Untreated timber sales results at UEEX for October 9 - 13, 2023

On the Ukrainian Energy Exchange, untreated timber was sold by forestry companies from 6 regions of Ukraine. The largest volume was sold in the Zhytomyr region.

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

• the exhibited volume of untreated timber was 123.20 thousand cubic meters;
• 67.03 thousand cubic meters of untreated timber were sold;
• the cost of selling wood amounted to UAH 114.84 million (including VAT);
• the state received an additional income of UAH 1.52 million (including VAT) more than the initial value of untreated timber put up for auction.

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

Pines, spruces and hardwoods were sold the most, where the share of their sale in the overall structure was 70.40%, 14.30% and 6.49%, respectively. There was also sale of such species as soft-leaved, coniferous, 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 90%. Given that the auction step is 1%, the maximum number of steps was 90 for pine, 21 for oak, and 20 for linden.

The graph shows wood species and their maximum values.

Index of weighted average prices for timber, for the period 9 - 13 October

Index of weighted average prices for firewood, for the period 9 - 13 October