Welcome to Chempricehub

 
Home > Category > News > 
Chempricehub Key Alert: Analysis of Yankuang Methanol Auction's Unsuccessful Bidding and Low-Price Transactions
Published on 2026-01-07
January 07 News Summary of Yankuang Group's Methanol Auction on January 7: Yankuang Guohong's methanol bidding for sales concluded at 2,180 yuan/ton ex-factory cash payment, resulting in no sale; Yulin Yankuang's methanol auction started at 1,870 yuan/ton ex-factory cash payment, with a quantity of 3,000 tons, and most of the volume was ultimately traded at this price. Chempricehub's analysis of methanol, with a bullish-bearish score: -1.5. Yankuang Guohong's methanol bidding at 2,180 yuan/ton resulted in no sale, indicating weak demand at higher prices; Yulin Yankuang's transaction at 1,870 yuan/ton suggests the market only accepts 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 price is significantly lower than the futures level, potentially exerting downward pressure on futures prices and reinforcing a bearish trend. The score of -1.5 is assigned because the event highlights short-term bearish factors but does not reach a significant level.