2019
06/26
In May, sellers offered 255 842 m3, or almost three times more of raw timber on the electronic timber trading system (ETTS) than in April. Short-term contracts for sales of 60 266 m3 of raw timber were concluded, which was 2.8 times more than in April (21 600 m2). As demand and supply were increasing, buyers purchased 24 percent of offered production in May, similar to the previous months. 39 percent of published auctions did not take place, because the
2019
06/21
We hereby inform that the start time of the auction of the second half of 2019 for concluding of half-year contracts has been announced in the ETTS. The start of the auction is on 18 July 2019 at 12:00. The process of the auction: Registration of sellers is going on from 1 July 2019 12:00 to 10 July 2019 23:59 The initial deposit is paid from 2 July 2019 12:00 to 11 July 2019 23:59 Registrations are verified from 2 July 2019 12:00 to 12
2019
05/03
Please be informed that further information about the half year timber auction will be published on 20th May 2019. Timber Trading System Operator BALTPOOL UAB Tel. +370 5 2393159, +370 5 2393157
2019
05/02
Please be informed that according to the request by the timber seller - State Forest Company (VĮ Valstybinių miškų urėdija), the half year timber auction is cancelled until further notice. We will keep you informed of any further developments on the situation. Timber Trading System Operator BALTPOOL UAB Tel. +370 5 2393159, +370 5 2393157
2019
04/15
In March, the ETTS trade volumes grew 1.8 times compared to February. Transactions for the sale of 12,876 m3 of timber under short-term contracts were concluded in March. Over the past month, the State Enterprise State Forests Directorate offered twice as much timber as in February, but buyers purchased less than one half, i.e. 38% (34,285 m3) of the offered timber. The February trading scenario could also be observed in the first spring month, i.e. 50% of the announced auctions have not
2019
03/25
Please be informed that ETS and ETTS functions are fully restored
2019
03/25
 Please be informed that due to the malfunction of IT systems of the IT service provider, the electronic trading system is temporarily unavailable. Work to restore the system back to work is underway. We expect that the auction of the 26th March 2019 will take place in regular time. Regarding registration to the timber auctions, please contact us at +370 5 239 3163 or by email mediena@baltpool.eu We apologize for any inconvenience this may cause and will keep you informed
2019
03/21
Trade at timber auctions in February low due to high prices In February, transactions for the sale of 7,330 m3 of timber under short-term contracts were concluded via the ETTS, but, in the course of the month, buyers bought only 62% of the 14.353 m3 of timber offered by the State Enterprise State Forests Directorate. The passivity of buyers during timber auctions signals that the prices are too high for market participants. The trade is likely to become more active as soon
2019
03/13
Last year, export of industrial roundwood from Lithuania grew by 40%, especially to Scandinavia. Pulpwood produced in state forests demonstrated the highest price increase, i.e. by 56%. These timber products are not processed according to the original assignment of the assortment in Lithuania. Its demand was boosted last year by the pulp mills, which have recently started operating in Scandinavia, using pulpwood as their raw materials. The changes in the Lithuanian timber market last year were the same as in
2019
02/04
Following the needs of market participants, Baltpool, the Energy Exchange operator belonging to the EPSO-G group, will publish the Baltpool Timber Spot Lithuania price index starting from 4 February. The purpose of the Baltpool Timber Spot Lithuania price index is to objectively assess the market situation, to monitor changes in timber prices and trends. The value of the index will become a convenient tool suitable for bilateral contract pricing, company internal transaction pricing, and market research. “The Baltpool Wood Chips
2019
02/04
BALTPOOL starts publishing timber price index BALTPOOL UAB, which is elaborating on the expert evaluation of the timber market, started publishing the Baltpool Timber Spot Lithuania price index from 4 February 2019. The value of Lithuania’s first timber price index depends on the fluctuations in prices of the timber assortments included in the index. The Baltpool Timber Spot Lithuania index is intended to help market participants to objectively evaluate the current market situation and monitor changes and trends in the
