随着国内商品情绪的降温 甲醇期货面临回调压力

Group 1 - The domestic futures market for methanol is experiencing a downward trend, with the main contract opening at 2521.00 CNY/ton and reaching a low of 2397.00 CNY/ton, reflecting a decline of 4.00% [1] - The methanol market is primarily driven by macroeconomic factors and production costs, with high domestic production and operating rates, as well as increased international methanol operating rates and imports [1] - The overall fundamentals of methanol do not show significant contradictions, suggesting a potential for a range-bound market [1] Group 2 - The coal mining capacity verification policy is pushing coal prices up, which in turn supports methanol prices, although the market remains cautious due to potential overheating [2] - The upward movement in methanol prices is limited by the restart of production facilities, increased imports, and compressed MTO profits [2] - There is a warning regarding potential discrepancies in expectations as the political bureau meeting approaches, advising caution for bullish positions and suggesting a wait-and-see approach for conservative investors [2]