January 28th News On January 28th, Yankuang Guohong conducted a bidding sale for methanol, with the final transaction price ranging from 2,110 to 2,115 yuan per ton on an ex-factory cash payment basis. The 640,000-ton-per-year coal-to-methanol plant is currently operating with dual furnaces. Chempricehub's analysis of methanol indicates a bearish sentiment score of -1.5. The bidding sale for Yankuang Guohong methanol concluded at 2,110–2,115 yuan per ton on an ex-factory cash payment basis, significantly lower than the settlement price of 2,306 yuan per ton for the current methanol futures main contract (MA2605) (data as of January 27, 2026). This reflects a loose supply-demand balance in the spot market. The dual-furnace operation of the 640,000-ton-per-year plant ensures stable and increasing supply, which may exacerbate expectations of market oversupply. Combined with futures market trends, the weak spot price is likely to drag down futures prices, with a clear bearish impact expected in the short term.