April 16th News: On April 16th, Inner Mongolia Xin'ao's methanol auction started at 2,630 yuan/ton, with a total volume of 5,000 tons, and all lots were sold at 2,650 yuan/ton. The plant's Phase I 600,000 tons/year unit and Phase II 600,000 tons/year methanol unit are operating normally. Chempricehub's analysis of methanol: Bull-Bear Score: 1.5. Inner Mongolia Xin'ao's methanol auction was fully sold at 2,650 yuan/ton, higher than the starting price of 2,630 yuan/ton, indicating strong demand and high market acceptance. The stable operation of the units ensures steady supply, which is favorable for spot prices. Combined with the methanol MA futures main contract 2605 closing at 3,155 yuan yesterday (down 3 yuan), today's spot price increase may boost sentiment in the futures market and push up the prices of near-term contracts.