Methanol Auction Results of Yankuang Group on January 12:
Yulin Yankuang methanol had a starting bid of 1,840 RMB/ton ex-factory cash payment, with a volume of 5,000 tons. The final transaction price was 1,855–1,860 RMB/ton, and all units were sold. Yankuang Guohong methanol was sold through competitive bidding, with a final transaction price of 2,155 RMB/ton ex-factory cash payment. The 640,000-ton/year coal-to-methanol plant is currently operating with three furnaces.
PriceSeek Analysis on Methanol:
Bull-Bear Score: 1.5
The auction transaction prices for methanol exceeded the starting bids, indicating strong demand. Yulin Yankuang methanol started at 1,840 RMB/ton and was fully sold at 1,855–1,860 RMB/ton for 5,000 tons, representing a premium of 15–20 RMB/ton. Yankuang Guohong methanol was sold at 2,155 RMB/ton, with the 640,000-ton/year plant operating normally. This reflects active market purchasing interest, stable supply, and robust demand, which significantly supports spot methanol prices and may drive short-term price increases.