The Perm region ranked third among the Russian regions in terms of forest sales on the stock exchange by the end of 2018

On April 22-23, 2019, Perm hosted the next stage of the National forest forum-2019, dedicated to improving the efficiency of forest use in Russia.

The forum was attended by Alexey Ryzhikov, managing Director of the St. Petersburg international mercantile exchange (SPIMEX), who spoke at the plenary session, as well as at the forum “How much is the forest”, the press service of SPIMEX.

The representative of SPIMEX reported on the results of timber trading on the exchange as a whole: at the end of 2018, the volume of sales amounted to 1 388 thousand cubic meters, and as of mid-April 2019, this figure amounted to 1 810 thousand cubic meters. Today, enterprises of Krasnoyarsk region, Irkutsk region, Udmurt Republic, Perm region, Tomsk region and Nizhny Novgorod region take an active part in the forest exchange trading.

Timber trading on the stock exchange bases of the Perm region started in 2017. At the end of 2018, the Perm region ranks third among the Russian regions in terms of forest sales on the stock exchange. In 2018, the trading volume amounted to 141.3 thousand cubic meters, since the beginning of 2019 – 65.7 thousand cubic meters.

Exchange trading in other regions of the Volga federal district is also actively developing. Timber trading in the Udmurt Republic started in March 2018. The volume of timber trading in the Udmurt Republic in 2018 amounted to 85.9 thousand cubic meters, the volume of trading since the beginning of 2019 is 82.2 thousand cubic meters.

Alexey Ryzhikov spoke about the exchange’s initiatives aimed at increasing the liquidity of timber trade, the formation of representative price indicators.

“We are glad that after the successful start of timber trading in the territory of the region in 2017, Perm enterprises are among the leaders today, – said Alexey Ryzhikov. – Double growth of income of forestry enterprises, transparent trade procedures, legality, the possibility of control by the state – in the Perm region all these advantages of exchange trading are clearly demonstrated. The exchange is aimed at the development of success – growth of turnover, new tools, connection of new participants. This is fully facilitated by the National forest forum”.