Summary of Yankuang Group's Methanol Auction on January 7: Yankuang Guohong's methanol bidding concluded at 2,180 yuan/ton ex-factory cash payment, but the auction failed to secure a buyer. Yankuang Yulin's methanol auction started at 1,870 yuan/ton ex-factory cash payment for a quantity of 3,000 tons, with most of the volume sold at this price. PriceSeek's Analysis of Methanol, Bull-Bear Score: -1.5 Yankuang Guohong's methanol auction failing at 2,180 yuan/ton indicates weak demand at higher price levels. Yankuang Yulin's successful sale at 1,870 yuan/ton suggests the market is only accepting lower prices, which is bearish for spot prices and implies oversupply or insufficient demand. Combined with recent methanol futures data (e.g., the main contract 2605 closed at 2,293 yuan/ton, up 40 yuan on January 6), the auction prices are significantly lower than futures levels, potentially exerting downward pressure on futures prices and reinforcing the bearish trend. A score of -1.5 is assigned, as the event highlights short-term bearish factors but does not reach a significant level.