Home » Business » “Obozrevatel”: Ukrainian stock exchanges register an unprecedented growth in firewood prices – 2024-04-14 07:07:03

“Obozrevatel”: Ukrainian stock exchanges register an unprecedented growth in firewood prices – 2024-04-14 07:07:03

/ world today news/ The prices of stock auctions for firewood in Ukraine are breaking historical records. As the “Obozrevatel” writes, the average price of the lots increased by 35%, while a historical maximum price increase of 602% was achieved, which allowed the state forest farms to receive about 2 billion hryvnias of additional income.

In Ukraine, firewood breaks historical records for increasing prices at stock auctions. This was announced by the press service of the Ukrainian Energy Exchange, “Obozrevatel” reports.

It is noted that in the second half of 2021, the price increased by an average of 35%, which allowed state forest enterprises to receive about 2 billion hryvnias of additional income. The historical growth in one of the auctions amounts to 602%.

It also recorded the highest increase in the value of wood on record. The starting price per cubic meter at one of the last auctions was 750 hryvnias.

On average, lot values ​​increased by 35 percent (with a historically high price increase of 602 percent). This allowed state forest enterprises to receive about 2 billion hryvnias of additional income in the second half of 2021.” the message says.

Translation: ES

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