JEP(SZ:000875) Jian Xin Qi Huo·2025-06-26 01:26Group 1: General Information - Report Title: Methanol Daily Report [1] - Date: June 26, 2025 [2] - Researcher Information: Li Jin, Ren Junchi, Peng Haozhou, Peng Jinglin, Liu Youran, Li Jie, Feng Zeren [3] - Data Sources: Wind, CCB Futures Research and Development Department [5] Group 2: Market Performance - Futures Market: Methanol weighted contract increased positions and rebounded, with an increase of 12,464 lots, and the 09 main contract increased by 7,724 lots. The weighted contract showed a narrow - range oscillation and closed with a small - bodied positive line, rising 0.5% [5]. - Spot Market: The average spot transaction price of methanol in Jiangsu Taicang was 2,650 yuan/ton, up 10 yuan/ton from the previous day [6]. Group 3: Inventory Data - Domestic Production Enterprises: As of June 25, 2025, the inventory of domestic methanol sample production enterprises was 341,600 tons, a decrease of 25,800 tons (7.02%) from the previous period; the sample enterprise orders to be delivered were 240,700 tons, a decrease of 33,100 tons (12.08%) [6]. - Port Inventory: The total domestic methanol port inventory was 670,500 tons, an increase of 84,100 tons from the previous data. Both East China and South China regions had inventory accumulation [6]. Group 4: Arrival Volume - Weekly Arrival: The weekly arrival volume of Chinese methanol samples was 301,400 tons, with a slight increase. Among them, foreign vessels accounted for 264,100 tons and domestic trade vessels supplemented 37,300 tons [6]. Group 5: Market Outlook - Short - term Trend: The driving factor of geopolitical conflicts on the market has weakened, the amplitude of methanol has converged, and it will mainly oscillate in the short term. Technically, it also shows an oscillating trend [6]. Group 6: Contract - Specific Data - MA2501: Opened at 2,401, closed at 2,417, with a high of 2,425, a low of 2,399, a rise of 0.42%, a trading volume of 80,377, an open interest of 242,523, an increase of 4,963 in open interest, and a speculation degree of 0.33 [7]. - MA2505: Opened at 2,322, closed at 2,328, with a high of 2,330, a low of 2,315, a rise of 0.30%, a trading volume of 1,195, an open interest of 5,235, a decrease of 81 in open interest, and a speculation degree of 0.23 [7]. - MA2509: Opened at 2,383, closed at 2,391, with a high of 2,400, a low of 2,375, a rise of 0.50%, a trading volume of 1,052,872, an open interest of 904,459, an increase of 7,724 in open interest, and a speculation degree of 1.16 [7]. Group 7: Industry News - Investment Project: Jidian Co., Ltd. plans to invest 4.92 billion yuan through its subsidiary to build the Lishu Green Methanol Innovation Demonstration Project, an important step towards the green hydrogen - based energy field [12].