On May 26, Yanzhou Coal Group's methanol auction results: Yanzhou Guohong methanol bidding sales, with partial transactions at a final factory-gate spot price of 2,990 RMB/ton. The 640,000-ton/year coal-to-methanol plant is operating with two furnaces. Yulin Yanzhou Coal's methanol starting bid price today is 2,650 RMB/ton, with a volume of 4,000 tons. Transaction results are pending follow-up. The company's Phase I 600,000-ton/year methanol plant is operating normally, while the Phase II 800,000-ton/year methanol plant is expected to resume normal operations soon; attention should be paid to specific implementation details.
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