宝城期货甲醇早报-20250902

Report Summary 1) Report Industry Investment Rating - Not provided in the given content 2) Report's Core View - The methanol 2601 contract is expected to run weakly, showing a short - term, medium - term, and intraday trend of oscillation, with an intraday bias towards weak oscillation [1][5] 3) Summary by Relevant Aspects Price and Trend - The domestic methanol futures 2601 contract slightly rebounded in the night session on Monday, with the price slightly rising 0.68% to 2375 yuan/ton, but facing large upward pressure and expected to maintain a weakly oscillating trend on Tuesday [5] Market Logic - As the previous macro - driving force weakens, the methanol market returns to being 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, causing the price center to face a downward shift. Also, it's affected by the slight decline in domestic coal futures prices and the suppression of weak industrial factors [5] Time - Period Definition and Classification - Short - term refers to within one week, medium - term refers to two weeks to one month. For intraday views, a decline of more than 1% is considered a fall, a decline of 0 - 1% is weakly oscillating, a rise of 0 - 1% is strongly oscillating, and a rise of more than 1% is a rise. The concepts of strongly/weakly oscillating are only for intraday views, not for short - term and medium - term views [1][3][4]