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Yankuang Group sold methanol at auction on November 2 at a final price of RMB 3,615 per ton, ex-works. In Yulin, lots sold at RMB 3,285 to 3,290 per ton, and both of the company's plant phases are operating.
Methanol is a chemical input with no direct role in animal feed formulation, so these Chinese auction prices have little bearing on feed commodity prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.