June 2018 Review of Timber Trading

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 – 31%, and birch logs – 12%.

Sales of firewood, packing logs, wood panels and pulpwood each amounted to 10-13 percent of the total volume of timber sold. Sales of timber harvesting residues amounted to 5% of the total turnover.