ChemPriceHub, October 22 — On October 22, Inner Mongolia Shenhua Baotou launched a methanol auction with an opening price of RMB 3,020 per tonne for a total volume of 1,000 tonnes. The entire quantity was ultimately sold at RMB 3,130 per tonne. The plant’s 1.8 million tonnes per year coal-to-methanol unit is operating normally.
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