On June 3, the starting auction price for methanol at Yulin Yankuang was 2,700 RMB/ton, with a volume of 2,000 tons, and all lots were ultimately transacted at prices ranging from 2,705 to 2,710 RMB/ton. The company's Phase I methanol unit (600,000 tons/year) and Phase II methanol project (800,000 tons/year) are both operating steadily.
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