On June 23, Yanzhou Mining Group methanol auction results: Yulin Yanzhou Mining methanol starting price at 2,420 CNY/ton, volume 5,000 tons, transaction status pending follow-up; Phase I 600,000-ton/year methanol plant and Phase II 800,000-ton/year methanol project are both operating smoothly. Yanzhou Mining Guohong methanol competitive sales concluded at a final price of 2,720 CNY/ton for ex-factory cash settlement, with the 640,000-ton/year coal-to-methanol plant running on three furnaces.