宝城期货甲醇早报-20250922

Core Insights - The report indicates that the methanol market is experiencing weak fluctuations due to a significant supply pressure and a seasonal downturn in downstream demand [5] - The domestic methanol futures contract (2601) is expected to maintain a weak fluctuation trend, with a recent price of 2356 yuan/ton [5] Summary by Sections Short-term and Medium-term Outlook - The short-term outlook for methanol (2601) is characterized as "fluctuating" while the medium-term outlook is also "fluctuating" [5] - The daily perspective is noted as "weak fluctuation," indicating a bearish sentiment in the market [5] Price Dynamics - The report highlights that the supply-demand structure for methanol is weak, leading to a downward pressure on price levels [5] - The report mentions a significant increase in port inventories, which further exacerbates the supply pressure [5] Market Conditions - The report notes that the recent expectations of a rate cut by the Federal Reserve have been realized, contributing to the stabilization of the domestic methanol futures market [5] - The overall market sentiment remains cautious, with expectations of continued weak performance in the methanol sector [5]