2019
01/16
In December 2018, transactions for the sale of 17,366 m3 of timber under short-term contracts were concluded via the ETTS, which is a 6% increase compared to November. Over one month, the financial value of the transactions increased by 10% and amounted to EUR 717,153. In December, trade in TOP5 timber assortments accounted for 79% of the total timber sales, i.e. 13,733 m3, and compared to the figure recorded in November, this was a 30% increase. The weighted price of TOP5 timber
2018
12/23
Half-year auction On 4 December 2018, the half-year auction of the 1st half of 2019 organised by regional divisions of the State Enterprise State Forests Directorate was completed. Transactions for the sale of 676,500 m3 of timber were concluded during the auction, and the financial value of the transactions amounted to EUR 35,146,456. The amount of timber sold during this past auction increased by 20% (565,585 m3) compared to the half-year auction of the 2nd half of 2018 and by
2018
11/21
In October 2018, short-term contracts for sales of 15,580 m3 of timber were concluded at the ETTS, which is 44 percent less than in September. The financial value of contracts decreased twice during the month, to EUR 675,165. The trade in TOP5 timber assortments in October amounted to 58 percent of all timber sales, i.e. 8,958 m3. Compared to September, the volume of trade in TOP5 assortments dropped by 60 percent. The price of TOP5 assortments decreased by 9 percent, from 51.19 Eur/m3 in October to
2018
10/25
We hereby inform that the start time of the auction of the first half of 2019 for concluding of half-year contracts has been announced in the ETTS. The start of the auction is on 29 November 2018 at 12:00. The process of the auction: Registration of sellers is going on from 8 November 2018 12:00 to 15 November 2018 23:59 The initial deposit is paid from 8 November 2018 12:00 to 19 November 2018 23:59 Registrations are verified from 8
2018
10/17
In September 2018, transactions for the sale of 27,971 m3 of timber were concluded via the ETTS, which is a 61% increase compared to August. The financial value of the transactions increased by 1.5 times and totalled EUR 1,402,454. To present timber trade trends, BALTPOOL UAB identified TOP5 assortments traded via the ETTS. In the course of 2018, trade in these TOP5 assortments accounts for an average of 72% of the total amount under short-term transactions, and analysis of changes
2018
09/20
In August 2018, the intensity of trade in timber via the ETTS tripled compared to July. Transactions for the sale of 17,338 m3 of timber were concluded; this figure was 5,948 m3 in July. Over one month, the financial value of the transactions increased 3.5 times and amounted to EUR 894,462 (compared to EUR 257,534 recorded in July). One half of the transactions concluded via the ETTS in August accounted for the sale of sawlogs. Of these, 28% accounted for
2018
08/22
The 6 thousand m3 timber were sold at the ETTS short-term auctions in July 2018. The financial value of the contracts amounted to 257,53 thousand euro. The largest number of contracts was concluded for sales of sawlogs and timber harvesting waste. Their trade amounted to 37% (2.3 thousand m3) and 31% (1.8 thousand m3) of the total amount of contracts in July respectively. The change in the weighted price of timber sold under short-term contracts concluded at the ETTS in
2018
07/25
In June 2018, the regional divisions of the State Forestry Enterprise sold twice less of wood at 66 short-term auctions than during the last month. The trade volumes shrank to 23.0 thousand m3 of wood, and the financial value of contracts dropped from EUR 2,085.9 thousand to EUR 1,176.3 thousand. Half of timber sold was sawlogs, its sales volume amounted to 11.3 thousand m3. Within this category, sales by wood species distributed as follows: pine logs – 47%, spruce logs
2018
06/29
OVERVIEW OF LONG-TERM AND HALF-YEAR AUCTIONS The long-term and half-year auctions of the 2nd half of 2018 organised by regional divisions of the State Enterprise State Forests Directorate were completed on 29 May 2018. At the auctions, 586,430 m3 of timber was sold, of which 526,340 m3 accounted for round timber and 60,080 m3 accounted for timber harvesting residues. Regional divisions of the State Enterprise State Forests Directorate sold 99.42% of the planned amount (589,860 m3). Half-year auction of the