宝城期货甲醇早报-20250806

Report Summary 1. Report Industry Investment Rating - No investment rating is provided in the report. 2. Report's Core View - The methanol 2509 contract is expected to run strongly, with short - term and medium - term trends being oscillatory, and an intraday trend of oscillatory strength. The price of methanol is affected by coal price rebound and its own supply - demand structure [1][5]. 3. Summary by Related Content Price and Trend - The short - term trend of methanol 2509 is oscillatory, the medium - term trend is oscillatory, and the intraday trend is oscillatory and slightly stronger, with an overall view of running strongly [1]. - On Tuesday night, the domestic methanol futures 2509 contract showed an oscillatory and slightly stronger trend, with the futures price slightly rising 0.46% to 2392 yuan/ton. It is expected to maintain an oscillatory and slightly stronger trend on Wednesday [5]. Driving Logic - As the previous macro - driving force weakens, methanol returns to a market dominated by a weak supply - demand structure. Currently, the supply pressure of methanol at home and abroad is still high, and downstream demand is in the off - season, leading to a downward shift in the price center [5]. - The rebound of domestic coal futures prices drives the methanol futures 2509 contract to show an oscillatory and slightly stronger trend [5].