Untreated timber sales results at UEEX for May 6 - 10, 2024

Forestry enterprises from 6 regions of Ukraine sold untreated timber at the Ukrainian Energy Exchange. The largest volume was sold in Volyn region.

The following results were achieved during the week at the UEEX untreated timber auction:

• the exhibited volume of untreated timber amounted to 247.60 thousand cubic meters;
• 58.62 thousand cubic meters of untreated timber were sold;
• the cost of timber sales amounted to UAH 102.02 million (including VAT);
• the state received additional income during the English auction by UAH 531.42 thousand (including VAT) more than the initial value of untreated timber put up for auction.

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

Pine, spruce, and oak were the most popular sold species, with their share in the total structure amounting to 74.10%, 7.28%, and 6.11%, respectively. The Group also sold aspen, birch, hardwood, alder and other species.

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

The maximum increase from the starting price was recorded at 33%. Given that the auction step is 1%, the maximum number of steps was 33 for pine, 22 for oak, and 14 for acacia.

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

Weighted average price index for timber, for the period May 6 - 10

The index of weighted average prices for firewood, for the period May 6 - 10