甲醇日报-20250612

1. Report Information - Report Title: Methanol Daily Report [1] - Date: June 12, 2025 [2] - Researcher: Li Jin (Methanol), Ren Junchi (PTA, MEG), Peng Haozhou (Urea, Industrial Silicon), Peng Jinglin (Polyolefins), Liu Youran (Pulp), Li Jie (Crude Oil and Fuel Oil), Feng Zeren (Glass and Soda Ash) [3][4] - Data Sources: Wind, Research and Development Department of CCB Futures [5] 2. Investment Rating - No investment rating information is provided in the report. 3. Core Viewpoints - Methanol weighted contracts reduced positions and rose, with the weighted contract reducing 1971 lots and the 09 main contract reducing 4545 lots, closing with a 0.26% increase [5]. - The average spot price of methanol in Taicang, Jiangsu was 2367 yuan/ton, a decrease of 13 yuan/ton from the previous day [6]. - As of June 11, 2025, domestic methanol sample production enterprise inventory was 37.91 tons, a 2.33% increase; sample enterprise orders to be delivered were 30.21 tons, a 15.22% increase; domestic methanol port inventory was 65.22 tons, a significant increase [6]. - Short - term methanol is expected to fluctuate and rebound, with short - term technical indicators showing a slightly stronger trend, but the medium - term outlook remains weak [6]. 4. Summary by Directory 4.1 Market Review and Outlook - Futures market: MA2501 rose 0.30%, MA2505 rose 0.44%, and MA2509 rose 0.26% [7]. 4.2 Industry News - Sinopec's 23.8 billion yuan large - scale coal chemical project, the 800,000 - ton/year coal - to - olefin upgrading demonstration project in Dalü, Inner Mongolia, started its overall design coordination meeting [13]. 4.3 Data Overview - Multiple data charts are provided, including futures prices and warehouse receipt quantities, basis of the main contract, price differences between production and sales areas, profits of three methanol production processes, and overseas methanol market prices [15][20][22]