甲醇基本面依旧维持弱势 短期内盘面低位震荡为主

Group 1 - The main contract of methanol futures experienced a sharp decline, reaching a low of 2021.00 yuan, with a current price of 2030.00 yuan, reflecting a drop of 2.45% [1] Group 2 - New Lake Futures predicts that methanol will primarily experience low-level fluctuations in the short term due to sustained upstream operations and high import expectations [2] - The domestic upstream production remains stable, while the import volume is expected to remain high due to significant arrivals in October [2] - Downstream demand is generally weak, with traditional downstream demand showing average performance, although winter fuel demand is anticipated to increase [2] Group 3 - Zhonghui Futures indicates that the methanol market remains under pressure due to high inventory levels, with port inventories at their highest in nearly five years [3] - The supply side is characterized by high operating rates of domestic methanol facilities, while overseas facilities have slightly increased their output [3] - The overall demand remains weak, with MTO external procurement facility loads slightly declining, and traditional downstream operations showing a slight recovery [3]