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Chempricehub Important Reminder: The high-price transaction of Yankuang methanol auction is beneficial to the market.
Published on 2026-01-03
December 30th News Summary of Yankuang Group Methanol Auction on December 30th: Yankuang Guohong's methanol auction concluded at a final transaction price of 2,140 yuan/ton ex-factory cash payment. For Yulin Yankuang, the starting bid was 1,800 yuan/ton ex-factory cash payment for a volume of 6,000 tons, with the final transaction price ranging from 1,840 to 1,845 yuan/ton, and the entire volume was successfully sold. Chempricehub's analysis of methanol, with a long-short rating of +1.5: The report indicates that the auction transaction prices for Yankuang Group's methanol (Yankuang Guohong at 2,140 yuan/ton and Yulin at 1,840–1,845 yuan/ton) exceeded the starting bids (e.g., Yulin's starting bid of 1,800 yuan/ton), and the full sale of 6,000 tons reflects strong spot market demand and active supply absorption, which is favorable for methanol spot prices. Combined with the latest methanol futures data (as of December 29, 2025), the closing price of the main contract 2605 was 2,161 yuan/ton, with a settlement price of 2,160 yuan/ton, trading volume of 836,921 lots, and open interest of 773,858 lots. The auction transaction prices are close to or slightly higher than the futures settlement price, indicating that the spot market is supporting an upward trend in futures prices. Strong demand may further drive futures contracts such as 2605 and 2606 (closing price of 2,165 yuan/ton) to continue rising. The rating is +1.5 (relatively strong positive), as the transaction prices exceeded expectations and the entire volume was sold, though this is not driven by a major event.