State Enterprise “Forests of Ukraine” opens data on 6.3 million cubic meters of timber: forward and quarterly auctions to begin

Detailed information on the forest products that Forests of Ukraine will offer to wood processors, households, social institutions, and the Armed Forces of Ukraine in the second half of the year is now publicly available on the company’s website.

As known, at the beginning of each year, Forests of Ukraine publishes its assortment plan and the assortment structure of forest products scheduled for sale.

From now on, the information will become even more detailed. We are additionally publishing harvesting and sales plans broken down by quarterly and forward auctions, as well as by volumes and quality classes of forest products.

Our goal is to increase predictability and balance in the timber market, stabilize prices, and improve contract fulfillment rates among wood-processing companies.

Overall, in the second half of the year, Forests of Ukraine plans to offer consumers nearly 6.3 million m³ of forest products.

More than 1.7 million m³ have been reserved for households, the social sector, and defense needs. These products will be supplied either at social prices or free of charge for the Armed Forces of Ukraine.

Nearly 4.6 million m³ of forest products are planned to be offered through quarterly and semi-annual auctions. This volume will be distributed almost equally between the Q3 and Q4 auctions and forward semi-annual auctions.

Forward contracts for the second half of the year will begin on Monday, May 18, while the auction session for Q3 resources will start on Tuesday, May 19.

The auction schedule is available here.