February 12th News On February 12th, Yankuang Guohong conducted a methanol bidding sale, with a portion of the transactions settled at 2,120 yuan/ton ex-factory cash payment. The 640,000 tons/year coal-to-methanol plant is currently operating with three furnaces. Chempricehub Analysis of Methanol Bull-Bear Score: -1.5 A portion of the bidding sales was settled at 2,120 yuan/ton ex-factory cash payment, significantly below the current mainstream price level, reflecting ample supply and weak demand in the spot market. The plant is operating with three furnaces, with an annual capacity of 640,000 tons, further reinforcing supply expectations and intensifying downward pressure on prices. Considering market dynamics, the oversupply situation may drive prices lower, exerting pressure on the bullish side, thus warranting a neutral-to-bearish score.