Yankuang Group methanol auction on July 7: Yulin Yankuang methanol starting price at 2050 yuan.

On July 7, the methanol auction situation of Yankuang Group: Yulin Yankuang methanol starting price was 2,050 RMB/ton, with a volume of 5,000 tons; the transaction result is pending follow-up. The company's Phase I 600,000 tons/year methanol plant and Phase II 800,000 tons/year methanol project are both operating stably. Yankuang Guohong methanol was sold through competitive bidding, with final transaction prices of 2,365-2,370 RMB/ton (ex-factory, cash settlement). The 640,000 tons/year coal-to-methanol plant is running with three furnaces in operation.