April 13th News
On April 13th, the methanol auction situation of Yankuang Group: Yankuang Guohong methanol bidding sales, the final transaction price was 3050 yuan/ton ex-factory cash settlement, with the 640,000 tons/year coal-to-methanol plant operating with three furnaces. Yulin Yankuang methanol starting price was 2600 yuan/ton, quantity 3000 tons, and the final transaction price was 2645-2650 yuan/ton for all lots; the company's Phase I 600,000 tons/year methanol plant + Phase II 800,000 tons/year coal-to-methanol plant are operating normally.

Chempricehub's analysis of methanol, with a long-short score: 1.5
The article shows that the methanol auction transaction prices of Yankuang Group (3050 yuan/ton and 2645-2650 yuan/ton) are higher than the starting prices, and the plants are operating normally, indicating strong spot market demand and stable supply, which is favorable for spot prices. Combined with the latest methanol MA futures data (2026-04-10), the main contract such as 2609 closed at 2834 yuan/ton. The auction prices are higher than the current futures levels, which may drive a rebound in futures prices; changes in open interest indicate increased market activity (e.g., 2609 contract open interest change +35572), further supporting the positive outlook. The overall score is moderately bullish (+1.5), as the auction event reinforces the tight supply-demand situation, but attention should be paid to subsequent actual supply changes.