宝城期货甲醇早报-20251028

1. Report Industry Investment Rating - No investment rating information is provided in the report. 2. Core Viewpoints of the Report - The methanol 2601 contract is expected to run weakly, with short - term and medium - term trends being oscillatory and oscillatory - weak respectively, and the intraday trend also being oscillatory - weak [1][5]. - Due to recent Sino - US economic and trade consultations and positive policies released by the Fourth Plenary Session of the 20th Central Committee, the macro sentiment has improved. The cost - driven logic of methanol is emerging as domestic coal futures prices have stabilized and rebounded, offsetting the bearish trend created by the weak supply - demand structure. It is expected that the domestic methanol futures 2601 contract may maintain an oscillatory - weak trend on Tuesday [5]. 3. Summary by Relevant Content 3.1 Time - cycle and Viewpoint Information - For the methanol 2601 contract, the short - term view is oscillatory, the medium - term view is oscillatory - weak, and the intraday view is also oscillatory - weak, with a reference view of weak operation. The core logic is the suppression of the weak fundamentals [1]. 3.2 Price and Market Information - On the night session of Monday this week, the domestic methanol futures 2601 contract maintained an oscillatory - weak trend, with the futures price slightly down 0.53% to 2261 yuan/ton [5].