宝城期货甲醇早报-20250819

Report Summary 1) Report Industry Investment Rating No relevant information provided. 2) Core View of the Report - The methanol 2601 contract is expected to run weakly, showing a volatile trend in the short and medium - term and a volatile and weak trend intraday [1][5]. - With the weakening of the previous macro - driving force, methanol has returned to a market dominated by a weak supply - demand structure. The supply pressure of methanol at home and abroad is still large, and downstream demand is in the off - season, leading to a downward shift in the price center [5]. 3) Summary by Related Content Price and Trend - The short - term view of methanol 2601 is volatile, the medium - term view is volatile, and the intraday view is volatile and weak, with a reference view of weak operation [1]. - On the night session of Monday this week, the price of the domestic methanol futures 2601 contract closed slightly lower by 1.04% to 2375 yuan/ton. It is expected to maintain a volatile and weak trend on Tuesday [5]. Driving Logic - The weakening of coal prices and the weak supply - demand structure of methanol are the main reasons for the weak operation of methanol prices. The supply pressure of methanol at home and abroad is large, and downstream demand is in the off - season [1][5].