甲醇：供需差异价格震荡，关注库存与宏观影响

Group 1 - The methanol market is experiencing differentiated changes in supply and demand, with port-side social inventory accumulating, which suppresses prices [1] - Domestic methanol enterprises are gradually restarting their production facilities, leading to a recovery in supply capacity [1] - There are positive signs on the demand side, with an expected increase in external procurement of olefins, providing support for the market [1] Group 2 - After a previous price increase, market transactions show signs of fatigue, with buyers' willingness to accept cargo decreasing, leading to a high-level price fluctuation phase [1] - Future attention should be paid to the procurement intensity of olefins and the pace of inventory reduction, which will impact the market [1] - The interconnection effects between the domestic and port markets, including inventory transfer and price transmission, will influence regional market performance [1] Group 3 - The macroeconomic logic post-rollover of contracts will have a significant impact on forward contracts, necessitating caution regarding the risk of further price pressure under a relaxed supply-demand scenario [1]