宝城期货甲醇早报-20250728

Report Summary 1) Report Industry Investment Rating - Not provided in the given content 2) Report's Core View - The methanol 2509 contract is expected to run weakly, with a short - term view of being moderately strong, a medium - term view of being volatile, and an intraday view of being moderately weak. The main reason is that the cost driver has weakened, and the weak supply - demand structure of methanol is re - dominating the futures price [1][5] 3) Summary by Related Contents Price and Performance - Last Friday night, the domestic coal futures prices had a high - level correction and a sharp decline, which dragged the methanol futures 2509 contract down 2.80% to 2430 yuan/ton [5] Market Environment - Over the weekend, the US and Europe reached a trade agreement, and China and the US will hold an economic and trade meeting in Sweden at the end of this month. Against the backdrop of improved macro factors, the risk appetite in the commodity market has rebounded [5] Outlook - It is expected that the domestic methanol futures 2509 contract may maintain a moderately weak volatile trend on Monday [5] Definition of Price Movements - For commodities with night trading, the starting price is the night - trading closing price; for those without, it is the previous day's closing price. The ending price is the daily - session closing price. A decline greater than 1% is considered a fall, a decline of 0 - 1% is moderately weak, a rise of 0 - 1% is moderately strong, and a rise greater than 1% is a rise. Moderately strong/weak only applies to intraday views, not short - term and medium - term views [2][3][4]