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Chempricehub Alert: Analysis of Yankuang Methanol Auction Transaction Prices
Published on 2026-01-16
January 16th News: On January 16th, the methanol auction situation of Yankuang Group: Yankuang Guohong methanol was sold through bidding, with a final transaction price of 2,150 yuan/ton ex-factory cash payment; Yulin Yankuang methanol had a starting bid of 1,850 yuan/ton ex-factory cash payment, with a quantity of 2,000 tons, and part of the quantity was transacted at this price. Chempricehub's analysis of methanol, with a bullish-bearish score of 1: The article reports that Yankuang Guohong methanol was transacted at 2,150 yuan/ton ex-factory cash payment, and Yulin Yankuang methanol had part of its quantity transacted at a starting bid of 1,850 yuan/ton. This indicates that spot demand for methanol has strong support at the 2,150 yuan/ton price level, which is favorable for the upward movement of spot prices; however, the partial low-price transactions in Yulin reflect ample local supply or differentiated demand, making the overall outlook neutral to slightly bullish. Combined with the latest closing price of the methanol futures main contract 2605 (Zhengzhou Commodity Exchange) at 2,273 yuan/ton, a settlement price of 2,284 yuan/ton, and an increase in open interest by 5,592 lots, this news may boost confidence in the futures market, as high-price transactions reinforce demand expectations and support further increases in futures prices.