甲醇日报-20250507

Group 1: Report Basic Information - Report Name: Methanol Daily Report [1] - Date: May 7, 2025 [2] - Researcher: Li Jin, Ren Junchi, Peng Haozhou, Peng Jinglin, Liu Youran, Li Jie, Feng Zeren [3] Group 2: Market Conditions Futures Market - MA2501: Opened at 2311, closed at 2288, high of 2320, low of 2284, down 1.21%, volume 21008, open interest 122754, open interest change +5924, speculation degree 0.17 [6] - MA2505: Opened at 2270, closed at 2300, high of 2358, low of 2270, down 0.48%, volume 1070, open interest 6988, open interest change -747, speculation degree 0.15 [6] - MA2509: Opened at 2243, closed at 2219, high of 2257, low of 2215, down 1.42%, volume 511233, open interest 693078, open interest change +57587, speculation degree 0.74 [6] - Methanol weighted contract: Increased positions and declined, increased 64304 lots, 09 main contract increased 57587 lots, overall down 1.37% [6] Spot Market - The average spot price of methanol in Jiangsu Taicang was 2430 yuan/ton, down 3 yuan/ton from the previous day [7] Group 3: Industry Situation - Production: Recently, the output of domestic methanol due to maintenance and production - cut involving capacity is more than that of recovery - related capacity, with a slight decrease in overall production [7] - Inventory: Enterprise inventory remained low last week, while port inventory increased significantly. Jiangsu mainstream social warehouses had good dock pick - up [7] - Demand: Last week, the olefin plant in Shaanxi Pucheng resumed normal operation, while the Sierbang and Inner Mongolia Baofeng Phase I plants continued to be shut down. The olefin industry's operating rate still declined slightly [7] - Outlook: It is expected to run weakly in the short - and medium - term. Technically, it also shows a short - term weak and volatile trend [7] Group 4: Industry News - A 300,000 - ton/year hydrogen - based green methanol project in Xinjiang was signed, with a total investment of 14.2 billion yuan [13]