April 2018 Review of Timber Trading

2018 05 18

In April 2018, the regional offices of the State Forestry Enterprise sold 21 thousand m3 of timber, i.e. 9 percent more than in March, at 36 short-term auctions. The financial value of contracts was EUR 916.1 thousand.

The highest demand was for timber, 5.5 thousand m3 of it was sold, packing logs – 5.3 thousand m3, pulpwood – 4.8 thousand m3.

The weighted price of timber sold in April 2018 at the ETTS decreased by 10 percent compared to March 2018, i.e. from 49.20 euro/m3 to 44.26 euro/m3. Compared to April 2017, the weighted price of timber at the auctions was 11 percent lower, i.e. 39.35 euro/m3 last year.

Long-term auctions will be held on 24-29 May

Long-term and six-months auctions for the second half of 2018 will be held on 24-29 May. The sellers, the regional offices of the State Forestry Enterprise, plan to sell here 623 thousand m3 of round wood and 61 thousand m3 of timber harvesting waste.

04 2018 Timber trading review