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宝城期货甲醇早报-20250822
Bao Cheng Qi Huo·2025-08-22 02:23

Report Summary 1) Report Industry Investment Rating No information provided. 2) Report's Core View - The methanol 2601 contract is expected to run weakly, with short - term, medium - term, and intraday trends being oscillatory, oscillatory, and oscillatory - weak respectively [1][5]. - As the previous macro - driving force weakens, methanol returns to a market dominated by a weak supply - demand structure. The supply pressure of methanol at home and abroad remains high, and downstream demand is in the off - season, leading to a downward shift in the price center [5]. 3) Summary by Relevant Catalog Methanol 2601 Trends - Short - term: Oscillatory [1] - Medium - term: Oscillatory [1] - Intraday: Oscillatory - weak [1][5] Price Calculation and Movement Definition - For varieties with night trading, the starting price is the night - trading closing price; for those without, it's the previous day's closing price. The end price is the day - trading closing price to calculate the price change [2]. - A decline greater than 1% is considered a fall, 0 - 1% is oscillatory - weak, a rise of 0 - 1% is oscillatory - strong, and a rise greater than 1% is a rise. Oscillatory - strong/weak only applies to intraday views [3][4]. Price and Market Analysis of Methanol (MA) - Driven by a weak supply - demand structure, the domestic methanol futures 2601 contract closed 0.08% lower at 2417 yuan/ton on Thursday night, and is expected to maintain an oscillatory - weak trend on Friday [5].