宝城期货甲醇早报-20251015

Group 1: Report Industry Investment Rating - No industry investment rating information is provided in the report. Group 2: Core View of the Report - The report predicts that the methanol 2601 contract of domestic methanol futures may maintain a weak and volatile trend on Wednesday, with bearish factors dominating [1][5]. Group 3: Summary According to the Directory Methanol 2601 Contract Outlook - In the short - term (within a week), medium - term (two weeks to a month), and intraday, the methanol 2601 contract is expected to be weak, with a reference view of weak operation [1]. Core Logic - After the market digested the event of sanctions on Iranian methanol vessels, the bullish driving force weakened. The domestic methanol operating rate and weekly output remain at relatively high levels, and the external import pressure continues to increase, with the annual import peak already reached. As a result, the methanol inventories at ports in East and South China before the festival are high. Although downstream demand is gradually improving, the olefin futures profit is poor, and the weak demand situation still needs to be improved. Affected by the medium - term downward trend, on Tuesday night, the domestic methanol futures 2601 contract closed slightly lower by 0.65% to 2,282 yuan/ton [5].