On August 12, the starting auction price for methanol at Yankuang Yulin was 2,290 CNY/ton for a volume of 3,000 tons, with all lots ultimately transacted at 2,310–2,315 CNY/ton. The company's Phase I 600,000-ton/year methanol unit and Phase II 800,000-ton/year methanol project are both operating stably.
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