宝城期货甲醇早报-20250915

Report Summary 1) Report Industry Investment Rating No relevant content 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]. - The supply pressure of methanol at home and abroad is still high, downstream demand is in the off - season, port inventory has increased significantly, and the weak supply - demand structure causes the price center to face a downward shift [5]. 3) Summary by Related Catalog Variety Morning Meeting Minutes - For methanol 2601, the short - term view is oscillatory, the medium - term view is oscillatory, and the intraday view is oscillatory - weak, with an overall view of weak operation. The core logic is that there are differences between long and short positions, leading to an oscillatory - weak trend [1]. Main Variety Price Market Driving Logic - Commodity Futures Energy and Chemicals Sector - The current supply - demand structure of methanol is weak. With coal futures prices oscillating, the domestic methanol market was suppressed by bearish fundamentals on the night of last Friday. The methanol futures 2601 contract showed an oscillatory - weak trend, with the futures price slightly down 0.17% to 2374 yuan/ton. It is expected to maintain an oscillatory - weak trend on Monday [5].