March 4th News On March 4th, the starting auction price for methanol from Yulin Yankuang was 1,970 yuan/ton, with a quantity of 4,000 tons. The entire volume was successfully traded at this price. The company’s Phase I 600,000-ton/year methanol plant and Phase II 800,000-ton/year coal-to-methanol plant are operating normally. Chempricehub Analysis of Methanol Bull-Bear Score: 1.5 The article indicates that the entire 4,000-ton volume of methanol from Yulin Yankuang was successfully traded at the starting auction price of 1,970 yuan/ton, reflecting strong spot market demand and high price acceptance, which is favorable for supporting spot prices. Meanwhile, the normal operation of the Phase I 600,000-ton/year and Phase II 800,000-ton/year plants ensures stable supply, but the smooth transaction suggests that demand is matching supply. Considering recent methanol futures data (such as the predominantly positive fluctuations in the main contract), this event may further drive up futures prices, with a short-term outlook leaning toward strength.