On June 9, Yankuang Group's methanol auction details: Yankuang Guohong conducted competitive bidding for methanol sales, with the final transaction price at ex-factory cash settlement of 3,025–3,030 RMB/ton. The 640,000 tons/year coal-to-methanol plant is operating with dual furnaces. Yulin Yankuang's methanol starting price was 2,720 RMB/ton, with a volume of 3,000 tons; transaction results are pending follow-up. The company's Phase I 600,000 tons/year methanol plant and Phase II 800,000 tons/year methanol project are both operating stably.
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