宝城期货甲醇早报-20250724

Report Summary 1) Report Industry Investment Rating No information provided on the industry investment rating. 2) Core View of the Report The report predicts that the domestic methanol futures 2509 contract may maintain a volatile and bullish trend on Thursday. In the context of improved macro - factors, the risk appetite in the commodity market has significantly increased. The continuous rebound of domestic coal futures prices offsets the weak supply - demand structure of methanol, leading to a volatile and bullish trend in domestic methanol futures on Wednesday night, with the futures price rising 1.60% to 2469 yuan/ton [5]. 3) Summary by Related Catalog Methanol Futures Outlook - Short - term view of methanol 2509: Volatile and bullish [1] - Medium - term view of methanol 2509: Volatile [1] - Intraday view of methanol: Volatile and bullish; medium - term view: Volatile; reference view: Bullish operation [5] Price and Driving Logic - On Wednesday night, domestic methanol futures maintained a volatile and bullish trend, with the futures price rising 1.60% to 2469 yuan/ton. The driving factors include improved macro - factors such as trade agreements between the US, Japan, Europe, and China's upcoming economic and trade meetings, and the continuous rebound of domestic coal futures prices [5].