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Chempricehub Alert: The auction transaction price of Yankuang methanol is on the lower side.
Published on 2026-01-09
January 9th News: On January 9th, the methanol auction situation of Yankuang Group: Yankuang Guohong methanol was sold through competitive bidding, with a final transaction price of 2,135 yuan/ton ex-factory cash payment; Yulin Yankuang methanol had a starting bid of 1,840 yuan/ton ex-factory cash payment, with a quantity of 3,000 tons, and all were ultimately sold at 1,855 yuan/ton. Chempricehub analysis of methanol, long-short rating: -1. Yankuang Guohong methanol traded at 2,135 yuan/ton, and Yulin Yankuang methanol traded at 1,855 yuan/ton, both below the settlement price of 2,243 yuan/ton for the Zhengzhou Commodity Exchange methanol MA2605 contract on January 8, 2026, indicating weak spot market demand and increased supply pressure, exerting downward pressure on spot prices. Combined with futures data, the MA2605 contract fell by 37 yuan to 2,243 yuan/ton the previous day, and the low auction transaction prices may reinforce market bearish sentiment, dragging futures prices further down.