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Chempricehub Important Reminder: Yulin Methanol Auction Transaction Price Rises
Published on 2026-04-08

April 8th News: On April 8th, the starting auction price for Yulin Yankuang methanol was 2,560 yuan/ton, with a quantity of 3,000 tons. The entire lot was ultimately sold at 2,615 yuan/ton. The company's Phase I 600,000 tons/year methanol plant and Phase II 800,000 tons/year coal-to-methanol plant are operating normally. Chempricehub analysis of methanol, long-short score: 1.5. The article indicates that the Yulin Yankuang methanol auction was fully settled at 2,615 yuan/ton, higher than the starting price of 2,560 yuan/ton, representing an increase of approximately 2.15%. This suggests strong market demand. Although spot supply remains stable (with the plant's annual capacity of 1.4 million tons operating normally), the rise in the settlement price directly supports spot prices and may drive a short-term upward price trend. Considering the latest methanol futures contract market conditions, the auction results have strengthened market bullish sentiment, boosting expectations for futures prices and benefiting the futures market. Scoring rationale: The active auction settlement reflects improved demand but is not an extreme event, hence a score of 1.5 (between a general positive and a major positive).

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