On September 3, Inner Mongolia Rongxin's methanol auction had a starting price of 3,040 yuan/tonne for 3,000 tonnes, and the entire volume was unsold. In addition, the company plans to shut down its Phase I 900,000-tonne/year methanol project for maintenance on September 5, lasting 25 days. During this period, the Phase II 900,000-tonne/year project will continue normal operation.
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