On June 10, Yanzhou Mining Group's methanol auction results: Yulin Yanzhou Mining methanol opening bid price was 2,720 RMB/ton, with a volume of 3,000 tons, and all were transacted at 2,720-2,725 RMB/ton. The company's Phase I 600,000 tons/year methanol unit and Phase II 800,000 tons/year methanol project are both operating smoothly. Yanzhou Mining Guohong methanol was sold through competitive bidding, ultimately concluded at 3,020 RMB/ton ex-factory in cash, with the 640,000 tons/year coal-to-methanol plant running with dual furnaces.