 2024

Weighted average price index for firewood, as of May 2024

Comparison of stock market indices of prices for raw wood with indices of the Polish stock exchange E-drewno.